Newspaper Page Text
SHOWN IN SALES
CONTINUED ACTIVITY IN BUSI
NESS PROPERTY )
MILLION DOLLAR CO. FORMED
To Handle Big Dead In City Holdings.
Transfers for Past Week
Indicate a Healthy
Continued activity In Los Angeles
business property Is shown by the
numerous transfers during the - past
week. Many of the leading realty
firms are Identified with the larger
transactions, aB noted below. ■
Members of the several agencies state
that the outlook for brisk movement In
business and residence property was
never brighter, and those firms that
handle tract property assert that they
anticipate a busy season. . ■ .
New Realty Firm
The Consolidated Realty company Is
anew organization founded with a cap
ital of U. 000.000. The company will
handle big propositions In Los JXn
geles realty. The directors of thjjfcom
pany are D. K. Trask, D.""*A. Ham
burger, J.: W." A. Off, J. J. Byrne, F.
K. Rule, J. T. Jones, W.P. James, L.
J. Christopher, J. H. Carson, E. P.
Clark and Simon Maler.
First Street Sale
t'The F. Schumacher lot on the north
sldeJ of First street, between Spring
1 : Brbiitd way, frontage 20 feet,
"^aeptlrflO feet, Improved with' a small
building occupied as a bird store, has
'been sold through North & Grasett to
I Dr. I R. Thomas for $23,000. The i new
owner will Improve the lot with a'mod
: fern four-story building. A good tenant
■ has been secured who has taken a lease
.for a long term.
Bought for Investment
, ; H; F. Vollmer has sold to Mrs. Kath
arine B. Bayer, through the C. J. Hey
\ ler, 1 company, ' the southeast corner of
and' Estrella streets. 62
3 feet on , Washington by ,166 feet on Es
rtrella • street; Improved with a nine
room dwelling; bought for an lnvest-
I ment; consideration $12,500. .
Big 3ala on Los Angeles Street .
■ On Los , Angeles street F. G. Holden
has sold to ■William DAclez a- lot, 40?
145 ' feet, oh the east side of Los An
1 geles street, : 134 north \>t First street;
•with a three-story brick
.block with erray sandstone front; con
sideration about $50,000..
i.- V; ' Fletcher Street Sale
./Recently the Western Realty syn
dicate sold to C. W. Spencer a lot, 60x
155 feet!: on the' east side of 'Fletcher
"street, 100 ■ feet south of Eleventh
"street ; consideration $10,000. Improve
ments nominal. «
Corner Lot Bpld ;♦'•"
/'Abraham I." Cohen and Joseph L.
Jonas have purchased from Mrs. M. L.
Ferguson, through Black Bros.-, and W.
B.', Merwln, ■ for • $51,000, the northwest
corner/of Seventh and Flower streets,
62 1-2 feet • on Seventh street by 115
feet on Flower. The Improvements of
nominal value are reserved by ' the
grantor, to be removed at a later date.
The purchasers will hold ( the property
as Tan"' Investment. The price . paid
to a little over $800 per foot.
; '-'Near Corner Sixth and Olive
-."■ One f of the. Important close-In sales
of 'the week was the transfer of the
R. : .A.' Grlffln lot, 60x}65 feet, fronting
...Choice Large LatsU] W^^o^^j ...Building Kestrictionsl
Occidental Park fc Shatto Place CopenhagenTra<ft
Fronting Occidental Boulevard —120 Feet Wide With Urge Lots Fronting on West. Sixth* Street, ■ located Cor; Wllshire ;^Myd:-^^TOifmtAwniie^
Parkway in center, planted and cared for by the Park ■■ - Vermont* Avenue, Juanita Avenue ; West of Westlake Park !r,! r ,' v:
.gSSS^eSa - BJSU£Stj3SS-«K Ju« w«. of W..tti. ; : P i rW; Go ou. .oour B^ch ;.- Ili^olSrS
lake Park and r extends from W. Sixth St to W. First St. Office. 2950 Wilshire Blvd., and make your selection. . tion. Go out to our Branch Office, 2950 Wilshire Blvd.
Branch Office for Westlake Lots 2950 WHshire Blyd; Show Property
Los Angeles Sunday Herald.
