Developers are lining up to buy in on Altadena’s burned out lots

A wave of “Altadena Not for Sale” signs dot the yards of fire-scarred properties as a plea to preserve the communities that have been lost in January’s Eaton fire. Behind the signs, a different reality is unfolding — Altadena is for sale, and develope… Continue reading

2nd LA real estate agent charged with price gouging

Lar Sevan Chouljian of Team Rock Properties in Glendale allegedly offered a family who evacuated the Eaton Fire a rental whose asking price exceeded its original price by more than 50 percent. Chouljian has denied the accusation. Continue reading

2nd LA real estate agent charged with price gouging

Lar Sevan Chouljian of Team Rock Properties in Glendale allegedly offered a family who evacuated the Eaton Fire a rental whose asking price exceeded its original price by more than 50 percent. Chouljian has denied the accusation. Continue reading

LA agent charged with rental price gouging as fires continue

Mike Kobeissi, president and broker of Kobeissi Properties, told Inman that the state’s district attorneys had got their facts bungled and that the property in question had been rented out to the couple at a reduced rate once it became known they were … Continue reading