A Pacific Palisades resident purchased a million-dollar burned lot for his daughter while he rebuilds too, so ‘grandpa and grandma will be just down the block’

Quick Summary:

He imagines it could cost around $4 million and take about three years to rebuild the two.

His daughter has a condominium in a gated community in Pacific Palisades that suffered smoke and soot damage after the fires.

PACIFIC PALISADES, CALIFORNIA - JANUARY 08: Flames from the Palisades Fire approach homes on January 08, 2025 in Pacific Palisades, California.

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Article Details

Author / Journalist: Alena Botros

Category: EconomyBusiness

Markets: United States

Topics: Tariffs and trade Wildfires Los Angeles Housing Real Estate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-13 @ 08:03:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 946 words

Reading Time: 6 minutes read

Sentences: 4 lines

Sentence Length: 237 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27831256

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Official Website: fortune.com

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