CCOMMERCIAL REAL ESTATE LOANS LOS ANGELES CA, (949) 354-2485 LOS ANGELES CA COMMERCIAL REAL ESTATE LOANS, COMMERCIAL REAL ESTATE LOANS IN LOS ANGELES CA, commercial real estate financing,
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COMMERCIAL REAL ESTATE LOANS LOS ANGELES CA
COMMERCIAL MORTGAGES LOS ANGELES CA
LOS ANGELES CALIFORNA
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We Do Great Commercial Lending!
"Commercial Real Estate
LOANS IN LOS ANGELES CA"

We Secure Financing Via SBA Loans, Commercial Real Estate Loans and C&I Loans. PREFERRED PROPERTY TYPES ARE OFFICE, INDUSTRIAL, RETAIL, MULTIFAMILY, MEDICAL AND SPECIAL PURPOSE

PURCHASE AND REFINANCING OPTIONS:
UP TO 10 YEARS FIXED RATE AND 30 YEAR AMORTIZATION

Thank you for your interest in our commercial real estate and small business lending products. Our loan officers have extensive experience in business development, finance, credit administration, policy writing, underwriting, special assets-commercial loan workouts, risk management and research & development. Our primary goal is to make sure that clients are 100% satisfied with the products and services that are delivered. We want our clients to have access to the most competitive rates and terms so that it achieves their financial goals.

The ideal client is a real estate investor or business owner who is in need of financing for the following reasons: purchase or refinance commercial real estate, equipment & machinery acquisition, working capital, business acquisition and debt refinance.    

When it’s time to make important real estate or financial decisions for your company we know that it can be stressful, complicated, expensive and overwhelming. Our mission is to make the financing process relatively painless, simple, cost effective and even enjoyable.

Common Commercial Real Estate (CCRE) originates commercial real estate and small business loans for investors and small business owners throughout California as well as nationwide. We provide investors and small business owners access to the most competitive financing through prominent national & regional banks, credit unions and private lenders.

For commercial real estate loans we can secure financing for purchases and refinances of existing loans up to $15,000,000. We will provide competitive loan products for a full range of properties, including apartments, retail/shopping centers, office, industrial, single-tenant net lease, medical and special purpose. Fixed interest rates are offered at the periods of 3 years, 5 years, 7 years and 10 years. Depending on the property type, loans can be amortized for up to 30 years. Some of the lenders that we work with offer low origination fees and no pre-payment penalties.

For small business owners, CCRE can secure revolving lines of credit (secured & unsecured) from $50,000 up to $2,000,000; equipment term loans up to $1,500,000; fixed rate commercial real estate loans up to $15,000,000; and SBA loans up to $5,000,000.

Is a commercial loan right for you?

*Commercial Loan Uses

Commercial Real Estate Purchase Commercial Real Estate Refinance
1031 Exchange
Business Acquisition
Business Expansion
Purchase Equipment
Lines of Credit
Long-Term Working Capital
Debt Refinance

WE MAKE LOANS ON PROPERTIES INCLUDING:

Retail
Apartments
Factories / Industrial
Shopping Centers
Office Buildings
Warehouses
Industrial
Mixed-Use / Single Use
Owner Occupied
Medical

Call Us Today (949) 354-2485

ABOUT COMMERCIAL MORTGAGES
COMMERCIAL MORTGAGES LOS ANGELES CA
LOS ANGELES CALIFORNA

A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, or redevelop commercial property.

Commercial mortgages are structured to meet the needs of the borrower and the lender. Key terms include the loan amount (sometimes referred to as "loan proceeds"), interest rate, term (sometimes referred to as the "maturity"), amortization schedule, and prepayment flexibility. Commercial mortgages are generally subject to extensive underwriting and due diligence prior to closing. The lender's underwriting process may include a financial review of the property and the property owner (or "sponsor"), as well as commissioning and review of various third-party reports, such as an appraisal.

There were $3.1 trillion of commercial and multifamily mortgages outstanding in the U.S. as of June 30, 2013. Of these mortgages, approximately 49% were held by banks, 18% were held by asset-backed trusts (issuers of CMBS), 12% were held by government-sponsored enterprises and Agency and GSE-backed mortgage pools, and 10% were held by life insurance companies.

Terms

Loan amount

The loan amount of a commercial mortgage is generally determined based on loan to value (LTV) and debt service coverage ratios, more fully discussed below in the section on underwriting standards.

Loan structure

Commercial mortgages can be structured as first liens or, if a greater loan amount is desired, the borrower may be able to obtain subordinate financing as well, sometimes structured as a mezzanine note or as preferred equity, which generally carries a higher interest rate.

Interest rate

Interest rates for commercial mortgages may be fixed-rate or floating rate. Fixed-rate mortgages on stabilized commercial real estate are generally priced based on a spread to swaps, with the swap spread matched to the term of the loan. Market interest rates as well as underwriting factors greatly affect the interest rate quoted on a particular piece of commercial real estate. Interest rates for commercial mortgages are usually higher than those for residential mortgages.

Fees

Many commercial mortgage lenders require an application fee or good-faith deposit, which is typically used by the lender to cover underwriting expenses such as an appraisal on the property. Commercial mortgages may also have origination or underwriting fees (paid at close as a reduction in loan proceeds) and/or exit fees (paid when the loan is repaid).

Term

The term of a commercial mortgage is generally between five and ten years for stabilized commercial properties with established cash flows (sometimes called "permanent loans"), and between one and three years for properties in transition, for example, newly opened properties or properties undergoing renovation or repositioning (sometimes called "bridge loans"). Mortgages on multifamily properties that are provided by a government-sponsored enterprise or government agency may have terms of thirty years or more. Some commercial mortgages may allow extensions if certain conditions are met, which may include payment of an extension fee. Some commercial mortgages have an "anticipated repayment date," which means that if the loan is not repaid by the anticipated repayment date, the loan is not in default.

