LA is okay for it's bike culture. It isn't as big, or tight as NYC, perhaps, but there is a strong bike culture. Go here for some Urban bike events:
http://www.bikeboom.com/webcalendar/month.php
Also, a lot of bike events are centered around the Bicycle Kitchen:
http://www.bicyclekitchen.com
Otherwise, if you're in road cycling, there are plenty of rides around, many of them very competitive and hamerfests. Go here for more info on those:
http://socalcycling.com/
Plus, there are plenty of off-roading opportunities in the Santa Monica mountains or the Angeles National Forest.
http://www.socalmtb.com
If you decide to move, welcome!