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Crews responded to the 8500 block of Lookout Mountain Avenue around 4:40 p.m. A total of 45 firefighters extinguished the blaze in about 33 minutes, according to the Los Angeles Fire Department.

Firefighters found a man dead inside the home. Officials have not released the man's name, but neighbors identified him as Will Rothschild of the powerful banking family.

A cause of death will be determined by the L.A. County Medical Examiner. It's unclear what may have started the fire, and the incident remains under investigation, reported ABC 7 Eyewitness News in Los Angeles.

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