Amortization

Commercial mortgages frequently amortize over the term of the loan, meaning the borrower pays both interest and principal over time, and the loan balance at the end of the term is less than the original loan amount. However, unlike residential mortgages, commercial mortgages generally do not fully amortize over the stated term, and therefore frequently end with a balloon payment of the remaining balance, which is often repaid by refinancing the property. Some commercial mortgages have an interest-only period at the beginning of the loan term during which time the borrower only pays interest.

Prepayment

Commercial loans vary in their prepayment terms, that is, whether or not a real estate investor is allowed to refinance the loan at will. Some portfolio lenders, such as banks and insurance companies, may allow prepayment flexibility. In contrast, for a borrower to prepay a conduit loan, the borrower will have to defease the bonds, by buying enough government bonds (treasuries) to provide the investors with the same amount of income as they would have had if the loan was still in place.

Borrower entity

A commercial mortgage is typically taken on by a special purpose entity such as a corporation or an LLC created specifically to own just the subject property, rather than by an individual or a larger business. This allows the lender to foreclose on the property in the event of default even if the borrower has gone into bankruptcy, that is, the entity is "bankruptcy remote".

Recourse

Commercial mortgages may be recourse or non-recourse. A recourse mortgage is supplemented by a general obligation of the borrower or a personal guarantee from the owner(s) of the property, which makes the debt payable in full even if foreclosure on the property does not satisfy the outstanding balance. A nonrecourse mortgage is secured only by the commercial property that serves as collateral. In an event of default, the creditor can foreclose on the property, but has no further claim against the borrower for any remaining deficiency.

If a sponsor is seeking financing on a portfolio of commercial real estate properties, rather than a single property, the sponsor may choose to take out a cross-collateralized loan, in which the all of the properties collateralize the loan.

Reserves

Lenders may require borrowers to establish reserves to fund specific items at closing, such as anticipated tenant improvement and leasing commission (TI/LC) expense, needed repair and capital expenditure expense, and interest reserves.

Underwriting

Underwriting metrics

Lenders usually require a minimum debt service coverage ratio which typically ranges from 1.1 to 1.4; the ratio is net cash flow (the income the property produces) over the debt service (mortgage payment). As an example if the owner of a shopping mall receives $300,000 per month from tenants, pays $50,000 per month in expenses, a lender will typically not give a loan that requires monthly payments above $227,273 (($300,000-$50,000)/1.1)), a 1.1 debt cover.

Lenders also look at loan to value (LTV). LTV is a mathematical calculation which expresses the amount of a mortgage as a percentage of the total appraised value. For instance, if a borrower wants $6,000,000 to purchase an office worth $10,000,000, the LTV ratio is $6,000,000/$10,000,000 or 60%. Commercial mortgage LTV's are typically between 55% and 70%, unlike residential mortgages which are typically 80% or above.

Lenders look at rents per square foot, cost per square foot and replacement cost per square foot. These metrics vary widely depending on the location and intended use of the property, but can be useful indications of the financial health of the real estate, as well as the likelihood of competitive new developments coming online.

Since the financial crisis, lenders have started to focus on a new metric, debt yield, to complement the debt service coverage ratio. Debt yield is defined as the net operating income (NOI) of a property divided by the amount of the mortgage.

Underwriting practices

Lenders typically do thorough extreme due diligence on a proposed commercial mortgage loan prior to funding the loan. Such due diligence often includes a site tour, a financial review, and due diligence on the property's sponsor and legal borrowing entity. Many lenders also commission and review third-party reports such as an appraisal, environmental report, engineering report, and background checks.

Providers of commercial mortgages

Banks

Banks, large and small, are traditional providers of commercial mortgages. According to the Federal Reserve, banks held $1.5 trillion of commercial mortgages on their books as of June 30, 2013.

Conduit lenders

Conduit lenders originate commercial mortgages and hold them as investments for a short period of time before securitizing the loans and selling CMBS secured by the underlying commercial mortgage loans. Conduit lenders include both banks and non-bank finance companies. Approximately $560 billion of commercial mortgages were held by issuers of CMBS as of June 30, 2013, according to the Federal Reserve.

Securitization of commercial mortgages in its current form began with the Resolution Trust Corporation's (or RTC's) commercial securitization program in 1992-1997. The RTC applied an approach similar to the one it had begun successfully using with residential mortgages, issuing multiple tranches of securities secured by diversified pools of commercial mortgage loans. Following the introduction of the securitization methods by the RTC, private banks began to originate loans specifically for the purpose of turning them into securities. These loans are typically structured to forbid prepayment beyond a specified amortization schedule. This makes the resultant securities more attractive to investors, because they know that the commercial mortgages will remain outstanding even if interest rates decline.

New CMBS issuance peaked in 2007 at $229 billion. Then, the subprime mortgage crisis and the resultant global financial crisis caused CMBS prices to fall dramatically, and new issuances of CMBS securities came to a virtual halt in 2008-2009. The market has begun to recover, with $12 billion in new issuance in 2010, $37 billion in new issuance in 2011, and $48 billion in new issuance in 2012.

Government agencies

Government-sponsored enterprises such as Fannie Mae and Freddie Mac, as well as government corporations such as Ginnie Mae, are active lenders for multifamily commercial real estate (that is, apartment buildings) in the United States. Approximately $390 billion of multifamily residential mortgages were held by government-sponsored enterprises or Agency and GSE-backed mortgage pools as of June 30, 2013, representing 12% of total commercial mortgages outstanding and 43% of multifamily commercial mortgages outstanding at that time.

Insurance companies

Insurance companies are active investors in commercial mortgages, and hold approximately $325 billion of commercial mortgages as of June 30, 2013.

Mortgage brokers

Mortgage brokers do not provide commercial mortgage loans, but are often used to obtain multiple quotes from different potential lenders and to manage the financing process.

Correspondent Lenders

Correspondent Lenders do not loan their own money, but provide front end services such as origination, underwriting, and loan servicing for lenders that utilize these types of companies. The correspondent often represents lenders in a particular geographic area.

