Los Angeles ranks as the top choice in the U.S. for international real estate investors. A survey of global real estate investors has found that Los Angeles, in the midst of a building boom, is one of the top choices this year for buying developed commercial property. (Luis Sinco / Los Angeles Times) Roger Vincent Contact Reporter Los Angeles is in a sweet spot in its real estate cycle that will make it one of the top choices in the world for buying property this year, a new report says.The L.A. area ranked No. 1 in North America in a survey of global real estate investors who have a combined total of $1.7 trillion to spend on property in 2017. Top choice cities for investment in other regions were London and Sydney, Australia.