TLDR: We should know more by September, but La Niña is expected to continue, with chances for La Niña gradually decreasing from 86% in the coming season to 60% during December-February 2022-23 – NOAA
From SFist: The impacts of La Niña cycles are not as easy to predict for SoCal because we are between two geographies of predictable abnormality — higher than average rainfall in the Pacific Northwest, and lower than average rainfall in SoCal and the Southwest. – SFist
The last two years have been relatively dry in SoCal
Snowpack up in Mammoth and Tahoe is another unknown. In 2021, we saw a ton of snow in December snow, but because of the super dry February and a warm March, it left the Sierra snowpack at 38% of normal by April.
More technical details from NOAA:
During the past month, below-average sea surface temperatures (SSTs) expanded across the central and eastern equatorial Pacific Ocean [Fig. 1]. The weekly Niño indices indicated renewed cooling, with the latest Niño-3.4 and Niño-4 indices reaching -1.0°C [Fig. 2]. Subsurface temperature anomalies also decreased rapidly in the past month [Fig. 3], reflecting the reemergence of below-average subsurface temperatures across the east-central Pacific Ocean due to an upwelling Kelvin wave propagating eastward [Fig. 4]. Low-level easterly wind anomalies and upper-level westerly wind anomalies persisted across most of the equatorial Pacific. Convection and rainfall remained suppressed over the western and central tropical Pacific and enhanced over Indonesia [Fig. 5]. Overall, the coupled ocean-atmosphere system remained consistent with an ongoing La Niña.
There is also a weekly presentation that outlines their research here
La Nina precipitation anomalies