EXPANSION OF THE LOS ANGELES WHOLESALE DISTRICT
NEW BLOCK ON CENTRAL AYE.
Bernard Estate Building to Be Occu.
pled by Two Well Known Firms.
Ample Floor Space Is
C. A. Bernard, representing the Ber-
on Central park, on the west side of
Olive street, between Fifth and Sixth
streets, 120 feet north of Sixth street.
The consideration was $72,000, said to
be a very reasonable' valuation. The
purchasers were W. M. Dlxon and
seven 'associates, .who acquired the lot
as an Investment. The deal was closed
through Robert Marsh & Co. and I."M.
Etollingsworth & Co. Frontage for Im
provement In the vicinity' of -Central
park and around on Sixth street Is be
coming scarce. The erection of the
Auditorium block and the building to
occupy the Silent lot on the southwest
corner of Sixth and Hill streets will hot
fail to further enhance .the lvalue of
business lots In that quarter of , the
city. ;•' v ■;' .-..v.
On Hill Street
W..R.' Arnold has paid to, Ellen laii-i
Randall) Hewitt $25,000 for a lot 50x160
feet on the west side of Hill street, be
tween Tenth and Eleventh streets,
improved with a frame dwelling. ■■■'■;'■■.
■- Cash In Investments
The Althouse Bros.- report recent
sales of property as follows: .
O. Leuschner to George H. Rector,
an unimproved lot on the. north side of
Washington street, twenty-one feet
west of Cherry, 1 lot 62x175 feet, unim
proved; an Investment; consideration,
Alderson & Brown to A. Osenberg,
an unimproved lot on the west side of
La Salle . avenue, fifty feet south of
Thirtieth street, lot 60x150 feet. Mr.
Osenberg -will lmproye with '• a' fine
dwelling to cost $5000. Consideration,
$1050.. 1 :
West Ninth Street Heights company
to E. R. Broden.'an unimproved lot on
the west side of Normandie avenue,
nifty feet north of San Marino, street,
lot 60x128 feet, an Investment. Consid
G. ,L. Crenshaw to G. H. Berdlng, an
unimproved lot ' on the northeast cor
ner of Fifth avenue and Sixteenth
street, lot, 60x150, feet; an investment.
Consideration, $1200. . ,
LOS ANGELES, CAL., SUNDAY MORNING, AUGtfST 30, 1905.
nard estate, has Just completed 'the
erection of a large two-story brick and
concrete basement structure on : , the
west side of Central avenue, between
Second and Third streets, frontage 120
feet, depth 135 feet, the entire floor
space aggregating 46,000 square feet. .
■Before ground was broken the build
ing had been leased for a long term to
THE HAMBURGER TRACT
Invitation to Visit the New Addition
South of Hollywood
The Hamburger Realty and J Trust
company will hold a- reception today
at the company's residence tract in the
Hollywood district. , . ;
'-.'The tract lies one and one-half blocks
south of the Colgrove car line on Flora
avenue, and water has been piped to
every lot. . ■ . \
.•Within a. -few months the company
will r^begin the erection of the big de
partment on the ■ southwest cor
ner of Broadway and Eighth streets, to
be occupied by Hamburger & Sons. It
will \e a, seven-story block,' 'with 70,
786 square feet on each' fl?°r, or' & total
of 495,495 square feet of floor space.
GREATER LOS ANGELES
■-:■:'- COMING TO THE FRONT
/■The tracks of the'newMoneta' avenue'
car line as well as for the Fifty-third
Btreet extension and the poles and
wires for carrying power for same are
completed and cars will be running In
a few days. Work^will soon be com
menced,on the Fifty ; fpurth street cross
town extension 'and the railroad activity
in thfs part of the city Is attracting
many investors and homeseekers.
' The McCarthy company has recently
opened. up three new subdivisions, lots
in which are selling rapidly, sales dur
ing the past week aggregating, seventy
eight lots. - ; Many improvements of . a
permanent nature, such as oiled streets,
curbs, sidewalks, homes and buildings
are being made and these new streets
present a busy appearance.