References

  1. ^ a b c d e Board of Governors of the Federal Reserve. Z.1 Financial Accounts of the United States. Released September 25, 2013. Accessed November 5, 2013. pp. 104-105, tables L.219 and L.220.
  2. ^ FDIC. Managing the Crisis: The FDIC and RTC Experience. Chapter 16: Securitizations, pp. 417-423. Accessed December 12, 2013.
  3. ^ Commercial Mortgage Alert Market Statistics. U.S. CMBS Monthly Issuance. Click chart for backup and historical data. Accessed December 14, 2013.
  4. ^ a b Annual UK Property Transaction Statistics [PDF]. HM Revenue & Customs. 27 Jun 2014.
  5. ^ Masters, B and Hammond, E. Bank rules hit UK property developers. Financial Times. 16 Jan 2013.
  6. ^ Q4 2013 Credit Conditions Survey. Bank of England. 8 Jan 2014.
  7. ^ Financial Conduct Authority Handbook PERG 4.4.1. Accessed on 30 Apr 2015
  8. ^ What to expect when taking out a BTL mortgage. Homes 24. 15 Apr 2015
ABOUT LOS ANGELES CA
COMMERCIAL MORTGAGES LOS ANGELES CA
LOS ANGELES CALIFORNA
Los Angeles County, California
County
County of Los Angeles
LA Skyline Mountains2.jpg Venice, California Beach.jpg
Rodeo Drive Beverly Hills.jpg Santa Catalina NASA EO.jpg
Santa Monica Harbor.jpg Angelesnationalforest.jpg
Vasquez Rocks April 2005.jpg California Poppies1.jpg
Flag of Los Angeles County, California
Flag
Official seal of Los Angeles County, California
Seal
Nickname(s): "L.A. County"
Location of the county in California
Location of the county in California
California's location in the contiguous United States
California's location in the contiguous United States
Coordinates: 34°3'N 118°15'W? / ?34.050°N 118.250°W? / 34.050; -118.250Coordinates: 34°3'N 118°15'W? / ?34.050°N 118.250°W? / 34.050; -118.250
Country  United States of America
State

 California


Region Southern California
Metro area Greater Los Angeles Area
Formed February 18, 1850
Named for City of Los Angeles
County seat Los Angeles
Largest city Los Angeles
Incorporated cities 88
Government
 • Type Council–manager
 • Body Board of Supervisors
 • Board of Supervisors
 • Chief executive officer Sachi A. Hamai (interim)
Area
 • Total 4,751 sq mi (12,310 km2)
 • Land 4,058 sq mi (10,510 km2)
 • Water 693 sq mi (1,790 km2)
Highest elevation 10,068 ft (3,069 m)
Lowest elevation 0 ft (0 m)
Population (April 1, 2010)
 • Total 9,818,605
 • Estimate (2015) 10,170,292
 • Density 2,100/sq mi (800/km2)
Time zone Pacific Time Zone (UTC-8)
 • Summer (DST) Pacific Daylight Time (UTC-7)
ZIP codes 90001–90899, 91001–93599
Area codes 213, 310/424, 323, 562, 626, 661, 747/818, 909
FIPS code 06-037
GNIS feature ID 277283
Website www.lacounty.gov
Chamber of Commerce brochure, c. 1920

Los Angeles County, officially the County of Los Angeles, with a population of more than ten million people, is the most populous county in the United States. It has 88 incorporated cities and many unincorporated areas and at 4,083 square miles (10,570 km2) it is larger than the combined areas of the U.S. states of Delaware and Rhode Island. The county contains more than one quarter of all California residents and is one of the most ethnically diverse counties in the U.S. Its county seat is the city of Los Angeles, which is the second most populous city in the nation and the most populous that lies entirely in a single county.

History

Los Angeles County is one of the original counties of California, created at the time of statehood in 1850. The county originally included parts of what are now Kern, San Bernardino, Riverside and Orange counties. As the population increased, sections were split off to organize San Bernardino County in 1853, Kern County in 1866, and Orange County in 1889.

Geography

Los Angeles and adjacent counties

According to the U.S. Census Bureau, the county has an area of 4,751 square miles (12,310 km2), of which 4,058 square miles (10,510 km2) is land and 693 square miles (1,790 km2) (15%) is water. Los Angeles County borders 70 miles (110 km) of coast on the Pacific Ocean and encompasses mountain ranges, valleys, forests, islands, lakes, rivers, and desert. The Los Angeles River, Rio Hondo, the San Gabriel River and the Santa Clara River flow in Los Angeles County, while the primary mountain ranges are the Santa Monica Mountains and the San Gabriel Mountains. The western extent of the Mojave Desert begins in the Antelope Valley, in the northeastern part of the county. Most of the population of Los Angeles County is located in the south and southwest, with major population centers in the Los Angeles Basin, San Fernando Valley and San Gabriel Valley. Other population centers are found in the Santa Clarita Valley, Pomona Valley, Crescenta Valley and Antelope Valley.

The county is divided west-to-east by the San Gabriel Mountains, which are part of the Transverse Ranges of southern California, and are contained mostly within the Angeles National Forest. Most of the county's highest peaks are in the San Gabriel Mountains, including Mount San Antonio 10,068 feet (3,069 m)) at the Los Angeles-San Bernardino county lines, Mount Baden-Powell 9,399 feet (2,865 m), Mount Burnham 8,997 feet (2,742 m) and Mount Wilson 5,710 feet (1,740 m). Several lower mountains are in the northern, western,and southwestern parts of the county, including the San Emigdio Mountains, the southernmost part of Tehachapi Mountains and the Sierra Pelona Mountains.

Los Angeles County includes San Clemente Island and Santa Catalina Island, which are part of the Channel Islands archipelago off the Pacific Coast.

