Valley Village is a great little neighborhood within California’s San Fernando Valley. It encompasses a 2.1 square mile area situated east of Sherman Oaks. A clean, safe, and quiet suburb with about 32,000 residents, it is a haven of small-town charm right in the middle of Los Angeles County. Niche ranks it among the
Top 40 Best Neighborhoods to live in Los Angeles. In 1994, the
Los Angeles Times called Valley Village an "area of upscale residences." Residents enjoy extremely easy access to Downtown, the West Side, Hollywood, various beaches, and more.
Valley Village boasts a variety of coffee shops, restaurants, markets, and small businesses along and around Laurel Canyon blvd and Magnolia Drive. Moreover, a few minutes east, in
North Hollywood, and 20 minutes south, in
Hollywood, one finds an enormous range of restaurants, bars, and assorted nightlife hotspots and Targets. Additionally, the
Studio City Farmer's Market, held on Sundays, and the
NoHo Farmer's Market, held on Saturdays, are only a short drive away. For all your shopping needs in one place, there is
NoHo West, a long-awaited retail and entertainment development. There are also many parks throughout the area.
Valley Village is ideally situated 3.5 miles northwest of
Universal Studios Hollywood and 5 miles north of celebrity hiking zone
Runyon Canyon. It is also close
Fryman Canyon,
Lake Hollywood, and
Chandler Bike Path. Outdoor aficionados in Valley Village can also explore trails, the observatory, botanical gardens, and more at
Griffith Park, which is 5 miles west. Nearby studios include CBS Studio Center, Universal Studios, Warner Bros, and Disney Studios.
It is also in close proximity to all of Southern California’s amusements and attractions, such as the
Los Angeles Arboretum,
The Huntington Library,
Disneyland, and the
Santa Monica Pier, just to name a few.
The Japanese Garden and
Lake Balboa are only a 12-minute drive west, making weekly visits easily accessible. Further attractions include the
Hollywood Sign,
The Getty,
Grauman's Chinese Theatre, the
Hollywood Walk of Fame, and the
Hollywood Bowl. When it comes to schools, Valley Village does not disappoint.
Colfax Charter Elementary School and
North Hollywood Senior High are both highly rated and sought-after local schools.
Valley Village Real Estate
The median home value in Valley Village is $950,000, more than triple the national $250,000 (roughly estimated). There is a wealth of
real estate available for sale.
Single family homes start at $675,00, with the most expensive listed for above $2 Million. Most homes list for above $1 Million. Meanwhile,
Valley Village condos and townhomes range from approximately $350,000 to over $900,000. Additionally, there are a few
multi-family homes below $1 million, and several more for above $1 Million.
A few lots remain available for those who prefer to build their own homes.
Many young professionals choose Valley Village to take advantage of commuting ease, whether via easy access to the 101, 170, and 405 freeways, or public transportation options. The Red Line from downtown Los Angeles ends and the Orange Line begins in nearby
North Hollywood with the Orange Line passing directly through Valley Village.
About 75% of residents in Valley Village rent their homes. The median rent in Valley Village is cited between $1,400 and $1,600, well above the national average of $975. Meanwhile, the average monthly apartment cost is $1,250 for a studio, $1,550 for one bedroom, $2,300 for two bedrooms, and $3,200 for three bedrooms.
