Analysis of initial observations sky surveys has shown that the resulting p
hotometric catalogs, combined with far-red optical data, provide an extreme
ly effective method of finding isolated, very low-temperature objects in th
e general held. Follow-up observations have already identified more than 25
sources with temperatures cooler than the latest M dwarfs. A comparison wi
th detailed model predictions (Burrows & Sharp 1999) indicates that these L
dwarfs have effective temperatures between approximate to 2000 +/- 100 K a
nd 1500 +/- 100 K, while the available trigonometric parallax data place th
eir luminosities at between 10(-3.5) and 10. Those properties, together wit
h the detection of lithium in one-third of the objects, are consistent with
the majority having substellar masses. The mass function cannot be derived
directly, since only near-infrared photometry and spectral types are avail
able for most sources, but we can incorporate VLM/brown dwarf models in sim
ulations of the solar neighborhood population and constrain Psi(M) by compa
ring the predicted L dwarf surface densities and temperature distributions
against observations from the Deep Near-Infrared Survey (DENIS) and 2 Micro
n All-Sky Survey (2MASS) surveys. The data, although sparse, can be represe
nted by a power-law mass function, Psi(M) proportional to M-alpha, with 1 <
alpha < 2. Current results favor a value nearer the lower limit. If alpha
= 1.3, then the local space density of 0.075 > M/M-. > 0.01 brown dwarfs is
0.10 systems pc(-3). In that case, brown dwarfs are twice as common as mai
n-sequence stars but contribute no more than similar to 15% of the total ma
ss of the disk.