Vacant lots in Altadena, Palisades areas are piling up, as investors move in, according to Redfin report

Investors in Altadena and the Palisades area bought two of every five vacant lots sold in the third quarter of 2025, according to a Redfin News report of county data.

The report, released Dec. 30 by the online real estate listing site, was a snapshot of a time, one year after both fires broke out, when residents are pausing on whether to rebuild, given growing financial uncertainty.

“People who plan to stay are encouraging others not to sell because of how much it could change the neighborhood—but for some residents...