Lakes and reservoirs

Major divisions of the county

National protected areas

Demographics

Los Angeles County had a population of 9,818,605 in the 2010 United States Census. The racial makeup of Los Angeles County was 4,936,599 (50%) White, 1,346,865 (13.7%) Asian, 856,874 (9%) African American, 72,828 (0.7%) Native American, 26,094 (0.3%) Pacific Islander, 2,140,632 (21.8%) from other races, and 438,713 (4.5%) from two or more races.

Non-Hispanic whites numbered 2,728,321, or 28% of the population. Hispanic or Latino residents of any race numbered 4,687,889 (48%); 36% of Los Angeles County's population was of Mexican ancestry; 3.7% Salvadoran, and 2.2% Guatemalan heritage.

The county has a large population of Asians, being home to the largest concentration of immigrants who are Burmese, Cambodian, Chinese, Filipino, Indonesian, Korean, Sri Lankan, Taiwanese, and Thai in the world. The largest Asian groups of the 1,346,865 (13.7%) Asians in Los Angeles County are 4.0% Chinese, 3.3% Filipino, 2.2% Korean, 1.0% Japanese, 0.9% Vietnamese, 0.8% Indian, and 0.3% Cambodian.

Historical population
Census Pop.
1850 3,530
1860 11,333 221.0%
1870 15,309 35.1%
1880 33,381 118.0%
1890 101,454 203.9%
1900 170,298 67.9%
1910 504,131 196.0%
1920 936,455 85.8%
1930 2,208,492 135.8%
1940 2,785,643 26.1%
1950 4,151,687 49.0%
1960 6,038,771 45.5%
1970 7,041,980 16.6%
1980 7,477,421 6.2%
1990 8,863,164 18.5%
2000 9,519,338 7.4%
2010 9,818,605 3.1%
Est. 2015 10,170,292 3.6%
U.S. Decennial Census
1790–1960 1900–1990
1990–2000 2010–2015

Race and ancestry

Population, race, and income (2011)
Total population 9,787,747
  White 5,126,367 52.4%
  Black or African American 844,048 8.6%
  American Indian or Alaska Native 49,329 0.5%
  Asian 1,347,782 13.8%
  Native Hawaiian or other Pacific Islander 26,310 0.3%
  Some other race 2,064,759 21.1%
  Two or more races 329,152 3.4%
 Hispanic or Latino (of any race) 4,644,328 47.5%
Per capita income $27,954
Median household income $56,266
Median family income $62,595

The racial makeup of the county is 48.7% White, 11.0% African American, 0.8% Native American, 10.0% Asian, 0.3% Pacific Islander, 23.5% from other races, and 4.9% from two or more races. 44.6% of the population are Hispanic or Latino of any race. The largest European-American ancestry groups are German (6%), Irish (5%), English (4%) and Italian (3%). 45.9% of the population reported speaking only English at home; 37.9% spoke Spanish, 2.22% Tagalog, 2.0% Chinese, 1.9% Korean, and 1.87% Armenian.

The county has the largest Native American population of any county in the nation: according to the 2000 census, it has more than 153,550 people of indigenous descent, and most are from Latin America.

As estimated by the Public Policy Institute of California in 2008, Los Angeles County is home to more than one-third of California's illegal immigrants, who make up more than ten percent of the population.

2000

Map of Los Angeles County showing population density in 2000 by census tract

At the census of 2000, there were 9,519,338 people, 3,133,774 households, and 2,137,233 families residing in the county. The population density was 2,344 people per square mile (905/km²). There were 3,270,909 housing units at an average density of 806 per square mile (311/km²).

There were 3,133,774 households out of which 37% had children under the age of 18 living with them, 48% were married couples living together, 15% had a female householder with no husband present, and 32% were non-families. 25% of all households were made up of individuals and 7% had someone living alone who was 65 years of age or older. The average household size was 2.98 and the average family size was 3.61.

In the county the population was spread out with 28% under the age of 18, 10% from 18 to 24, 33% from 25 to 44, 19% from 45 to 64, and 10% who were 65 years of age or older. The median age was 32 years. For every 100 females there were 97.7 males. For every 100 females age 18 and over, there were 95.0 males.

Income

Percent of households with incomes above $150k across LA County census tracts.

The median income for a household in the county was $42,189, and the median income for a family was $46,452. Males had a median income of $36,299 versus $30,981 for females. The per capita income for the county was $20,683. There are 14.4% of families living below the poverty line and 17.9% of the population, including 24.2% of under 18 and 10.5% of those over 64. Los Angeles County has the highest number of millionaires of any county in the nation, totaling 261,081 households as of 2007.

The homeownership rate is 47.9%, and the median value for houses is $409,300. 42.2% of housing units are in multi-unit structures. Los Angeles County has the largest number of homeless people, with "48,000 people living on the streets, including 6,000 veterans."

Religion

In 2000, there were hundreds of Christian churches, 202 Jewish synagogues, 145 Buddhist temples, 48 Muslim mosques, 44 Bahai worship centers, 37 Hindu temples, 28 Tenrikyo churches and fellowships, 16 Shinto worship centers, and 14 Sikh gurdwaras in the county. The Los Angeles Archdiocese has approximately 5 million members and is the largest in the United States.

Law, government and politics

Government

The Government of Los Angeles County is defined and authorized under the California Constitution, California law and the Charter of the County of Los Angeles. Much of the Government of California is in practice the responsibility of local governments such as the Government of Los Angeles County.

The county's voters elect a governing five-member Los Angeles County Board of Supervisors. The small size of the board means each supervisor represents over 2 million people. The board operates in a legislative, executive, and quasi-judicial capacity. As a legislative authority, it can pass ordinances for the unincorporated areas (ordinances that affect the whole county, like posting of restaurant ratings, must be ratified by the individual city). As an executive body, it can tell the county departments what to do, and how to do it. As a quasi-judicial body, the Board is the final venue of appeal in the local planning process, and holds public hearings on various agenda items.

