Some of its famous residents have included James Dean, Jennifer Aniston, Marilyn Monroe, Stan Laurel and Oliver Hardy. It has also been referred to as the neighborhood of the Brady Bunch. Yes, Sherman Oaks is all this and more.
Many businesses call Sherman Oaks home. These include banks and brokerage houses. The Sunkist Growers cooperative, one of the largest and oldest in the US, has been a part of the Sherman Oaks community for almost 30 years.
Centrally located, Sherman Oaks is surrounded by Van Nuys to the north, Bel-Air and Beverly Hills to the south, Encino to the west, and Studio City to the east. It's also near the Los Angeles River, and Hollywood is just a short drive away. The Santa Monica Mountains, which lie to the south, are also easily accessible.
One of the first communities in San Fernando Valley to undergo thorough real estate development, the land where Sherman Oaks now stands was sold by owner Gen. Moses Sherman back in 1927 at the price of $780 an acre. Now, the median value of a Sherman Oaks home as of a year 2000 census is $458,000.
A community made up of affluent residents, Sherman Oaks is home to a number of high-end and high-profile fashion boutiques and upscale restaurants. This includes the Westfield Fashion Square which has more than 200 specialty stores. Sherman Oaks' elegant homes are also some of the most desirable locations in the Los Angeles County.
Thus Sherman Oaks real estate doesn't exactly come with a cheap price tag, but neither is it too pricey. If you invest in any piece of Sherman Oaks real estate, you will definitely get your money's worth as property values in the area are constantly on the rise. Seek advice from an expert real estate firm to help you locate your ideal Sherman Oaks home or commercial property.
For more information on Sherman Oaks real estate and Sherman Oaks asset management services, Contact William J. Haverly & Associates at 818-551-9000, or via email at info@billhaverly.com . Out-of-town callers are welcome to use the toll free number 888-600-5478.
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