Burned Palisades home draws 60 offers
On a cul-de-sac in Los Angeles’ Pacific Palisades, what was once a four-bedroom wood-and-stucco house is now a pile of rubble except for two chimneys and a few brick columns. The property went on the market 10 days after flames ripped through the community last month, with an asking price of $999,000.
More than five dozen offers later, it’s now in escrow for “a good chunk more” than $1 million, according to the agent who listed the property.