Los Angeles is the largest city in the state of California as well as second largest in the United States. Los Angeles is rated an alpha world city, with an estimated population of 3.8 million. Gentrification and urban redevelopment have occurred in many parts of the city, most notably Koreatown, Silver Lake, Echo Park and Downtown. There are great deals in downtown Los Angeles right now, not only for residential real estate, but also for future development projects.
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