The museum is now working with the police and fire departments in the area to determine the need for future closures and the evacuation of any personnel.
As homes are destroyed or damaged in the area, there will likely be an uptick in lease and rental demand, said Umansky, though the rental vacancy rate in Bel-Air and Brentwood area is very low.
Los Angeles Mayor Eric Garcetti declared a state of emergency while 11 Los Angeles Unified schools canceled Wednesday classes.
The risky Santa Ana winds that have fanned fires across Southern California this week have diminished over the new LA fire but conditions are very dry, with just 9 percent relative humidity.
The fire was burning in the same general area as the devastating Bel Air Fire of 1961.
Simultaneously, other wildfires are blazing in different parts of the Southland including the 65,000-acre Thomas fire in Ventura County, the 11,000-acre Creek fire near Sylmar and Lake View Terrace and the 7,000-acre Rye fire in Santa Clarita area, ABC7 reported.
"Strong winds overnight creating extreme fire danger".
The fire erupted before dawn Wednesday on the east side of Sepulveda Pass, which carries heavily traveled Interstate 405 through the Santa Monica Mountains on the city's western side. "To put this in perspective, it's already bigger than the La Tuna Canyon Fire in 12 hours", Garcetti said, referring to almost 7,200-acre fire that burned nearby in September.
The area north of the 210 Freeway from Lowell Boulevard on the east to the Glenoaks Boulevard off ramp on the west is under a mandatory evacuation order, according to the Los Angeles Fire Department. 220 Firefighters on scene. The wildfire started at 4am Tuesday and rapidly spread in the foothills of the Angeles National Forest, located above the neighborhood of Sylmar in the San Fernando Valley.
More than 1,000 firefighters battled an unrelenting wildfire on Wednesday that threatened more than 12,000 homes in and around Ventura, the biggest of several uncontrolled Southern California blazes fanned by intensifying dry Santa Ana winds. Officials will provide an update Thursday morning as to when evacuated residents might be able to return to their homes, he added. Here a vehicle passes by a wall of flames on the 101 highway as it reaches the coast near Ventura, California, about 70 miles northwest of Los Angeles.