Investment Overview

Los Angeles, often referred to by its initials L.A., officially the City of Los Angeles, is the most populous city in the U.S. state of California. With roughly 3.9 million residents within the city limits as of 2020, Los Angeles is the second-most populous city in the United States, behind only New York City; it is the commercial, financial and cultural center of the Southern California region. Los Angeles has a Mediterranean climate, an ethnically and culturally diverse population, in addition to a sprawling metropolitan area. The majority of the city proper lies in a basin in Southern California adjacent to the Pacific Ocean in the west and extending partly through the Santa Monica Mountains and north into the San Fernando Valley, with the city bordering the San Gabriel Valley to its east. It covers about 469 square miles, and is the county seat of Los Angeles County, which is the most populous county in the United States with an estimated 9.86 million residents as of 2022. It is the third-most visited city in the U.S. with over 4.6 million visitors as of 2019. Los Angeles has a diverse economy with a broad range of industries, best known as the home of the Hollywood film industry. It also has one of the busiest container ports in the Americas. In 2018, the Los Angeles metropolitan area had a gross metropolitan product of over $1.0 trillion, making it the city with the third-largest GDP in the world.