As of 2008, the Board of Supervisors oversees a $22.5 billion annual budget and approximately 100,000 employees. The county government is managed on a day-to-day basis by a Chief Executive Officer, William T Fujioka, and is organized into many departments, each of which is enormous in comparison to equivalent county-level (and even many state-level) departments anywhere else in the United States. Some of the larger or better-known departments include:

The Grand Avenue entrance of the Stanley Mosk Courthouse.
  • Los Angeles County Department of Consumer Affairs – offers consumers in the county a variety of services including: consumer and real estate counseling, mediation, and small claims counseling. The department also investigates: consumer complains, real estate fraud and identity theft issues.
  • Los Angeles County Department of Children and Family Services – administers foster care
  • Los Angeles County Fire Department – provides fire protection, suppression, and prevention as well as emergency medical services
  • Los Angeles County Department of Health Services – operates several county hospitals and a network of primary care clinics,
  • Los Angeles County Department of Public Health - administers public health programs including STD programs, smoking cessation, and restaurant inspection. In the majority of the county LACDPH puts letter grades relating to the food cleanliness and safety of a restaurant in the front window of restaurants.
  • Los Angeles County Department of Public Social Services – administers many federal and state welfare programs
  • Los Angeles County Department of Public Works – operates countywide flood control system, constructs and maintains roads in unincorporated areas
  • Los Angeles County District Attorney – prosecutes criminal suspects.
  • Los Angeles County Office of the Public Defender – Defends indigent people accused of criminal offenses.
  • Los Angeles County Probation Department
  • Los Angeles County Sheriff's Department – provides law enforcement services to unincorporated areas and cities that do not have their own police departments, and operates the county jails. The LASD is the largest county Sheriff's Department in the United States.

The Los Angeles County Metropolitan Transportation Authority, despite its name, is not a County department. Technically it is a state-mandated county transportation commission that also operates bus and rail.

Politics

Los Angeles County vote
by party in presidential elections
Year GOP DEM Others
2012 27.8% 885,333 69.7% 2,216,903 2.5% 78,831
2008 28.8% 956,425 69.2% 2,295,853 2.0% 65,970
2004 35.6% 1,076,225 63.2% 1,907,736 1.3% 39,319
2000 32.4% 871,930 63.5% 1,710,505 4.2% 112,719
1996 31.0% 746,544 59.3% 1,430,629 9.7% 233,841
1992 29.0% 799,607 52.5% 1,446,529 18.4% 507,267
1988 46.9% 1,239,716 51.9% 1,372,352 1.2% 32,603
1984 54.5% 1,424,113 44.4% 1,158,912 1.1% 29,889
1980 50.2% 1,224,533 40.2% 979,830 9.7% 235,822
1976 47.8% 1,174,926 49.7% 1,221,893 2.5% 62,258
1972 54.8% 1,549,717 42.0% 1,189,977 3.2% 90,676
1968 47.6% 1,266,480 46.0% 1,223,251 6.3% 168,251
1964 42.5% 1,161,067 57.4% 1,568,300 0.1% 1,551
1960 49.4% 1,302,661 50.2% 1,323,818 0.3% 8,020
1956 55.4% 1,260,206 44.3% 1,007,887 0.3% 7,331
1952 56.2% 1,278,407 42.7% 971,408 1.1% 24,725
1948 46.5% 804,232 47.0% 812,690 6.5% 112,160
1944 42.7% 666,441 56.8% 886,252 0.6% 8,871
1940 40.6% 574,266 58.1% 822,718 1.3% 18,285
1936 31.6% 357,401 67.0% 757,351 1.4% 15,663
1932 38.6% 373,738 57.2% 554,476 4.3% 41,380
1928 70.2% 513,526 28.7% 209,945 1.1% 7,830
1924 65.5% 299,675 7.3% 33,554 27.2% 124,228
1920 69.1% 178,117 21.6% 55,661 9.3% 23,992

Voter registration

Population and registered voters
Total population 9,787,747
  Registered voters 4,865,403 49.7%
    Democratic 2,486,479 51.1%
    Republican 1,048,507 21.6%
    Democratic–Republican spread +1,437,972 +29.5%
    Independent 109,055 2.2%
    Green 24,534 0.5%
    Libertarian 25,808 0.5%
    Peace and Freedom 24,950 0.5%
    Americans Elect 2,583 0.1%
    Other 262,180 5.4%
    No party preference 881,307 18.1%

Overview

Los Angeles County has voted for the Democratic candidate in most of the presidential elections in the past four decades, although it did vote twice for Dwight Eisenhower (1952, 1956), Richard Nixon (1968, 1972), and Ronald Reagan (1980, 1984) the latter two of whom were Californians. From 1920 to 1984 it was a bellwether county that always voted for the eventual national winner. It then has gone against the national popular vote winner in 1988 and 2004. In 2008 and 2012 approximately 69% of the electorate voted for Democrat Barack Obama.

In the United States House of Representatives, Los Angeles County is split between 18 congressional districts: In the California State Senate, Los Angeles County is split between 15 legislative districts: In the California State Assembly, Los Angeles County is split between 24 legislative districts:

On November 4, 2008, Los Angeles County was almost evenly split over Proposition 8 which amended the California Constitution to ban same-sex marriages. The county voted for the amendment 50.1% with a margin of 2,385 votes.

Legal system

The Los Angeles Superior Court, has jurisdiction over all cases arising under state law, while the U.S. District Court for the Central District of California hears all federal cases. Both are headquartered in a large cluster of government buildings in the city's Civic Center.

Historically, the courthouses were county-owned buildings that were maintained at county expense, which created significant friction since the trial court judges, as officials of the state government, had to lobby the county Board of Supervisors for facility renovations and upgrades. In turn, the state judiciary successfully persuaded the state Legislature to authorize the transfer of all courthouses to the state government in 2008 and 2009 (so that judges would have direct control over their own courthouses). Courthouse security is still provided by the county government under a contract with the state.

Unlike the largest city in the United States, New York City, all of the city of Los Angeles and most of its important suburbs are located within a single county. As a result, both the county superior court and the federal district court are respectively the busiest courts of their type in the nation.

