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SOUTHERN CALIFORNIA NEIGHBORHOOD PAGES
Click on the cities and neighborhoods below for descriptions of life in these Los Angeles areas.
In 1910, the Los Angeles Suburban Homes Co. purchased a large portion of the southeast Valley in anticipation of the Los Angeles Aqueduct development in 1913. Railroad tycoon Gen. Moses Hazeltine Sherman, who was also a partner in the Suburban Homes company, bought 1,000 acres for himself and in 1927 divided and sold the lots for $780 an acre.
Although the axis of downtown Sherman Oaks activity occurs at the intersection of Sepulveda and Ventura boulevards, where there are several high-rise commercial buildings and upscale restaurants, the corner is probably best known for its shopping mall, the Sherman Oaks Galleria. This mall is famous for being the original "Valley Girl" stomping grounds, a cultural archetype made famous by a 1983 Frank Zappa song and independent movie of the same name that were both "like totally hot."
Housing throughout the area has substantially risen in price over the last few years. While the median price for a single family home was $415,000 in 2002, it was $838,000 in March 2007, according to DataQuick Information Systems.
Although the areas south of Ventura Boulevard are generally considered more affluent, Long Ridge Estates and Dixie Canyon as well as the Sherman Oaks Hills and Royal Woods are considered to be the most desirable neighborhoods.
Long Ridge Estates is a partially flat, partially hilly area with '40s and '50s Spanish, Mediterranean and ranch houses that range in price from $1 million to $3 million. Sherman Oaks Hills features a variety of older and new homes, including some 6,000-square-foot gated homes. Prices here range from $995,000 to $3.9 million.
In Royal Woods, an estate neighborhood with large lots and mature landscaping, homes generally sell in the $1-million-to-$2-million range.
