
The Los Angeles region is home to one of the largest retail sales markets in the United States, and second largest for international trade. The region also has the largest concentration of retail stores in the nation per capita. 2719-2723 W. Sunset is nearby wholesale and retail districts downtown, the boutique shops on Beverly and 3rd Street and the redeveloped Farmer’s Market at the Grove. Nearby the property in the Koreatown area there are several new developments including the Aroma Center on Wilshire, a $40 million spa, and the Koreatown Galleria Shopping Center, a three story mall with sixty-five shops.
LA is the entrepreneurial capital of the world because business, capital, government and organizations, work together to produce a climate for growth. As a result LA has about 210,000 small businesses, which is nearly twice as many as any other region in the country. At the same time, LA is also the international headquarters for many large corporations such as ARCO, The Walt Disney Company, Hughes electronics, Hilton Hotels, Mattel, Occidental Petroleum, Blue Cross, Health Net and Litton Industries.
Educational Options Higher and specialized education is a strength of Los Angeles County, with 159 college and university campuses. These range from California Institute of Technology, the Claremont Colleges, Mount Saint Mary’s University, Loyola University, UCLA, and USC, to specialized institutions such as the California Institute for the Arts, the Art Center College of Design, Institute of Computer Technology, and the Otis Art Institute. Medical education is also a strong point with medical schools, dental schools, and eye institutes, as well as specialized research and treatment centers such as City of Hope.