At this point, rumors are circulating like crazy that Banksy is going to have an art show and that its going to be in LA. However, so far, its all just rumors.
But here is something suggesting an LA tie-in that is a bit more substantial. It appears that the stencil image Banksy used for the announcement for 'Better Out Than In' was taken from the 'Yonkers' music video from Tyler the Creator. Tyler and his crazy Odd Future homeboys are locally based right on Fairfax.
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It sure looks like the Banksy image was sourced from Tyler's video. This detail was noticed by 2soonjr from the Banksy forums.
Comparison pics and the actual vid below: