Here in the San Fernando Valley, it's be known that if you live South of Ventura Blvd, you're living in a wealthy community and you have money. There is an association attached to it and most people with money, prefer to live South of Ventura Blvd.
These are the words often heard:

I'm looking for a:
Studio City home South of the Blvd.
Sherman Oaks home South of the Blvd.
Encino home South of the Blvd.
Tarzana home South of the Blvd.
Woodland Hills home South of the Blvd.
I can't tell you how many times wealthy home-buyers have told me that they are not interested to live in a home north of Ventura Blvd. It's surprising, especially when there are beautiful neighborhoods a block or two north of Ventura Blvd.
Ventura Blvd is a well known street in the San Fernando Valley. This street stretches from Studio City to Woodland Hills. Homes prices south of the blvd sell for 20-30% more than homes priced north. That might sound crazy to have a home priced a lot more simply by being on the other side of the street. But it's in demand and people are willing to pay more.
Visit http://www.homes.la for a list of homes located South of Ventura Blvd.

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