After the Palisades fire burned down this L.A. home, the plot sold for more than $1 million as a ‘blank canvas’

(Credit: Roger Kisby—Bloomberg/Getty Images)

• After a home in the Pacific Palisades burned down, the empty charred lot sold for more than $1 million and may be getting a second life through redevelopment by a local investor.

After last month’s California wildfires burned down a pristine Pacific Palisades home, the remaining charred lot still sold for over $1 million.