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Sabina Sayegh

Sabina Sayegh

Residential
Income Property
12164 Ventura Blvd
Studio City, Ca. 91604
818.422.9595
CALBRE #00909908

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Valley Village - Homes For Sale

Valley Village is a district in the San Fernando Valley region of Los Angeles, California. The median age of its population, at 36, is "old for the city of Los Angeles." and its average household size of two people is low, compared to other parts of the city.

The 2.09-square-mile Valley Village lies north of Studio City, east of Sherman Oaks, and south/west of North Hollywood. It is bordered by the Ventura Freeway to the south, the Hollywood Freeway to the east, the Tujunga Wash to the west and Burbank Boulevard to the north. The district contains parts of the 91601 and 91607 ZIP code areas.

Rental units account for 68.7% of the occupied housing units, while ownership amounts to 31.3%.

History:

The community of Valley Village was formed in 1939 and was originally part of North Hollywood. A secession drive was established in 1991 to officially secede from North Hollywood, part of a precedent that swept through the San Fernando Valley beginning in the 1980s; urban blight was the main cause for many neighborhoods. Secession leaders stated that the move "was more than an attempt to boost property values, and it had nothing to do with ethnic demographics. It was one economic level seeking to have its own identity." Residents also cited historical precedent for the change in that the original 1939 articles of incorporation cited the name and inspired the Valley Village post office on Magnolia Boulevard. Valley Village was officially recognized as a separate community by the Los Angeles City Council in 1991.

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