Many celebrities like O. J. Simpson have been seen in Los Angeles courts. In 2003, the television show Extra (based in nearby Glendale) found itself running so many reports on the legal problems of local celebrities that it spun them off into a separate show, Celebrity Justice.

State cases are appealed to the Court of Appeal for the Second Appellate District, which is also headquartered in the Civic Center, and then to the California Supreme Court, which is headquartered in San Francisco but also hears argument in Los Angeles (again, in the Civic Center). Federal cases are appealed to the Court of Appeals for the Ninth Circuit, which hears them at its branch building in Pasadena. The court of last resort for federal cases is the U.S. Supreme Court in Washington, D.C.

Crime

The following table includes the number of incidents reported and the rate per 1,000 persons for each type of offense.

Cities by population and crime rates

Other statistics

Crime in 2008 (reported by the sheriff's office or police)

  • Assaults: 5452
  • Auto thefts: 7727
  • Burglaries: 5254
  • Murders: 568 (5.7 per 100,000)
  • Rapes: 582
  • Robberies: 2210
  • Thefts: 9682

Crime in 2013

  • Homicides: 386
  • Thefts: 54,971
  • Burglaries: 17,606
  • Car Thefts: 15,866
  • Robberies: 10,202
  • Violent Crimes: 20,318
  • Rapes: 843
  • Assaults: 8,976
  • Murders: 297

Economy

Los Angeles County is commonly associated with the entertainment industry; all six major film studios—Paramount Pictures, 21st Century Fox, Sony, Warner Bros., Universal Pictures, and Walt Disney Studios—are located within the county. Beyond motion picture and television program production, other major industries of Los Angeles County are international trade supported by the Port of Los Angeles and the Port of Long Beach, music recording and production, aerospace, and professional services such as law and medicine.

The following major companies have headquarters in Los Angeles County:

Education

The Los Angeles County Office of Education provides a supporting role for school districts in the area. The county office also operates two magnet schools, the International Polytechnic High School and Los Angeles County High School for the Arts. There are a number of private schools in the county, most notably those operated by the Los Angeles Archdiocese.

Colleges

Universities

Sites of interest

L.A. County Fair at dusk, 2008
Photo of the Los Angeles County Museum of Art during its 2005 Ancient Egypt exhibit.

The county's most visited park is Griffith Park, owned by the city of Los Angeles. The county is also known for the annual Rose Parade in Pasadena, the annual Los Angeles County Fair in Pomona, the Los Angeles County Museum of Art, the Los Angeles Zoo, the Natural History Museum of Los Angeles County, the La Brea Tar Pits, the Arboretum of Los Angeles, and two horse racetracks and two car racetracks (Pomona Raceway and Irwindale Speedway), also the RMS Queen Mary located in Long Beach, and the Long Beach Grand Prix, and miles of beaches—from Zuma to Cabrillo.

Venice Beach is a popular attraction where its Muscle Beach used to find throngs of tourists admiring "hardbodies". Today, it is more arts-centered. Santa Monica's pier is a well known tourist spot, famous for its ferris wheel and bumper car rides, which were featured in the introductory segment of the television sitcom Three's Company. Further north in Pacific Palisades one finds the beaches used in the television series Baywatch.[citation needed] The fabled Malibu, home of many a film or television star, lies west of it.

In the mountain, canyon, and desert areas one may find Vasquez Rocks Natural Area Park, where many old westerns were filmed. Mount Wilson Observatory in the San Gabriel Mountains is open for the public to view astronomical stars from its telescope, now computer-assisted. Many county residents find relaxation in water skiing and swimming at Castaic Lake Recreation Area – the county's largest park by area – as well as enjoying natural surroundings and starry nights at Saddleback Butte State Park in the eastern Antelope Valley – California State Parks' largest in area within the county. The California Poppy Reserve is located in the western Antelope Valley and shows off the State's flower in great quantity on its rolling hills every spring.

Museums

Entertainment

Music venues

Amusement parks

Other attractions

Other areas

Transportation

Major highways

Air

Los Angeles International Airport (LAX), located in the Westchester district, is the primary commercial airport for commercial airlines in the county and the Greater Los Angeles Area. LAX is operated by Los Angeles World Airports, an agency of the City of Los Angeles. Other important commercial airports in Los Angeles County include:

The following general aviation airports also are located in Los Angeles County:

County operated airports (Department of Public Works, Aviation Division)
City operated airports

Besides the non-flying Los Angeles Air Force Base in El Segundo, the U.S. Air Force has two airports in Los Angeles County:

Rail

Los Angeles is a major freight railroad transportation center, largely due to the large volumes of freight moving in and out of the county's port facilities. The ports are connected to the downtown rail yards and to the main lines of Union Pacific and Burlington Northern Santa Fe headed east via a grade-separated, freight rail corridor known as the Alameda Corridor.

Passenger rail service is provided in the county by Amtrak, Los Angeles Metro Rail and Metrolink.

Amtrak has the following intercity Amtrak service at Union Station in the city of Los Angeles.

Union Station is also the primary hub for Metrolink commuter rail, which serves much of the Greater Los Angeles Area.

Light rail, subway (heavy rail), and long-distance bus service are all provided by the Los Angeles County Metropolitan Transportation Authority (Metro).

Sea

The county's two main seaports are the Port of Los Angeles and the Port of Long Beach. Together they handle over a quarter of all container traffic entering the United States, making the complex the largest and most important port in the country, and the third-largest port in the world by shipping volume.

The Port of Los Angeles is the largest cruise ship center on the West Coast, handling more than 1 million passengers annually.

The Port of Long Beach is home to the Sea Launch program, which uses a floating launch platform to insert payloads into orbits that would be difficult to attain from existing land-based launch sites.

Ferries link the Catalina Island city of Avalon to the mainland.

