How do you sell a home that's burned down?

There’s not much left of 17126 Avenida de la Herradura in the Pacific Palisades‘ Highlands neighborhood. A charred file cabinet a few feet from where the front door probably was. Some blackened cans of paint strewn about what was likely the front yard. Five neighboring homes on the cul-de-sac look similarly obliterated.

But at the end of the street, there’s still an ocean view.

“This is the first publicly listed and closed property in the Palisades,” said Richard Schulman, standing outside what used to be a 2,500 square foot ranch house. “This closed for $1.2 million.”

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