Los Angeles wildfires: A luxury apartment has been listed for $35 million on a U.S.-based online real estate marketplace as devastating wildfires continue to burn in multiple locations in Los Angeles. INR288 million) was engulfed in flames in a viral video.
Video taken from a distance shows a huge mansion and several palm trees lining the fence going up in flames. Netizens flocked to the comments section of this viral video to express their shock at the devastating effects of the Los Angeles wildfires.
Considering that the asset value is high, INRThe 288 million mansion fire in Los Angeles is expected to be one of the costliest wildfire outbreaks in U.S. history, with insured losses estimated to exceed $8 billion ( INR800 million), the BBC reported, citing figures from the insurance industry.
Los Angeles wildfires: how they started
Hollywood, the heart of America’s iconic film and television industry, has been in the throes of devastating wildfires since Tuesday, January 7th.
There has been little rain in Southern California since early May, and the region has continued to experience drought, causing wildfires to spread rapidly. Strong winds further fueled the fire.
Los Angeles wildfires: what happened so far
Despite the efforts of firefighters, the fire remains uncontained, and evacuation orders have been issued for approximately 180,000 residents in the county.
Several celebrity mansions in the Pacific Palisades and Hollywood Hills are among the properties reduced to ashes in the Los Angeles wildfires. Leighton Meester and Adam Brody, who attended the Golden Globes just days ago, and Paris Hilton are among the celebrities who lost their homes.
The Los Angeles wildfires have gutted multimillion-dollar homes and scorched a 3,000-acre (1,200-hectare) area in the Santa Monica Mountains, AFP reported. Firefighters used bulldozers to move dozens of luxury cars, including luxury models from BMW, Tesla and Mercedes.
