Actually it is not. Sorry to say that.
Results of the 2007 Homeless Count Report ( 2007??)
The Numbers
On any given day, there are an estimated 68,608 homeless people throughout the Los Angeles CoC.
Approximately 15% of these, or 10,100 are children under the age of 18.
An additional 5,094 homeless people counted in the cities of Pasadena, Glendale, and Long Beach (distinct separate Continuums in Los Angeles County) increase the estimated homeless population for the entire County of Los Angeles at a point in time to 73,702.
Annualized Numbers
Based on the Department of Housing and Urban Development's protocols, an estimated 141,737 homeless people in the Los Angeles CoC experience homelessness sometime during the year. This annual estimate of homelessness represents approximately 1.5% of Los Angeles CoC's total population.
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http://www.lahsa.org/2007homelesscountreport.asp