Two Trader Joe’s Sherman Oaks locations are now open simultaneously, directly across the street from each other on Riverside Drive. If you drove by recently and did a double-take, you were not imagining things.
Same Hawaiian shirts. Same Fearless Flyer. Same impossible parking at both locations.
This is not a drill.
What Happened on Riverside Drive
The original Sherman Oaks Trader Joe’s at 14119 Riverside Drive has been a neighborhood institution for 52 years. It was literally the fifth Trader Joe’s ever opened. It has history, character, and checkout lines that have tested more than a few relationships.
Then, on June 6, 2025, a brand-new Trader Joe’s opened at 14140 Riverside Drive. Right across the street. Trader Joe’s even labeled the new one “Sherman Oaks too” on their website, which is either the most self-aware branding in grocery store history or a beautiful accident.
Either way, there are now two of them on the same block.
Why Did Trader Joe’s Do This?
The official answer from Trader Joe’s spokesperson Nakia Rohde: “Since Trader Joe’s began in 1967, we have been in growth mode. Our goal is always to bring delicious products at great values to as many people as we can.”
The more interesting answer: Sherman Oaks is exactly the kind of neighborhood that supports this. Dense enough to sustain two locations. Walkable enough that people actually use both. Desirable enough that a grocery chain with over 500 locations decided to double down here specifically.
That’s not a coincidence. That’s a neighborhood doing something right.
Old vs. New: What’s the Difference?
If you’re going to have two Trader Joe’s Sherman Oaks on the same block, you might as well know which one to pick.
The Original (14119 Riverside Drive):
The 5th Trader Joe’s ever opened. Been here 52 years. More cash registers. 3.5 stars on Yelp, which means it has earned its character. The old store renewed its lease and is not going anywhere anytime soon.
The New One (14140 Riverside Drive, “Sherman Oaks too”):
Opened June 6, 2025. 40% larger than the original. Bigger parking lot. 4.7 stars on Yelp (the new car smell is strong). The one that made the internet do a double-take.
Trader Joe’s has confirmed both locations will remain open. As one regular shopper told the Los Angeles Times: “If this location doesn’t have something I want, I walk over to the other location and get it.”
That’s not a problem. That’s a lifestyle.
What Two Trader Joe’s in Sherman Oaks Tells You About the Real Estate Market
Here’s the part that doesn’t show up on Zillow.
Walkability scores are useful. They don’t tell you that you’re a short walk from two Trader Joe’s Sherman Oaks locations on the same block, or that the Ventura Blvd corridor is right there, or that this specific pocket of Sherman Oaks is the kind of place people move into and stay for decades.
The fact that Trader Joe’s just bet on Sherman Oaks twice, on the same street, within 100 yards of itself, is a data point worth knowing. Grocery chains don’t open second locations in neighborhoods that aren’t thriving. The two Trader Joe’s Sherman Oaks situation is the clearest proof of that.
Sherman Oaks has always been one of the most livable zip codes in the San Fernando Valley. Good schools. Proximity to the Westside without the Westside price. A real neighborhood feel that a lot of LA tries to manufacture and never quite pulls off. The median sale price here runs around $1.4 million, with inventory under 2.5 months of supply, which means buyers compete for the homes that are worth having. If you’re thinking about selling a home in Sherman Oaks, this kind of neighborhood proof matters to buyers. The double Trader Joe’s situation is just the latest confirmation of what people who live here already know.
Frequently Asked Questions About the Two Sherman Oaks Trader Joe’s
Are there really two Trader Joe’s in Sherman Oaks?
Yes. Both are open and operating on Riverside Drive. The original location is at 14119 Riverside Drive. The new location, labeled “Sherman Oaks too” on the Trader Joe’s website, is at 14140 Riverside Drive directly across the street.
Why did Trader Joe’s open a second store right across from the first?
Sherman Oaks earned it. The neighborhood supported that original location for over 50 years, and the demand was there for something bigger. The new store at 14140 Riverside Drive is 40% larger, with more parking and a footprint that matches what the neighborhood has become. Trader Joe’s doesn’t double down on zip codes that aren’t worth it.
Is the original Sherman Oaks Trader Joe’s closing?
No. Trader Joe’s has confirmed both locations will remain open. The original store renewed its lease and is expected to stay operating for at least several more years.
What is the difference between the two Sherman Oaks Trader Joe’s locations?
The new store (14140 Riverside Drive) is larger with a bigger parking lot. The original (14119 Riverside Drive) has more cash registers and 52 years of neighborhood history. Both carry the same products.
Is Sherman Oaks a good place to live?
Consistently one of the best neighborhoods in the San Fernando Valley. Strong walkability along Ventura Blvd and Riverside Drive, solid schools, easy access to the 101 and 405, and now two Trader Joe’s Sherman Oaks locations within 100 yards of each other. The market reflects it.
Which Sherman Oaks Trader Joe’s is better?
The new one is bigger and has better parking. The original has more checkout lanes and decades of neighborhood loyalty. Most locals use both. You’ll figure out your preference within the first two trips.
Thinking About Buying or Selling in Sherman Oaks?
This is the kind of neighborhood detail that matters when you actually live somewhere. Two Trader Joe’s on the same block isn’t just a fun story. It’s a signal about what kind of neighborhood Sherman Oaks is and where it’s headed.
I’ve been working this market for nearly a decade. Studio City, Sherman Oaks, the Valley. I know what two Trader Joe’s Sherman Oaks means for a neighborhood’s long-term value. From the first handshake to the final signature, I know this neighborhood at street level, not from a satellite view. Whether you’re buying or selling a home in Sherman Oaks, let’s talk about what your next move looks like.
Ready to get started? Connect with Joey here.
Joey Rockenstein | Coldwell Banker Realty | REALTOR® | DRE #02027987
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