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City Mulholland is great now - it used to be terrible until they resurfaced it. Traffic and 35mph speed limits do apply though....
Malibu Mulholland is still fun, though getting a bit rough in places and the famous Snake remains closed after the fires a couple of years ago. The local swells have no interest in it reopening....sad.
Not a lot of fun riding around the city compared to London, though it is convenient.
I would move to LA only to have a road like that, among another dozen of reasons. Congratulations, BTW!