Performance indicators for the Sherman Oaks short-term rental market based on reliable data.
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Reliable / Active
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Middle-Earners Revenue
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Middle-Earners Occupancy
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Top-Earners Revenue
Generally Investor friendly
STRs are permitted in most residential zones but limited to the host’s primary residence, with a 120‑night cap per year (Extended Home‑Sharing permit needed to exceed it), 14% TOT, and active registration/renewal and enforcement (online complaints, hotline, fines). The process is clear and manageable, but the cap and primary‑residence rule are notable constraints.
Sherman Oaks is a suburban neighborhood located in the San Fernando Valley region of Los Angeles, California. As of the latest census, Sherman Oaks has a population of approximately 65,000 residents. The neighborhood is about 16 miles northwest of Downtown Los Angeles, making it relatively close to a major urban center while offering a more laid-back environment.
Sherman Oaks appeals to visitors with its mix of urban amenities and suburban charm. It is known for its vibrant shopping and dining scenes, notably along Ventura Boulevard, which features a variety of boutiques, restaurants, and cafes. One of the key highlights is the Sherman Oaks Galleria, a popular shopping mall that also houses a cinema and various dining options.
Outdoor enthusiasts may enjoy the Van Nuys/Sherman Oaks Recreation Center, which provides sports facilities, playgrounds, and picnic areas. Additionally, the neighborhood is close to the picturesque Getty Center (https://www.getty.edu/visit/center/)) and the Griffith Observatory (https://griffithobservatory.org/),,) both of which are significant landmarks in the greater Los Angeles area.
Given its proximity to major highways and its residential appeal, Sherman Oaks is an attractive option for short-term rentals. It offers a quieter lifestyle while still providing easy access to the attractions and jobs in Los Angeles. This balance makes it a desirable location for visitors looking to experience both the hustle of Los Angeles and the tranquility of a suburban neighborhood.
