See Photos of Devastating Palisades Fire in California Businesses and homes have been damaged in the Pacific Palisades, with over 1,000 structures destroyed by the Palisades fire, according to LA County Fire Chief Anthony Marrone.

Cooperative Institute for Research in the Atmosphere (CIRA) shared a time lapse from space of the California wildfires, which ignited Tuesday afternoon. (Credit: Facebook / Cooperative Institute for R

The three areas impacted by the raging wildfires have one thing in common: They sit at the edges of mountain regions the Santa Ana winds whip through.

At least five people were killed and more than 1,000 structures were destroyed as fierce wildfires raged in the Los Angeles area, officials said.

A large bush fire threatens more than 25,000 homes and structures in Los Angeles as Southern California grapples with a brutal wind storm Tuesday. The Palisades Fire has burned nearly 3,000 acres acres since it was reported at around 10:30 a.

U.S. private forecaster AccuWeather said on Wednesday that estimated damage and economic loss from the California wildfire, already one of the worst in history, is over $50 billion at a preliminary level.