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New Foreclosures August 2008

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Foreclosure Properties
Street/City/State/Zip Status Beds/Baths Amount
Pre-foreclosures 3 / 2 $7,009
Pre-foreclosures 4 / 2 $18,993
Pre-foreclosures 2 / 1 $544,185
Pre-foreclosures 7 / 5 $544,185
Pre-foreclosures 3 / 3 $62,610
Pre-foreclosures 3 / 2 $41,667
Pre-foreclosures NA / NA $14,102
Pre-foreclosures 3 / 3 $21,048
Foreclosure Auctions 6 / 1 $584,000
Foreclosure Auctions NA / NA $853,467
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California Trends JUL. YTD.
New Foreclosure Filings 72,285630,087
Foreclosure Sales 45,242253,187
Avg Sales Price $ 251,296$ 277,401
Total Savings 30 % 29 %
Fair
0% – 10%
Good
11% – 30%
Excellent
31% +
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Los Angeles, known as "L.A." or the "City of Angels," is the most populous city in the state of California and the second-most in the United States. The city has a population of 4 million people, spanning 498 square miles. The city is so geographically vast that it is best described as a sprawling mega-city.

Because of the vast size of Los Angeles, real estate investors, agents and home buyers interested in successfully locating foreclosure properties in Los Angeles need only look to RealtyTrac for all their foreclosure and real estate needs, including pre-foreclosure information, foreclosure auctions, bank-owned foreclosures, for sale by owner (FSBO), resale MLS homes, HUD foreclosure listings and new homes for sale. Consider pre-qualifying a foreclosure loan.

The neighborhoods of Los Angeles are categorized into larger regions, including Downtown Los Angeles, Hollywood, Mid-Wilshire, East Los Angeles, South Los Angeles, West Los Angeles, the Harbor Area and the San Fernando Valley.

Los Angeles is one of the world's most important centers of culture, science, technology, international trade, and higher education, and is home to numerous world-renowned institutions in a broad range of professional and cultural fields. Moreover, the city is a leading producer of popular entertainment — such as motion pictures, television, and recorded music — which forms the base of its international fame and global status.

Culturally, Los Angeles has one of the most diverse populations of any municipality anywhere. It has the second largest percentage of foreign-born citizens of any major U.S. city, after Miami. Los Angeles has a median household income of $36,687.

Top Searched Los Angeles Zip Codes
State Facts
  • State Population: 36,132,147
  • Households: 12,989,254
  • Median Home Price: $534,513
  • State Foreclosure Trend:
Top 5 Foreclosures States
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