Tenant Lawsuits Offer Rare Glimpse Into an L.A. Landlord’s

‘Cash for Keys’ Operation

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https://thelalocal.org/los-angeles-city/tenants-lawsuits-glimpse-into-la-landlords-cash-for-keys-capital-main-october-2026/

By Jack Ross for Capital & Main Originally published Oct. 12, 2026 Behind every door was a chance to make money. It was 2020, and Matt DeBoth and Angel Escobar were canvassing Koreatown, Highland Park and other gentrifying Los Angeles neighborhoods, trying to get tenants, mostly working-class immigrants, to give up some of the city’s most affordable apartments. Each time a tenant agreed, DeBoth later said in a deposition, he and Escobar could get a bonus of up to $1,000. They worked for K3 Holdings LLC, a landlord based in Beverly Hills, California, which was rapidly acquiring dozens of rent

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