Close Menu
Real Estate Smart ChoiceReal Estate Smart Choice
  • News
  • Investing
    • Buying
    • Selling
  • Financing
    • Mortgage Calculator
  • Guides
  • Homeowners
    • Home Improvement
    • Property Management

LATEST

June 6, 2025 Economic and Housing Market Update
June 7, 20253 Mins Read
Retail Investors to Drive Half of Private Market Fundraising by 2027
June 6, 20255 Mins Read
Bird Dog Bot
Facebook X (Twitter) Pinterest LinkedIn
Real Estate Smart ChoiceReal Estate Smart Choice
  • News
  • Investing
    • Buying
    • Selling
  • Financing
    • Mortgage Calculator
  • Guides
  • Homeowners
    • Home Improvement
    • Property Management
Real Estate Smart ChoiceReal Estate Smart Choice
Home » Real Estate » Financing » Second LA Real Estate Agent Charged With Price Gouging
Financing Real Estate

Second LA Real Estate Agent Charged With Price Gouging

January 30, 20254 Mins Read
Second LA Real Estate Agent Charged With Price Gouging
Facebook Twitter LinkedIn Pinterest Email Copy Link


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.

Turn up the volume on your real estate success at Inman On Tour: Nashville! Connect with industry trailblazers and top-tier speakers to gain powerful insights, cutting-edge strategies, and invaluable connections. Elevate your business and achieve your boldest goals — all with Music City magic. Register now.

A second Los Angeles-area real estate agent has been charged with price gouging in the wake of destructive wildfires that have displaced thousands, California Attorney General Rob Bonta’s office announced on Monday.

After reviewing complaints received by the California Department of Justice (DOJ), an investigation showed that a family who evacuated the Eaton Fire and inquired about renting a Glendale home were offered a rental price that exceeded the home’s original listing price by more than 50 percent, according to Monday’s press release.

It is against the law for real estate agents and landlords to raise prices by more than 10 percent while LA County is under an emergency order in response to the wildfires. The Southern California agent charged with price gouging is Lar Sevan Chouljian, who is currently licensed with Team Rock Properties, a brokerage based in Glendale, California.

“In the face of natural disaster, we should be coming together to help our neighbors, not attempting to profit off their pain,” Attorney General Bonta said in a statement. “Today’s charges are another example of DOJ’s commitment to put an end to price gouging … May this announcement serve as a stern warning to those who would seek to further victimize people who have lost everything in the face of Southern California’s wildfires: We won’t stop until the price gouging does.”

Lar Sevan Chouljian | Team Rock Properties

Chouljian did not immediately respond to Inman’s request for comment, but she told LAist in a text message that “there was absolutely no price gouging involved, and in fact, the property closed under the 10 percent limit.”

Members of the public who believe they have been victims of price gouging can report it to local authorities, by filing a report at oag.ca.gov/report or by calling the attorney general office’s hotline at (800) 952-5225.

In addition to contacting authorities, the attorney general’s office recommended that consumers include screenshots of any correspondence they had with individuals who allegedly price gouged, provide anything that shows what price was offered and by whom, take screenshots of a listing’s price history on Zillow or other portals and copy a link to the listing, and provide any available information about real estate agent or business owner identities, including their contact information, social media accounts and addresses.

On Jan. 14, Zillow published a blog post targeted toward landlords in California with details about what to know to be in compliance with the state’s anti-price gouging law. The portal also told Inman that it’s been taking down listings that violate the law.

“Due to the devastating fires in the Los Angeles area, we’re taking action to help address price gouging on rental listings in the affected areas that appear on our platform,” a Zillow spokesperson told Inman in an email.

“This includes flagging potential violations and removing listings with price increases that exceed the state of emergency threshold. If renters see a potential violation, we encourage them to report the listing to Zillow and California authorities. We believe it is essential for housing providers to follow local housing rules, including consumer protections against price gouging during and following a natural disaster, and we are providing resources to help them understand their responsibilities.”

A criminal complaint was filed in LA Superior Court on Monday against Chouljian. If criminally convicted, she could face one year in jail and/or a fine of up to $10,000. If charged civilly, she could face a penalty of up to $2,500 per violation.

Last week, Mike Kobeissi, president and broker of Kobeissi Properties, was charged by Attorney General Bonta’s office for allegedly price gouging on a rental property in La Cañada Flintridge, California. Kobeissi denied the charge and told Inman that the property in question had actually been rented out to a couple at a discount because they were wildfire evacuees.

Email Lillian Dickerson

view original post on www.inman.com

Share. Facebook Twitter Pinterest LinkedIn Email Copy Link
Previous ArticleFall 2024 WSJ/Realtor.com Housing Market Ranking
Next Article Canopy MLS Introduces AI Assistant Ardi

Related Articles

June 6, 2025 Economic and Housing Market Update

June 7, 20253 Mins Read
Read More

Retail Investors to Drive Half of Private Market Fundraising by 2027

June 6, 20255 Mins Read
Read More

Common Lease Violations in the Summer and How to Address Them

June 6, 20257 Mins Read
Read More
LATEST

June 6, 2025 Economic and Housing Market Update

June 7, 20253 Mins Read

Retail Investors to Drive Half of Private Market Fundraising by 2027

June 6, 20255 Mins Read

Common Lease Violations in the Summer and How to Address Them

June 6, 20257 Mins Read

May Jobs Report Shows Modest Growth (+139,000) – Unemployment Holds Steady

June 6, 20252 Mins Read
POPULAR
News Real Estate

June 6, 2025 Economic and Housing Market Update

June 7, 20253 Mins Read

June 6, 2025   VIDEO TRANSCRIPT: I’m  Danielle Hale, Chief Economist at Realtor.com®. As the days grow longer, I’m going to discuss the latest data on the labor market.  I’ll…

Read More

Retail Investors to Drive Half of Private Market Fundraising by 2027

June 6, 20255 Mins Read

Common Lease Violations in the Summer and How to Address Them

June 6, 20257 Mins Read

May Jobs Report Shows Modest Growth (+139,000) – Unemployment Holds Steady

June 6, 20252 Mins Read
About Us

We are your premier destination for real estate news, investment insights, and invaluable industry information. Our commitment is to provide you with accurate, timely, and comprehensive content that empowers you to make informed decisions in today's ever-evolving real estate landscape. Trust us to be your guide in navigating the intricacies of real estate investment and beyond!

Home Designs AI

LATEST

June 6, 2025 Economic and Housing Market Update

June 7, 20253 Mins Read

Retail Investors to Drive Half of Private Market Fundraising by 2027

June 6, 20255 Mins Read
Real Estate Smart Choice
Facebook X (Twitter) LinkedIn Pinterest
  • Home
  • News
  • Investing
  • Financing
  • Guides
  • Mortgage Calculator
  • Contact Us
© 2025 by Real Estate Smart Choice

Type above and press Enter to search. Press Esc to cancel.