RECENT TRANSFERS OF
I PROPERTY FOR INVESTMENT
■ GeorK* Drake Ruddy has ! sold to a
local Investor, through E. G. Robinson
and the C. J. Heyler company, the
northwest corner of Washington and
| Union avenue, forty-four feet on .Union
the Simon t. Levl •' company,' ; wholesale
produce and fancy grocery dealers, and.
the California Ddor^nd Sash company.
The north half of the building, 231-235,
wlll.be occupied: b'y f . the ::Slmori Levl
company, giving the 'firm 23,000 square
feet of space andthe largest exclusive
Wholesale produce 1 , house [In the city.
Fine offices will be fitted up for th?
avenue 'by 105 feet on * Washington
street. Improved with a two-story frame
dwelling. Consideration, $6500.
F. C. Stanford has purchased from
Elijah Workman the eight-room, two
story frame residence at 122 Boyle ave
nue, 'with lot 'looxl2o feet. 'The 'price
reported to have been paid was $10,000.
NORTHERN PEOPLE BUY
.; . ,:AT LAGRANDEBEACH
. La Grande Beach is .attracting the
attention of residents of San Fran
cisco, Sari j Jose, ' Stockton and Sacra
mento, who have purchased lots at the
new ; coast ; resort.' The Cjtolden State
Realty company has recel'Je'd a number
of personal letters from "those -"who
bought lots at' La Grande Beach; The
writers had visited .t he. 'beach. 'anA',. all
were so ".favorably impressed that r they
vpluntarlTy"; praise ' the resprjf . in ' glo}^- :
in^- terms 1 andl'advlse their.;frlends : to
make selections. The .company' will
have^ the*,: -new pavilion completed
within ten' days and the. work of grad
ing -axi^ foiling 'the . streets .Is being
pushed forward rapidly. .
FLATS ON MAIN STREET
; ... SOLD' AT HANDSOME FIGURE
! A. £i. Cheney and W. J. Doran have
sold to William M. Riley, through
Mines & Farish, a lot 60x140 on the
west side of Main street, sixty feet
north of Fifteenth street, Improved with
an- apartment house of four five-room
flats. Consideration, $25,000. Not long
ago the same property was sold for
WORK TO BEGIN AT ONCE
ON ALAMITOS BAY PAVILION
Robert Marsh stated yesterday that
the contract had Just been let for. the
Immediate erection of a handsome two
story pavilion to cost $16,000 at Alaml
tos Bay. The . building will stand ,on
Pier avenue at. i the*oqtean front adjoin
ing the pleasure ! pier. 1 Other equally
Important Improvements are planned
lor the bay resort.' ■■ .■•
company, I whose . officers are: Simon
Levl, president; Jay 8. . Jacobs, first
vice president ; Eugene Willard, second
vice president; Bernard Levl, secre
tary; Z. M. Cole,, treasurer. v The office
will have the only exclusive long-dis
tance telephone wire In the produce
district and the entire establishment
will possess * exceptional facilities for
handling the increasing business of the
I The California* Door and Bash com
pany will also possess fine . facilities
for their business.
This improvement indicates the high
class of permanent structures now be
ing erected in the vicinity of the Cen
tral market, and illustrates the expan
sion 'of the ' wholesale district, which
for many years has been c6nflned
largely to Los Angeles street.'. •
.', 54 th ."s^. . AiOROSS "TbWNf
t ■'■■'■ t : : : J : " ' t - ■'■' t ■"■'■■■.■ " <: .
9 54X11 § % STREET - £ - ELECTR*3 fc CAR Q "«« ; ■ d
g,^ . : | .. — _ g ___ _a — ~ j. — — — j
q g g ' a : 3 '.*-''■"" ;
LOW PRICES,^ EASY TERMS
Until the cTVloneta oAvenue car line is running take cTWaple Avenue car to" Fifty- Third street
One short block to our. branch office, Fifty-Third and Let us show you.
The McCarthy Company
■ Main Office in Our Own Building 203 North Broadway
Telephones— Home 8737-^-29098— 29121 Sunset, Red 1202; South 892
■; Watch Fifty-Fourth Street Across Town r"-.
Real Estate Section
V\N'Y\BV <^ V
n ' ■ «i ■W ■ a if U
h 47^ I 1 & ivl • ■
1 n.ir Price* W.* l iw ,^ s 1
■ &ttt« Go £ . . Ct\
;■• : X ■