Kotaku is reporting that their source has confirmed the rumors of GTA V being set in Los Angeles.

They were also told from multiple sources that there will be more than one playable character for Grand Theft Auto 5. This is not new to the Grand Theft Auto series as gamers were allowed to play as Niko Bellic, Johnny Klebitz or Luis Lopez in GTA IV (if you purchased the DLC’s).

Rockstar Games has not commented on this story concerning the setting and playable characters for GTA V.