The City of Los Angeles Executive Summary

The City of Stars i.e. "Queen of Angels" - Los Angeles, is not only home to many great people, but also home to some of the best real estate investment opportunities in the entire coutry. The city of Los Angeles boasts as the # 2 largest city in the entire country.

LA is at the epicenter of all major business and commercial transactions in the United States. The city contains the world headquarters of top corporations such as Facebook, SPACEX, Walt Disney, Warner Brothers, Mattel Inc. and many other great firms. LA is also home to iconic sports franchises such as the Lakers & Dodgers.

A multitude of commercial city developments and re-developments are taking place in Atlanta that are sure to increase property values throughout the city – such developments include The - At Mateo, The Grand, The Reef, Circa, Ford Factory Building, Hotel Figueroa, The New Billion Dollar LA Rams and Chargers Stadium, Baldwin Hills - Crenshaw Plaza Redevelopment and so much more. Some other major developments to look out for in LA tha are taken place are infrastructural developments such as The Los Angeles StreetCar and The Regional Connector. These development projects are all estimated to drive in billions of dollars in revenue for the city, and drive an already thriving economy even more further up.

The most obvious reason for why LA is so popular because it is "Hollywood" - and the place were stars go to establish themselves and were the average person goes to become a star. It is well known as the entertainment capital of the entire country, boasting many major multi-million dollar movie production studios such as Walt Disney and Warner Brothers.

The city of Los Angeles historically has always been sold as the land of dreams and opportunity - and that still holds true today. The downtown area especially of the city has seen a revitalization and upswing of major investment activity and property values will continue to rise as a result of this increase in demand (and limited supply).

If you would like to invest and lay your stake into the booming Los Angeles real estate market, contact us today at 209.862.8526 or email us at info@atlcorealestate.com to learn more about how you can create financial security by investing in Atlanta real estate.

WHY INVEST IN REAL ESTATE? Click Here to Read More

Los Angeles Market Statistics

Los Angeles market trends indicate an increase of $83,000 (11%) in median home sales over the past year. The average price per square foot for this same period rose to $674, up from $609. (Source: TRULIA)

The median home value in Los Angeles County is $606,900. Los Angeles County home values have gone up 6.8% over the past year and Zillow predicts they will rise 5.8% within the next year. The median list price per square foot in Los Angeles County is $430, which is lower than the Los Angeles-Long Beach-Anaheim Metro average of $432. The median price of homes currently listed in Los Angeles County is $658,000 while the median price of homes that sold is $601,600. The median rent price in Los Angeles County is $3,162, which is lower than the Los Angeles-Long Beach-Anaheim Metro median of $3,200. (Source: Zillow)