"It's with a heavy heart that we must confirm Paul Walker passed away today in a tragic car accident," read a tweet at@RealPaulWalker.
The accident is said to have occurred in Valencia, California, where the actor was attending an open house at Always Evolving, a performance car and racing business.
According to fire officials, the single vehicle crash happened at around 3:30 p.m. local time in the Rye Canyon Business Park.
A red Porsche had struck a light pole and a tree. Two occupants were pronounced dead at the scene.
The L.A. County Sheriff's Traffic Services Detail is investigating the cause of the accident and the L.A. County Coroner is on scene.
In addition to playing Brian O'Conner in the Fast and the Furious movies, Walker starred in 1999′s Varsity Blues, 2001′s Joy Ride and 2005′s Into the Blue.
He worked several times in Canada, including 2000′s The Skulls in Toronto and 2006′s Eight Below in B.C.
Walker has several films set for release, including the drama Hours on Dec. 13.
Walker has a 15-year-old daughter, Meadow.
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