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Los Angeles Real Estate - Los Angeles Homes For Sale
About Los Angeles, CA
Los Angeles, CA Spanish for "The Angels" is the most populous city in California and the second most populous in the United States, after New York City, with a population of over 3.9 million, on a land area of 498.3 square miles. It is the focal point of the larger Los Angeles-Long Beach-Riverside combined statistical area, which contains nearly 17.8 million people and which is one of the most populous metropolitan areas in the world and the second largest in the United States. Los Angeles is also the seat of Los Angeles County, the most populated and one of the most multicultural counties in the United States. The city's inhabitants are referred to as "Angelenos".
Los Angeles was founded on September 4, 1781 by Spanish governor Felipe de Neve. It became a part of Mexico in 1821 following the Mexican War of Independence. In 1848, at the end of the Mexican–American War, Los Angeles and the rest of California were purchased as part of the Treaty of Guadalupe Hidalgo, thereby becoming part of the United States. Los Angeles was incorporated as a municipality on April 4, 1850, five months before California achieved statehood.
Often known by its initials, LA, and nicknamed the City of Angels, Los Angeles is a world center of business, international trade, entertainment, culture, media, fashion, science, technology, and education. It is home to renowned institutions covering a broad range of professional and cultural fields, and is one of the most substantial economic engines within the United States.
Los Angeles has been ranked the third richest city and fifth most powerful and influential city in the world, behind only New York City in the United States. The Los Angeles combined statistical area (CSA) has a gross metropolitan product (GMP) of $831 billion (as of 2008), making it the third largest economic center in the world, after the Greater Tokyo Area and the New York metropolitan area. As the home base of Hollywood, it is known as the "Entertainment Capital of the World", leading the world in the creation of motion pictures, television production, video games, and recorded music. The importance of the entertainment business to the city has led many celebrities to call Los Angeles and its surrounding suburbs home. Los Angeles also hosted the 1932 and 1984 Summer Olympics. In addition, it is also home to renowned universities such as the University of Southern California and the University of California, Los Angeles. Los Angeles enjoys a Mediterranean climate, with an average of 35 days with measurable precipitation annually.
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Information for Los Angeles, CA
Population as of 2010: 3,946,361
Population growth since 2000: 6.85%
Median home cost: $400,360
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