- Median Home Value$942,800
- Median Household Income$62,162
This Valley enclave is known for its prosperous and sophisticated approach to suburbia. Nestled between Studio City and Encino, Sherman Oaks is also bordered by Van Nuys to the north and the Santa Monica Hills to the south. As the neighborhood includes a portion of the Santa Monica Mountains, it provides for a lower population density than most other areas in Los Angeles. Life here captures the essence of small-town convenience and peacefulness while remaining conveniently accessible to all the big city amenities Los Angeles has to offer. Nestled at the convergence of the 101 and 405 freeways, Sherman Oaks is an ideal neighborhood for families looking for slightly larger lots, excellent school districts and more affordable pricescan be found in West Los Angeles.
Once blanketed with orange groves, Sherman Oaks was conceived as a planned city in 1927 with an acre sold for $780 (I'll take it!), a far cry from the current median price of just under $1.4M (Q1/18). Today, the neighborhood is comprised of comfortable single-family homes, well-maintained apartments and condo, and in select pockets of the hillside areas off Mulholland Drive, magnificent estates with breathtaking views of the San Fernando Valley.
As the neighborhood has grown in its sophistication, it has likewise evolved its shopping and dining choices. Served by Westfield Fashion Square, the open-air Galleria, the Village at Sherman Oaks and a myriad of unique high-end retailers, hip boutiques and trendy eateries, residents are replete with dining and shopping choices and leisure venues and activities.
Similar to much of the southern San Fernando Valley, it is home to many who work in the entertainment industry. A micro downtown is flanked by high-rise office buildings along its main thoroughfare, Ventura Blvd which employs many in the financial industry.
Geographically, Sherman Oaks is split by Ventura Blvd, with properties on the north side mainly ranch and post-war architectural homes and on the south by quiet neighborhoods of a tree-lined street with views of the valley below.
Manicured landscapes and amenity-rich, Sherman Oaks offers all the comforts of suburban living; with a clean street, multiple parks and green spaces for comfortable living. Families and young professionals alike, enjoy an active outdoor lifestyle with public access to many soccer, basketball and baseball fields, running track and even a jogging route adjacent to the LA River. With access to the Santa Monica Mountains, hiking is also easily accessible to its residents via Dixie and Deervale-Stone Canyons.
The neighborhood was once a landmark for L.A. suburban and mall culture in the 1980s. The Sherman Oaks Galleria even served as the backdrop for several feature films, most notably, "Fast Times at Ridgemont High," "Terminator 2," and "Valley Girl." Historians believe the Valleyspeak sociolect can trace its origins in Sherman Oaks.
Though the mall culture still has roots in Sherman Oaks, the neighborhood has grown up in both sophistication and attitude. Now a congenial neighborhood with a smattering of hip cafes and boutiques, outdoor malls and walkable restaurants and bars, the city is a haven for young professions and families looking for a quiet haven with convenient and direct access to the rest of Los Angeles.
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The plethora of choices for shopping, restaurants and outdoor activities, coupled with its central location to almost everywhere in Los Angeles, lends Sherman Oaks to its current appeal to professional and families looking to separate themselves from the hustle and bustle of the city. Fashionable couples brunching after yoga or CrossFit or young families enjoying the weekly Famers Market; residents never need to leave their bubble to enjoy Southern California living.
What makes Sherman Oaks so alluring is its lush parks, green spaces and miles of hiking spaces, and its well-maintained recreational facilities and focus on the outdoors. A lovely piece of suburbia in the heart of the San Fernando Valley.
Sherman Oaks has many public and private schools in the area, including Kester Avenue Elementary, Sherman Oaks Elementary, Robert A. Millikan Middle School, and Notre Dame High School. Notre Dame is a notable private high school that has generated numerous famous alumni such as actress Kirsten Dunst, Actor Ed Begley Jr., and Pro Baseball Player Giancarlo Stanton.
Properties in Sherman Oaks
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3930 HOLLYLINE Avenue Sherman Oaks, CA 91423 $6,290,000
3846 SHERWOOD Place Sherman Oaks, CA 91423 $4,995,000
3915 ALOMAR Drive Sherman Oaks, CA 91423 $4,700,000
3708 ALOMAR Drive Sherman Oaks, CA 91423 $4,695,000
13280 VALLEY VISTA Boulevard Sherman Oaks, CA 91423 $4,550,000
3716 Alomar Drive Sherman Oaks, CA 91423 $4,250,000
3400 LONGRIDGE Terrace Sherman Oaks, CA 91423 $3,995,000
15670 Castlewoods Drive Sherman Oaks, CA 91403 $3,950,000
13475 RAND Drive Sherman Oaks, CA 91423 $3,700,000
4054 STONE CANYON Avenue Sherman Oaks, CA 91403 $3,499,000
14257 CHANDLER Sherman Oaks, CA 91401 $3,300,000
13808 WEDDINGTON Street Sherman Oaks, CA 91401 $3,295,000
3835 Alomar Drive Sherman Oaks, CA 91423 $3,250,000
5234 LEGHORN Avenue Sherman Oaks, CA 91401 $3,249,000
14673 DEERVALE Place Sherman Oaks, CA 91403 $3,188,000
14229 GREENLEAF Street Sherman Oaks, CA 91423 $2,995,000
14533 VALLEY VISTA Sherman Oaks, CA 91403 $2,995,000
3516 Dixie Canyon Place Sherman Oaks, CA 91423 $2,979,000
15362 Sutton Street Sherman Oaks, CA 91403 $2,950,000
14818 Round Valley Drive Sherman Oaks, CA 91403 $2,800,000
3940 Oakfield Drive Sherman Oaks, CA 91423 $2,798,000
4166 NAGLE Avenue Sherman Oaks, CA 91423 $2,779,000
3666 DIXIE CANYON Avenue Sherman Oaks, CA 91423 $2,699,000
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