The Tahitian Terrace mobile home park, home to mostly elderly residents, was destroyed in a recent fire, erasing an affordable housing option in Pacific Palisades. The community offered stunning ocean views and was a rare affordable enclave amidst rising property prices, where homes averaged over $3.4 million. This disaster has left residents, who included elderly homeowners and mixed-income families, concerned about their ability to remain in the area due to skyrocketing living costs post-fire.
It was like everyone knew it was the best-kept secret to live there. You had a better view than any of the multimillion-dollar houses over the hill.
Residents fear they will be priced out of Pacific Palisades, where the average home price was more than $3.4 million before the fire.
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