Corporate investors have bought up scores of properties in the broader community. On top of devastating losses and rebuilding and insurance claim headaches, survivors of the 2025 Los Angeles County firestorms have faced an increasingly existential threat to their communities: large investment firms buying up burned lots. AdvertisementAn analysis from the third quarter of 2025, which included sales in Pacific Palisades, Malibu and Altadena, found slightly lower rates, but still nearly 40% of lots going to investors. “I’m proud to introduce legislation to help restrict giant corporate investors from purchasing properties in impacted areas. Another looks to ban investors that own at least 1,000 single-family properties from buying more homes in order to rent them out.

Source: Los Angeles Times March 03, 2026 20:01 UTC