Local News

Investors Purchase Nearly Half of Vacant Fire-Damaged Lots in Palisades, Malibu. Following the January 2025 wildfires in California, real estate investors have acquired a substantial portion of the vacant lots available in Pacific Palisades and Malibu. Recent data indicate that in the third quarter, about 40% of lot sales in the Pacific Palisades and more than 44% in Malibu were to investors, a significant increase over the previous year. Homeowners in these areas are weighing whether to rebuild or buy elsewhere amid heightened investor interest. This trend is reshaping recovery efforts within these communities. (Source: Santa Monica Mirror on Jan 5) Westside Beaches Los Angeles, CA Malibu, CA

Santa Monica and Waymo File Lawsuits Over Vehicle Charging Facilities in Neighborhood. Santa Monica and Waymo are engaged in legal disputes after talks broke down regarding two autonomous vehicle charging sites in a local neighborhood. Residents have raised concerns over disruptions such as traffic, noise, and flashing lights from the facilities, which serve around 50 of Waymo's electric vehicles operating in the Los Angeles area. In December, both parties filed lawsuits, with the city seeking restrictions on nighttime operations and Waymo contesting the nuisance allegations. The case is expected to proceed through the courts in the coming year. (Source: Santa Monica Mirror on Jan 2) Westside Beaches Santa Monica, CA Los Angeles, CA

Former 15-Unit Condo Site in Pacific Palisades Listed for $12 Million. A 0.33-acre parcel at 15330 Albright Street in Pacific Palisades has been put on the market for $12 million. Formerly the site of a 15-unit condominium building, the lot is promoted as a prime development opportunity with 15 separate parcel numbers. The location offers convenient access to hiking trails, local beaches, and cultural landmarks such as Will Rogers State Park and the Getty Villa. It is situated near shopping and community amenities in the Palisades Village area. (Source: Santa Monica Mirror on Dec 29) Westside Beaches Los Angeles, CA

Former Condo Property on Albright Street in Pacific Palisades Listed for $12 Million. A 0.33-acre property at 15330 Albright Street in Pacific Palisades, once home to a 15-unit condominium building, is now available for purchase at $12 million. The site, which includes 15 parcel numbers, is being marketed as a prime development opportunity in close proximity to Palisades Village and local amenities. Situated along the Santa Monica Mountains, the property offers views of the coastline and easy access to beaches, parks, and community facilities. The site appeals to investors seeking development in a desirable Westside location. (Source: Yo! Venice! on Dec 29) Westside Beaches Los Angeles, CA

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