The most populous city in the state of California and the 2nd largest city in the U.S. after New York is the renowned City of Los Angeles. Los Angeles, or L.A., is the county seat of the county of the same name and is situated in sunny Southern California where it's known for its ethnic diversity, beautiful mediterranean climate and sprawling metropolis. Nestled in a large coastal basic, Los Angeles is surrounded by mountains on three sides, some of which reach up to and over 10,000 feet.
Los Angeles was originally home to the Tongva and Chumash but was claimed by Juan Rodriguez Cabrillo in 1542. L.A. was officially founded in 1781 and became part of the United States in 1848 when it was purchased as part of the Treaty of Guadalupe Hidalgo. Incorporated in 1850, Los Angeles became a state in the same year and experienced explosive growth with the discovery of oil. Los Angeles is nicknamed the City of Angels and is a global city with a diverse economy in culture, education, entertainment, fashion, media, medicine, research, science, sports, and technology. Los Angeles is home to a plethora of exceptional landmarks including the Hollywood Sign, Capitol Records, TCL Chinese Theatre, Griffith Observatory, Wilshire Grand Tower, Hollywood Bowl, Hollywood Boulevard, Dodger Stadium and Olvera Street, to name a few. Deemed the “Creative Capital of the World,” Los Angeles is home to an extraordinary number of actors, artists, dancers, filmmakers, musicians and writers.
This amazing city is divided into several areas including: the Crescenta Valley, Downtown Los Angeles, East Los Angeles, Greater Hollywood, the Harbor Area, Northeast Los Angeles, the San Fernando Valley, South Los Angeles, Westside and Wilshire. L.A. is also divided into over 80 districts and neighborhoods including: Bel Air, Beverly Crest, Beverlywood, Brentwood, Century City, Cheviot Hills, Del Rey, Hancock Park, Koreatown, Los Feliz, Marina Del Rey, Mid-City, Miracle Mile, Silver Lake, Westchester, and Westwood, among many others. Within Los Angeles’ many diverse communities you’ll find amazing real estate options with homes for sale of varying architectural styles, ages, sizes and locations. The average listing price for a single family home in L.A. is around $1.6 million, but there are expansive estates costing over $100 million as well. Condos and townhomes in L.A. top out around $25 million but have a more affordable average listing price of $692,100. Multi-family homes in Los Angeles top out around $14.3 million but have an average listing price around $1 million, while the few mobile homes for sale in L.A. top out at $899,900 and have an average listing price of $225,000.
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