Communities

Cities

There are 88 incorporated cities in Los Angeles County. According to the 2010 U.S. Census, the most populous are:

Unincorporated areas

Census designated places

Other communities

See: Los Angeles Almanac MAP: Unincorporated Areas and Communities of Los Angeles County

Population ranking

The population ranking of the following table is based on the 2010 census of Los Angeles County.

county seat

Rank City/Town/etc. Municipal type Population (2010 Census)
1 Los Angeles City 3,792,621
2 Long Beach City 462,257
3 Glendale City 191,719
4 Santa Clarita City 176,320
5 Lancaster City 156,633
6 Palmdale City 152,750
7 Pomona City 149,058
8 Torrance City 145,438
9 Pasadena City 137,122
10 East Los Angeles CDP 126,496
11 El Monte City 113,475
12 Downey City 111,772
13 Inglewood City 109,673
14 West Covina City 106,098
15 Norwalk City 105,549
16 Burbank City 103,340
17 Compton City 96,455
18 South Gate City 94,396
19 Carson City 91,714
20 Santa Monica City 89,736
21 Whittier City 85,331
22 Hawthorne City 84,293
23 Alhambra City 83,089
24 Lakewood City 80,048
25 Bellflower City 76,616
26 Baldwin Park City 75,390
27 Lynwood City 69,772
28 Redondo Beach City 66,748
29 Florence-Graham CDP 63,387
30 Pico Rivera City 62,942
31 Montebello City 62,500
32 Monterey Park City 60,269
33 Gardena City 58,829
34 Huntington Park City 58,114
35 South Whittier CDP 57,156
36 Arcadia City 56,364
37 Diamond Bar City 55,544
38 Paramount City 54,098
39 Hacienda Heights CDP 54,038
40 Rosemead City 53,764
41 Glendora City 50,073
42 Cerritos City 49,041
43 Rowland Heights CDP 48,993
44 La Mirada City 48,527
45 Covina City 47,796
46 Azusa City 46,361
47 Altadena CDP 42,777
48 Bell Gardens City 42,072
49 Rancho Palos Verdes City 41,643
50 La Puente City 39,816
51 San Gabriel City 39,718
52 Culver City City 38,883
53 Monrovia City 36,590
54 Willowbrook CDP 35,983
55 Temple City City 35,558
56 Bell City 35,477
57 Manhattan Beach City 35,135
58 Claremont City 34,926
59 West Hollywood City 34,399
60 Beverly Hills City 34,109
61 San Dimas City 33,371
62 Lawndale City 32,769
63 Westmont CDP 31,853
64 La Verne City 31,063
65 Walnut City 29,172
66 Maywood City 27,395
67 South Pasadena City 25,619
68 West Whittier-Los Nietos CDP 25,540
69 Cudahy City 23,805
70 San Fernando City 23,645
71 Calabasas City 23,058
72 Valinda CDP 22,822
73 Lennox CDP 22,753
74 West Puente Valley CDP 22,636
75 West Carson CDP 21,699
76 Duarte City 21,321
77 South San Jose Hills CDP 20,551
78 Agoura Hills City 20,330
79 Lomita City 20,256
80 La Cañada Flintridge City 20,246
81 South El Monte City 20,116
82 La Crescenta-Montrose CDP 19,653
83 Hermosa Beach City 19,506
84 Castaic CDP 19,015
85 Stevenson Ranch CDP 17,557
86 El Segundo CDP 16,654
87 Artesia City 16,522
88 Santa Fe Springs City 16,223
89 Walnut Park CDP 15,966
90 Vincent CDP 15,922
91 Avocado Heights CDP 15,411
92 East Rancho Dominguez CDP 15,135
93 East San Gabriel CDP 14,874
94 Hawaiian Gardens City 14,254
95 Palos Verdes Estates City 13,438
96 San Marino City 13,147
97 Commerce City 12,823
98 Malibu City 12,645
99 Lake Los Angeles CDP 12,328
100 Sun Village CDP 11,565
101 View Park-Windsor Hills CDP 11,075
102 Signal Hill City 11,016
103 Sierra Madre City 10,917
104 Quartz Hill CDP 10,912
105 Citrus CDP 10,866
106 Del Aire CDP 10,001
107 East Whittier (formerly East La Mirada until 2012) CDP 9,757
108 Charter Oak CDP 9,310
109 Marina del Rey CDP 8,866
110 West Athens CDP 8,729
111 Alondra Park CDP 8,592
112 Topanga CDP 8,289
113 Westlake Village City 8,270
114 South San Gabriel CDP 8,070
115 Rolling Hills Estates City 8,067
116 Acton CDP 7,596
117 South Monrovia Island CDP 6,777
118 Ladera Heights CDP 6,498
119 East Pasadena CDP 6,144
120 West Rancho Dominguez CDP 5,669
121 Mayflower Village CDP 5,515
122 La Habra Heights City 5,325
123 Avalon City 3,728
124 North El Monte CDP 3,723
125 Agua Dulce CDP 3,342
126 Rose Hills CDP 2,803
127 Val Verde CDP 2,468
128 Desert View Highlands CDP 2,360
129 San Pasqual CDP 2,041
130 Rolling Hills City 1,860
131 Hidden Hills City 1,856
132 Elizabeth Lake CDP 1,756
133 Leona Valley CDP 1,607
134 Irwindale City 1,422
135 Littlerock CDP 1,377
136 Hasley Canyon CDP 1,137
137 Bradbury City 1,048
138 Santa Susana (mostly in Ventura County) CDP 1,037
139 Green Valley CDP 1,027
140 Lake Hughes CDP 649
141 Industry City 219
142 Vernon City 112

See also

Notes

  1. ^ Percentage of registered voters with respect to total population. Percentages of party members with respect to registered voters follow.
  2. ^ Only larceny-theft cases involving property over $400 in value are reported as property crimes.

