Hi, I am a licensed Realtor in Malibu, California and it seems that every city in Los Angeles has been appreciating in value since after the crash. If you want a high end investment with the highest returns over time, and want to live somewhere nice and in demand, I would suggest Malibu, Downtown LA, Venice, Santa Monica, Encino, Westwood, Sherman Oaks. These cities are projected to continue appreciating at a rate highest in Los Angeles. If you'd like to spend less money, there are plenty of other options that would make worthwhile investments.
Reach out to me at http://www.KyleSellsLa.com
or call/text at 8182925282 and I'd love to help you find the best option
Have a wonderful Day