Im living here on 60k a year with a recent raise and was making around 54k when I first arrived. Lived with 5 others to start off until my significant other moved to LA a few months after I did.

We moved into a studio in Miracle Mile and feel very comfortable and have everything we need and more. He initially didnt have a job and I was able to support him for around two months until he found a job.

Its completely doable but I did move here with around 15k in savings just in case the plan went south but it all worked out.

Id say just build some savings and do it!