realestate

Altadena's Devastated Properties Lure Investors Seeking Bargains

Altadena native Danielle Neal lost childhood home and rental property in devastating LA County wildfires.

D
anielle Neal, a 30-year-old fourth-generation Altadena resident, lost her childhood home and rental property in the recent wildfires that ravaged Los Angeles County. Her aunt and uncle, who lived in the family home, are already being approached by numerous buyers looking to purchase the still smoldering remains at a discounted price. Neal expressed frustration with these speculators, describing them as lacking compassion and likening their actions to looting. In Altadena and other areas affected by the fires, real estate investors are swooping in, seeking to capitalize on the devastation.

Altadena properties damaged by disaster attract investors seeking affordable real estate opportunities.