When looking at the entire West Coast, Los Angeles is considered the largest city. It is also the second-largest city in the entire United States. The homes located in this amazing city are known for their extremely luxurious nature. Los Angeles has great options for every kind of homeowner. Some of these options include lofts, luxury homes, condos, and newer homes as well. There are plenty of fun activities to explore when living in this amazing city. You can hike, bike, and go to the beach whenever you’re in the mood. Also, if you more so enjoy going out at night, the nightlife here will not disappoint.
The cost of living here is about average in comparison to the other cities located in Los Angeles County, but quite expensive compared to other homes throughout the rest of the country. The median price for a home here is about $1,029,000. This makes the average price per square foot about $785. The condos tend to be slightly less expensive than the luxury homes that are the most expensive options in this city.
Within the United States of America, Los Angeles is the second most populated city. Many people are attracted to this location because of the amazing weather the residents get to enjoy throughout the entire year. There is always plenty of sunshine to go around. Los Angeles is the entertainment capital of the world and the residents here know all to well about the comfortable and glamourous lifestyle associated with The City of Angels. About 18.7 million Angelinos live in this area and this number continues to increase as the years go on.
Los Angeles County covers a huge amount of land which comes out to be about 4,000 square miles. Contained within Los Angeles County are about 158 cities that support 114 different neighborhoods. Even though this county covers a lot of area, there is a very small amount of land available given the post-war housing boom took up most of the property that was open at the time. The suburban expansion has just continued to grow over the years so there is no longer a large ability to expand this area because most of Los Angeles County is already developed.
During the year 1781, “Los Pobladores” came to this area and set up camp in what is known today as downtown Los Angeles. “Los Pobladores” was a group of 44 Mexican settlers who needed a place to stay and made this area their home. During the late 1800s, many more people began to start coming to this area so the population of downtown Los Angeles began to rapidly expand. This bustling area soon gained the title of “Wall Street of the West” after it was the regional banking center for many years. Furthermore, the mid-20th century saw a terrible period of great economic hardship for this area given more residents started to move to the suburbs. Currently, downtown Los Angeles is continuing to regain its population and popularity. There are impressive amounts of people moving to this area every single year and millions of dollars continue to pour into this area for multiple projects. The combination of the broad development initiative as well as many luxurious houses being leased has become a nice economic addition to downtown Los Angeles.