San Fernando Valley
Hillside properties in Encino, high above the San Fernando Valley, have been highly coveted for many decades. Several neighborhoods in Encino house affluent celebrities seeking the breathtaking views and luxury residential homes that the area provides. Encino sits just west of another storied affluent area, Sherman Oaks, on the Ventura Blvd corridor.Encino is also one of the least dense areas in all of Los Angeles with 4,411 people per square mile. The area was first settled by the Spanish Portola expedition in 1769 when they traveled to the San Fernando Valley through the Sepulveda pass. Shortly after, Fray Juan Crespi explored with a Franciscan mission to a native village, what is now Los Encinos.
He named the valley, “The Valley of St. Catherine of Bononia of the Oaks “(El Valle de Santa Catalina de Bononia de Los Encinos). The name was later shortened to just “Oak” or Encino.Just some of the many notable residents of the past and present in Encino are Johnny Carson, Johnny Cash, Clark Gable, Ron Howard, Jackson family, Al Jolson, Lisa Kudrow, Tom Petty, Richard Pryor, Mickey Rooney, and John Wayne.
Sherman 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.
Studio City is a coveted community with a great history and some great neighborhoods with spectacular views of the San Fernando Valley. Studio City was named after the studio lot established by producer Mark Sennett in 1927–who began with just 20 acres. It is now currently called the CBS Studio Center.Studio City now sits between Hollywood and Sherman Oaks with many luxury residential communities. The land was originally part of Rancho Ex-Mission San Fernando and later known as Laurelwood. After changing hands many times, around the turn of the century, J. B. Lankershim and eight other developers who organized the Lankershim Ranch Land and Water Company began to develop the land. Yet, it then lost its water rights until the Los Angeles Aqueduct was built, and real estate boomed immediately afterwards. The remaining 47,500 acres were then acquired, and the town limits grew into what is now Studio City.According to the Mapping L.A. project of the Los Angeles Times, “Studio City is bordered on the north by Valley Village, on the east by Toluca Lake and Universal City, on the south by Hollywood Hills West, on the southwest by Beverly Crest and on the west by Sherman Oaks”. It has been the home for many past and present celebrities such as Gene Autry, George Clooney, Miley Cyrus, Zooey Deschanel, Zac Efron, Ryan Gosling, Neil Patrick Harris, Mila Kunis, Seth MacFarlane, William Shatner, and Sofía Vergara.