References

  1. ^ "Chronology". California State Association of Counties. Retrieved February 6, 2015. 
  2. ^ "Board of Supervisors". County of Los Angeles. Retrieved December 1, 2014. 
  3. ^ Mount San Antonio in the San Gabriel Mountains, on border with San Bernardino County.
  4. ^ Sea level at the Pacific Ocean.
  5. ^ a b "American Fact Finder - Results". United States Census Bureau. Retrieved April 7, 2015. 
  6. ^ "Los Angeles County". lacounty.gov. 
  7. ^ "Newsroom: Population: Census Bureau Releases State and County Data Depicting Nation's Population Ahead of 2010 Census". Census.gov. Retrieved August 23, 2012. 
  8. ^ Coy, Owen C.; Ph.D. (1923). California County Boundaries. Berkeley: California Historical Commission. p. 140. ASIN B000GRBCXG. 
  9. ^ "2010 Census Gazetteer Files". United States Census Bureau. August 22, 2012. Retrieved September 26, 2015. 
  10. ^ "Los Angeles County, California". State & County QuickFacts. U.S. Census Bureau. Retrieved December 18, 2011. 
  11. ^ "2010 Census P.L. 94-171 Summary File Data". United States Census Bureau. 
  12. ^ Trinidad, Elson (27 September 2013). "L.A. County is the Capital of Asian America". KCET. Retrieved 27 September 2013. 
  13. ^ "County Totals Dataset: Population, Population Change and Estimated Components of Population Change: April 1, 2010 to July 1, 2015". Retrieved July 2, 2016. 
  14. ^ "U.S. Decennial Census". United States Census Bureau. Retrieved September 26, 2015. 
  15. ^ "Historical Census Browser". University of Virginia Library. Retrieved September 26, 2015. 
  16. ^ Forstall, Richard L., ed. (March 27, 1995). "Population of Counties by Decennial Census: 1900 to 1990". United States Census Bureau. Retrieved September 26, 2015. 
  17. ^ "Census 2000 PHC-T-4. Ranking Tables for Counties: 1990 and 2000" (PDF). United States Census Bureau. April 2, 2001. Retrieved September 26, 2015. 
  18. ^ "State & County QuickFacts". United States Census Bureau. Retrieved April 4, 2016. 
  19. ^ a b c d e f g h i j U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates, Table B02001. American FactFinder. Retrieved October 26, 2013.
  20. ^ U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates, Table B03003. American FactFinder. Retrieved October 26, 2013.
  21. ^ U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates, Table B19301. American FactFinder. Retrieved October 21, 2013.
  22. ^ U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates, Table B19013. American FactFinder. Retrieved October 21, 2013.
  23. ^ U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates, Table B19113. American FactFinder. Retrieved October 21, 2013.
  24. ^ This included over 65,000 Arabs and 75,000 Iranian, who many people would not count as White (see 2000 Census fact sheet table). For a clear discussion of Arabs being counted as white, see Census.gov 014 at the Wayback Machine (archived December 30, 2007)
  25. ^ "Language Map Data Center". Mla.org. July 17, 2007. Retrieved August 23, 2012. 
  26. ^ Johnson, Hans; Hill, Laura (July 2011). "Illegal Immigration" (PDF). Publications. Public Policy Institute of California. Retrieved January 15, 2013. 
  27. ^ "American FactFinder". United States Census Bureau. Retrieved May 14, 2011. 
  28. ^ Frank, Robert (May 5, 2008). "California Boasts Most Millionaires". The Wall Street Journal. Retrieved September 29, 2011. 
  29. ^ Nagourney, Adam (December 12, 2010). "Los Angeles Confronts Homelessness Reputation". New York Times. Retrieved December 14, 2010. 
  30. ^ Selected Non-Christian Religious Traditions in Los Angeles County: 2000 Prolades.com
  31. ^ California Government Code § 23004
  32. ^ William T Fujioka, "Department Section," County of Los Angeles, Annual Report 2007-2008, 4.
  33. ^ a b c d e f g h i j k California Secretary of State. February 10, 2013 - Report of Registration. Retrieved October 31, 2013. Archived July 27, 2013, at the Wayback Machine.
  34. ^ "Counties by County and by District". California Citizens Redistricting Commission. Retrieved September 24, 2014. 
  35. ^ "Communities of Interest — County". California Citizens Redistricting Commission. Retrieved September 28, 2014. 
  36. ^ "Communities of Interest — County". California Citizens Redistricting Commission. Retrieved September 28, 2014. 
  37. ^ "Statement of Vote: 2008 General Election" Archived October 18, 2012, at the Wayback Machine.
  38. ^ A look at your Superior Court, Public Information Office, Los Angeles Superior Court
  39. ^ "LA Court". lasuperiorcourt.org. Archived from the original on February 19, 2009. 
  40. ^ a b c d e f g h i j Office of the Attorney General, Department of Justice, State of California. Table 11: Crimes – 2009. Retrieved November 14, 2013. Archived December 2, 2013, at the Wayback Machine.
  41. ^ a b c United States Department of Justice, Federal Bureau of Investigation. Crime in the United States, 2012, Table 8 (California). Retrieved November 14, 2013.
  42. ^ "City data – Los Angeles County, CA". analyzed data from numerous sources. Retrieved April 18, 2009. 
  43. ^ Kator, Zabi. "Is Security in Los Angeles getting better or worse". guardNOW Security Services. guardNOW Security Services. Retrieved August 28, 2013. 
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  45. ^ Encyclopedia.com, "Dole gets ready to turn first shovel of headquarters dirt: plans are set to go to Westlake Village City Council". (Dole Food Co. Inc. Los Angeles Business Journal. January 31, 1994. Retrieved on September 27, 2009. Archived January 18, 2012, at the Wayback Machine.
  46. ^ "Los Angeles County QuickFacts from the US Census Bureau". Quickfacts.census.gov. Retrieved August 23, 2012. 
  47. ^ Jon Gertner, "Playing Sim City for Real," New York Times Magazine, March 18, 2007
  48. ^ http://www.census.gov/2010census/

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