Crystal and his wife Janice had lived in the home since 1979. The Pacific Palisades home Billy Crystal and wife Janice have lived in since 1979 has burned down amid the wildfires raging across Los Angeles County.

"Every inch of our house was filled with love. Beautiful memories that can't be taken away," the couple said of their home in the Pacific Palisades

Billy and Janice Crystal are mourning the loss of their nearly 50-year-old Palisades home that was reduced to ashes by the Los Angeles fire. The actor confirmed the news in a statement to PEOPLE on Wednesday as Palisades wildfires continue to wreak havoc in L.

"Words cannot describe the enormity of the devastation we are witnessing and experiencing," Billy and Janice Crystal said. "We ache for our friends and neighbors who have also lost their homes and businesses in this tragedy.

Billy and Janice Crystal are mourning the loss of their nearly 50-year-old Palisades home that was reduced to ashes by the Los Angeles fire. The actor confirmed the news in a statement to PEOPLE on Wednesday as Palisades wildfires continue to wreak havoc in LA County.

Mel Gibson visited the rubble of his $14.5 million Malibu mansion Wednesday, one week after it burned down in the Palisades Fire. The actor, 69, was escorted through his neighborhood in a firetruck and then surveyed the damage done to his home of 15 years.

A raging Los Angeles wildfire has destroyed thousands of homes, including a home that Billy Crystal said his family filled with love.

Mark Hamill, Jamie Lee Curtis, Mandy Moore, and thousands of other Los Angeles residents were put under evacuation orders

Stars, including Paris Hilton, Billy Crystal, and Milo Ventimiglia were mourning the loss of their homes and possessions in LA's devastating fires.

The Pacific Palisades home Billy Crystal and his wife, Janice, had lived in since 1979 has burned down in the wildfires raging across Los Angeles County. "Words cannot describe the enormity of the ...

Billy Crystal and his wife Janice have lost their home of more than four decades to the Pacific Palisades fire. In a statement shared with CNN, Crystal confirmed their house burned down as a ...

Palisades Charter High School and the Getty Villa have been destroyed—and homes owned by Kamala Harris, Tom Hanks and Steven Spielberg remain were in the evacuation area.