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Sherman Oaks

H.Sherman OaksSherman Oaks is a popular, family-friendly community centered around a grand shopping district, “The Village at Sherman Oaks”. Yet, just south of Ventura Blvd between Studio City and Encino, sits the real draw to the area: the luxury residential neighborhoods that litter the hills that boast stunning views of San Fernando Valley and privacy for celebrity homeowners.Sherman Oaks was developed in 1927 when Gen. Moses Hazeltine Sherman, a partner of the Los Angeles Suburban Homes Company, subdivided 1,000 acres of land. At that time, each acre was sold for $780.In the early 1990’s, several residences living in Chandlers Estates petitioned to redraw the boundaries from Coldwater Canyon to Van Nuys on the west, and Magnolia to Burbank to the north to allow their neighborhood to be within the limits of Sherman Oaks. Chandlers Estates was one of many throughout the years that wanted to attach themselves to the affluent community to increase their property value as opposed to being in Van Nuys.It worked. Sherman Oaks increased in size some 1,800 homes along Van Nuys Blvd to also include Magnolia Woods and other neighborhoods. The median home price lowered slightly, but many rich and famous continue to seek out the views in Sherman Oaks.

Some of the famed residents from the past and present in Sherman Oaks are Kristen Stewart, James Dean, Joseph Gordon-Levitt, Brian Grazer, Demi Lovato, Mary-Kate and Ashley Olsen, Tom Selleck, Paula Abdul, and Jennifer Aniston.