Third times a charm if LA hosts the 2024 Olympics

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The Olympic motto of Citius, Altius, Fortius is displayed on a giant TV screen at the opening ceremony of the 1984 Olympics at the Coliseum in Los Angeles.

While other host cities go into staggering debt, LA made a profit. A look into the legacy of the 1932 and 1984 Olympics, and what 2024 could bring to the city.

If the 2024 Olympics come to the U.S., the games will come right here, to Los Angeles.

LA is one of five in the world competing to host the event - and the only US city in the running.

But this isn't LA's first rodeo, it hosted the 1932 and 1984 Olympiads and what those games said about the city is part of an ongoing series titled Third LA at Occidental College.

Take Two's Alex Cohen discusses LA's profound relationship with the Olympics with Los Angeles Times architecture critic Christopher Hawthorne and historian Frank Guridy.