safety
LA real estate agent will pay $20K and face probation in post-Eaton Fire rent hike case
By David Wagner at LAist (KPCC / Southern California Public Radio)
· July 9, 2026
· 3 min read
Altadena residents inspect their destroyed property after the Eaton Fire.(Brian Feinzimer / LAist)A real estate agent who calls himself “Mr La Cañada” has been sentenced after facing one of the first criminal price gouging charges filed in the wake of the fires last year in L.A. County.California...
Key takeaway California Attorney General Rob Bonta announced Thursday that Mike Kobeissi will face 12 months of probation, 100 days of community service, mandatory ethics training and a requirement to pay $20,000 to a disaster relief fund.
Why this matters in The Los Angeles
The sentencing of Mike Kobeissi, a real estate agent who raised rent by 38% after the Eaton Fire, sends a signal to landlords and property managers in Los Angeles County that price gouging will not be tolerated. This case highlights the vulnerability of displaced families in the aftermath of natural disasters, when they are most in need of affordable housing. The fact that Kobeissi was initially charged with violating the state's ban on post-disaster price gouging, but ultimately convicted of false advertising, raises questions about the effectiveness of the law in preventing such abuses. As the region continues to recover from the devastating fires, it is crucial that local authorities remain vigilant in enforcing regulations that protect tenants from exploitation. The $20,000 payment to a disaster relief fund is a step in the right direction, but it is also important to ensure that similar cases are thoroughly investigated and prosecuted to prevent future incidents of price gouging.
About this story
Original reporting by LAist (KPCC / Southern California Public Radio) . The Los Angeles surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: safety ·
Published: July 9, 2026 ·
Source: LAist (KPCC / Southern California Public Radio) ·
Reading time: 3 min
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What is this story about? Altadena residents inspect their destroyed property after the Eaton Fire.(Brian Feinzimer / LAist)A real estate agent who calls himself “Mr La Cañada” has been sentenced after facing one of the first criminal price gouging charges filed in the wake of the fires last year in L.A. County.California...
When was this published? This article was first published on July 9, 2026 by LAist (KPCC / Southern California Public Radio) and curated for The Los Angeles readers.
Who reported this story? This story was reported by David Wagner at LAist (KPCC / Southern California Public Radio). To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
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