Los Angeles Times

Despite fire, Malibu Colony Beach remains L.A.'s priciest neighborhood, report says

Despite the ravages of fire and rising sea levels, Malibu dominated a ranking of most expensive neighborhoods in the Los Angeles area during 2018.

For the second straight year, Malibu Colony Beach was the region's costliest real estate enclave.

The median home in the oceanfront community sold for a whopping $10.65 million in 2018, according to housing data from PropertyShark.

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