About Los Angeles
Los Angeles isn’t only a major and renowned international city – it’s a place steeped in pop culture mythology. L.A. is as much a place as a state of mind. It can also be a tremendously invigorating and exciting place in which to live – even with its diabolical traffic and urban sprawl!
The city of Los Angeles is geographically huge, covering about 469 square miles. It encompasses no less than 80 districts and neighborhoods. L.A. has been ranked 6th in the Global Cities Index and 9th in the Global Economic Power Index. L.A. is global – in more ways than one.
Five Great Reasons to Live in Los Angeles
It’s the Climate, Baby
There is possibly no other global city anywhere in the world that boasts the year-round mild, gorgeous climate of Los Angeles. It’s seldom too hot, never too cold. It’s true what they say: you have to experience a winter in L.A. to appreciate just how good it is!
Silicon Beach Calling
The Bay Area might have the iconic Silicon Valley but Los Angeles has its own fast-growing Silicon Beach. It’s becoming a hub for IT innovation, with the likes of Google and Apple aggressively expanding in L.A.
City of Arts
L.A. is home to some of the finest museums in the U.S., including LACMA and Broad Museum. The Frank Gehry-designed Walt Disney Concert Hall is home to the L.A. Philharmonic, whilst world-class outdoor music concerts can be enjoyed at the famous Hollywood Bowl.
Say Hello, Griffith
Griffith Park is surely one of the most scenic and special urban parks of any major city. Scenic because of its trails and picnic areas. Special because of the world-famous Griffith Observatory and the vantage points the park offers for stunning views of the city – including the iconic Hollywood sign itself!
Just Eat
The food scene in Los Angeles is nothing short of amazing. Whatever your budget and whatever your craving, this city has it. From the ritziest restaurants and upmarket bistros to the best taco trucks and gourmet food stalls, it’s all there for the tasting.
Apartment Stats in Los Angeles:
The average apartment size in Los Angeles is 789 sq. ft, with a median price per square foot of $506, which is higher than the Los Angeles-Long Beach-Anaheim Metro average of $432. A median rental is $2,265 as of August 2018. Only 37% of residents own their home in L.A., making it a rental market, the sheer size and diversity of which makes much of the city an attractive investment option.
The Lowdown?
Los Angeles is its very own story and mythology – its appeal doesn’t need selling. It continues to offer some very appealing investment opportunities.
