Property Values Associated With City Name
In a similar move made by former North Hollywood neighborhoods that are now named Toluca Woods, West Toluca Lake, and Valley Village, a few Van Nuys neighborhoods have won approval the Los Angeles City Council to break off from Van Nuys and join the more upscale communities of Lake Balboa, Valley Glen and Sherman Oaks in an effort to raise their property values.
Read more about this topic: Van Nuys, Los Angeles
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