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LOS ANGELES REFINANCE - MORTGAGE REFINANCING - LOAN REFI
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"City of Angels"
Los Angeles is a city in Los Angeles County.
The community is in the Pacific Standard time zone.
The latitude of Los Angeles is 34.052N. The longitude is -118.242W.
The estimated population, in 2003, was 3,819,951.
Los Angeles is on the Pacific Coast
Originally a Spanish settlement known as "Reina de los Angeles" or "Queen of the Angels"
Explorer Gaspar de Portolá, sent out to establish missions in northern California, camped here in 1769. Early settlers faced the obstacles of isolation, poor harbors and lack of water.
In the mid-1800s, Los Angeles was a rough cow town, with frequent violence between Anglos and Mexicans. Development quickened with completion of the Southern Pacific rail line in 1872.
The local economy developed in bursts, with cattle, real estate, citrus, oil, autos, movies, aircraft and the military.
Voters defeated measures in 2002 that would have allowed San Fernando Valley and Hollywood to secede from the city of Los Angeles
Census 2000 highlights: Second largest city in the U.S., by population; city with the fifth largest population growth in the 1990s (209,321 people)
Population 2000: 3,694,820
Metro area: Los Angeles-Long Beach
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LOS ANGELES
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CA |
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US |
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HOUSING UNITS |
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Number |
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Number |
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Number |
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| Total housing units |
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1,337,668 |
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RENTER-OCCUPIED HOUSING UNITS |
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Number |
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Pct |
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Pct |
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Pct |
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| Renter-occupied housing units |
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783,522 |
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58.6 |
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40.6 |
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30.8 |
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Number |
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Number |
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Number |
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| Average number of household members |
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2.73 |
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2.78 |
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2.36 |
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| Average number of rooms |
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2.94 |
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3.56 |
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4.04 |
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| Average number of vehicles |
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1.14 |
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1.33 |
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1.19 |
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| Median year structure was built |
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1964 |
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1969 |
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1969 |
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| Median year householder moved in |
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1997 |
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1998 |
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1998 |
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| Median rent ($) |
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612 |
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677 |
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519 |
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| Median rent asked for vacant units ($) |
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603 |
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621 |
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469 |
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Number |
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Pct |
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Pct |
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Pct |
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| Rent includes utilities |
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97,825 |
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12.5 |
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10.9 |
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16.5 |
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Number |
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Number |
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Number |
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| Rent as a pct of household revenue |
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29.1 |
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27.7 |
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25.5 |
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OWNER-OCCUPIED HOUSING UNITS |
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Number |
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Pct |
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Pct |
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Pct |
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| Owner-occupied housing units |
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491,836 |
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36.8 |
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53.6 |
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60.2 |
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Number |
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Number |
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Number |
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| Average number of household members |
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3.00 |
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2.95 |
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2.71 |
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| Average number of rooms |
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5.57 |
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5.87 |
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6.30 |
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| Average number of vehicles |
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2.68 |
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1.85 |
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1.64 |
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| Median year structure was built |
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1956 |
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1971 |
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1971 |
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| Median year householder moved in |
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1988 |
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1991 |
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1991 |
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| Median value ($) |
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215,600 |
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198,900 |
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111,800 |
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Number |
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Pct |
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Pct |
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Pct |
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| With mortgage or contract to purchase |
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317,808 |
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64.6 |
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66.7 |
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55.4 |
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| With second mortgage, equity loan |
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74,216 |
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15.1 |
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16.7 |
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12.7 |
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Number |
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Number |
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Number |
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| Median price asked for vacant housing ($) |
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173,300 |
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151,900 |
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89,600 |
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| Monthly cost, with mortgage ($) |
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1,598 |
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1,478 |
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1,088 |
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| Monthly cost, without mortgage ($) |
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339 |
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305 |
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295 |
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Refinancing Your Mortgage? Need Cash?
We help people refinance out of higher interest rate loans into 30 fixed interest rate loans or
low adjustable interest rate loans.
Great Rate!
Fast and Easy Process.
Flexible Refinancing Options.
All Credit Types Welcome.
Apply online below. No Obligation!
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Refinancing Your Mortgage? Need Cash?
We help people refinance out of higher interest rate loans into 30 fixed interest rate loans or
low adjustable interest rate loans.
Great Rate!
Fast and Easy Process.
Flexible Refinancing Options.
All Credit Types Welcome.
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Home mortgages subject to credit review and approval