Some neighbors on Natick Street in North Sherman Oaks launched their own Free LIttle Library today with a neighborhood event complete with lemonade and cookie stand with proceeds going towards charity. Little Free Library is an international idea that has been out there for a while. Basically it is leave a book/take a book sharing for your local area. It is a great part of any community, promoting literacy, and neighborly interaction.
For more information, pre-build libraries and plans to build your own, you can visit the Little Free Library website.