Los Angeles
Welcome to wonderous Los Angeles located in endlessly sunny Southern California, referred to by many as simply, L.A. The City of Los Angeles is probably best known as the entertainment capital of the world. It is a cultural mecca consisting of everything from shopping to celebrity where you are unlikely to be lost for something to do.
A playful nickname given to the city sometime in the ’70s is La, La, Land because of its reputation for fun, ignorant bliss, and for simply being just slightly “out of touch with reality.” Home to over 100 museums, it’s sure to satisfy the historian in all of us with The Getty, the Museum of Contemporary Art, Museum of Music and the Museum of Tolerance.
3,898,747
Population
$792,907
Median Home Value
$2,373/month
Average Rent
$62,142
Median Household Income
13/100
Crime Index
Living in San Francisco
If you are a sports fan of almost any kind, there are 12 major league professional sports teams to choose from including LA Lakers, LA Rams, LA Dodgers, and the LA Kings.
For those of you looking for a trill, you can visit one of their six world-famous amusement parks including Disneyland, Knotts Berry Farm, and Universal Studios.
Known for one of the worlds most luxurious three blocks of shopping, LA is home to “Rodeo Drive, Baby.,” to quote Julia Roberts in LA-based movie Pretty Woman. But you don’t have to be part of the rich or famous to indulge yourself in a little shopping with hundreds of options including The Grove, Hollywood, and Highland, or Santa Monica Place.
But Los Angeles would not be what it is today without its most famous attribute… Hollywood! Tourists from all over the world travel to this enchanting city with the hopes of getting just a glimpse of a movie star or famous socialite. Fame seekers move here for their chance at stardom. and everyone alike has their cameras ready to snap a picture of the words, Hollywood, set atop the local on top of Mount Lee in the heart of Hollywood.
Should you not be so lucky as to meet a celebrity in person, you can touch our toes to their name on the Walk of Fame, a collection of stars numbering more than 2,614 and growing.
You do not have to have the desire to be a celebrity to move to LA. There are countless other career opportunities like those presented in the expanding tech industry. Los Angeles is on the leading edge of several growth industries. L.A. County, with more than 87,000 jobs in the fashion industry, has surpassed New York’s fashion district workforce. The L.A. five-county area also has more than 700,000 people at work in health services/biomedical activities and 190,000 people in aerospace/technology.
Downtown L.A. is the largest government center outside of Washington, D.C. Los Angeles has the only remaining wooden lighthouse in the state (located in San Pedro’s Fermin Park) and the largest historic theater district on the National Register of Historic Places (located Downtown on Broadway).
Housing Market Trends
With 3,898,747 people, 1,383,869 houses or apartments, and a median cost of homes of $792,907, real estate costs in Los Angeles are among some of the highest in the nation, although house prices here don’t compare to real estate prices in the most expensive California communities.
Large apartment complexes or high rise apartments are the single most common housing type in Los Angeles, accounting for 46.78% of the city’s housing units. Other types of housing that are prevalent in Los Angeles include single-family detached homes ( 37.85%), duplexes, homes converted to apartments or other small apartment buildings ( 8.86%), and a few row houses and other attached homes ( 5.81%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
People in Los Angeles primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Los Angeles has a mixture of owner-occupied and renter-occupied housing.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America’s cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Los Angeles’s housing was primarily built during this period, from the ’40s through the ’60s. A full 41.31% of the city’s housing hails from this era. Other housing ages represented in Los Angeles include homes built between 1970-1999 ( 29.67%) and housing constructed before 1939 ( 20.26%). There’s also some housing in Los Angeles built between 2000 and later ( 8.76%).