Los Angeles herald. [microfilm reel], March 13, 1910, Page 3, Image 15

About Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911

Image provided by: University of California, Riverside; Riverside, CA

                
PART II
NEW FOOTHILL TRACT
IN WEST HOLLYWOOD
INVESTOR SELLS 108 ACRES
FOR $260,000
Sightly Property Has Frontage of One-
Half Mile on Sunset Boulevard.
Syndicate Plans to Open
New Subdivision
A. h. Schriver has sold 108 acrei i»
West Hollywood to A. 8. Spauldlng and
a syndicate of local capitalists repre
sented by Wilbur O. Dow for a total
consideration of $260,000.
Tim property baa a frontage of one
half mile on Bumet boulevard, and «■
tends from Crescent Heights tract on
the west to Gardner street on the east,
und from Bnnaei boulevard on the
north to Santa Monica avenue- on the
KUth.
il is the largest single holding yet
unsubdivlded that is feasible for sub
division purpoHcs In the Hollywood dis
trict, and i« exceeded in slse only in mi
the territory north of Adams street b?
tho property or the Windsor Bquare
I_and company and the i.a Brea ran
tho. it will be subdivided .it once and
placed on tin- market, under the man
agement of tho Dow-Bmitb company
and Floyd F. T.,cwis.
Improvements approximating sen.ooo
will bt commenced ai once and prose
cuted without cessation to completion.
High-class building restrictions \\ ni be
enforced, and shade trees will bo plant
en throughout the entire tract,
A Systran or ornamental street slight
ing for Bunset boulevard, from Oar
den itreet west to Laurel canyon, has
i., , v pro 10 ed and is looked upon with
mm ii favor by the new owners.
Every car k"'"^ through the inn
street tunnel pass* ■; or runs ii>;ough
the property, anil when Improvements
planned by the Los Angeles-Pacific
company are completed tw< Ive cars
•very hour will tarry passengers to
this tract.
Mr. Bchriver, a. real estate operator
from Dcs Molnes, lowa, bought <he
propei i\ in the latter part of 1906, pay
ing |60,000 down, and by shea: grit and
shrewd financiering survived the perils
of the late panic, and now sells, realis
ing a. handsome profit, as the result of
good Judgment and tenacity of pur-
He »as a strong believer in the
future of Los Angeles, ami s\as partic
ularly charmed with that portion of
Hollywood in which ho made his pur
chase, and as a proof that the fasi Ina
ti.m has not worn off he baa reserved ■>
double clean corner on Sunset boule
vard as a site for a winter residence.
Mr Spauldlng and two members of
tho purchasing syndicate have ais.> sin
nlfled their Intention of building pala
tial homes in Sunset boulevard.
The deal was consummated through
the agency of Floyd B\ Lewis.
SOUTHWEST LAND CO.
MAKES GOOD RECORD
Twenty-three lots sold for the total
consideration of $19.0*6 was the record
by the .southwest Land company
in the Vermont Square tract since
their last report of two weeks ago.
.Most ot the buyers of lots in Vermont
Square are homeseckers and as a con
sequence the tract is rapidly build-
ing UP-
The purchasers in tho tract wen as
follows, at stated valuations,:
Mis. Christine Norland. JMOO; John
It. Payne. |BS6; A. I>. La Dow, $7:2.'.;
Leonard ialaf, $s."'O; John Camphouse,
477.",; Bam Camphouse, $7oU; Frank
Ratebrough, 11050; •'. a. Pelton, (MO;
a 1.. Batrtt, MOO; Louise Hackett, i^-:>;
John 11. Mueller, )8tO; Karl K. Stone.
$870; Charles Basor, $S7.'>, Clara <!.
Bucklen, two lots, $1700; Harold F.
Barber, I860; Charles Bmltb, $900;
Henry Parlee, two lots. 11480; C. H.
Balyer, $1326; H. C. Rldg< way.
Henry James, $900; Joseph Bchtntdt,
$1000.
CHANGE OF LOCATION
Alt house I lies, have moved from the
Bumlller building, 4:in South Broad
way, to (heir line suite of office In
the new Walter p. Story building,
sixth ami Broadway, and will be found
there ready for btllnea* Monday morn
ing.
COTTAGE HOME BOUGHT
The Cornell company has sold for
Thomas M. Hosiers to Asustlna
Sancher the property at 754 East Port] -
ninth street for $1700. The lot Is BOX
165 feet ami is Improved with a four
room cottaßC
I "* /uT ti r f^t< w^::^La M .^,..[l H ),'^' I In the Center of the Orange
ft ■ •'- >^^*^^'^~^)' * I ''.V.T I "f^ I Domain of Southern California
X ■^^^^^^ssz=r-^n fl 48 miles east of Los Angeles, where
A, SjgffißF'^'' *"'''" '''*' ""^^sj^. ]/ orchards adjoining are selling at $1500 to
\ X ■"l v:-:ll^^^_ "*—2& JU $2000 per acre. Production is the test of
\/ -'•■' h*tjJ^BsP&^\ j/ # value — Fontana Lands rely upon croppage as
Jr Mssls^^''ijSgr ~*S Jr their argument. You cannot gainsay nature in
f '■'•:^.'. > „ j&jg!'^ y''"""""'"""*"^ yr ' l^'s district. These lands, while the cream of
I , ,j^^g<r r the citrus lands, are profitable under any cort
We Have an Exceptional Offer to Make
PWW^ Buyers on Our Sec. No. 6. Now Opening
You now have the opportunity of a ground floor offer to Join this section— an acre will be the opining price on these
with us In the development and cultivation of our Section No. particular tracts. They should bring $250. One share of
6. To stimulate activity In • this part I. -ulnr se.ii.m we "in , water stock with each acre and the water shares alone are
Sou\'heTO°CaVlTo l™ 80"vho must Interest the'eream lands In sought by neighbors at *ISO per share.
ftootbtra CaJHomto who is looking Mr the cream lands of sought hy nel K hbors at *100 per nhare.
If You Will Help Us Open Up These New
Lands, We Will Make Terms So Easy That
You Can %Begin Development at Once
«> will prove to you' our appreciation of your Joining us in y .: Truly. It will pay you to talk this over with "us. I ont.ina
this new tract, by a liberal treatment of you In terms. He- ' lands are profit-makers for small crops, because local mar
n=^f^Ss^=n Fontana Development Co.
In.ler itravity How to even tract we sell, Fontana ) Lost Angeles Ofidce 602 South Main
land- are situated In the acknowledged well
r^her°prflo Ca« lfr« .-"">-'« ' Ground *"•»-• »-* Md, "uil<"n*
stock with eacli acre. No question about water
supply or son. /,.,.. v; | Phone F3388 Office in R # ialto, Riverside Aye.
INVESTORS
605 Acres in the Famous Whittier
La Habra District
THIS TRACT the most profitable, for SUBDIVIDING into VII.I,AS from
S I to U a,n ; affording semi-city and semi-country HOMES.
IN CLOSE PROXIMITY to rapid transit to and from LOS ANOELBB
-oVuytf minutes from this great, EXPANDING^ city.
TH [, v" ml is deep rich free from objections, producing everything mdis-
Vn'ous to southern California—commands high rentals; much of the
I rin I brinuH $25 per acre per annum.
WATER in abundance for Irrigation and domestic purposes-807 miner's
Inched by actual test. „ ,
IN ADDITION there Is B valuable, flowing sulphur well, possessing many
curative properties tor c sanitarium,
We offer ihis superb property as a Whole for a few days at a price
und on terms that will TEMPT the capitalist.
For particulars call upon
Davidson, Smith & Mizener, Owners
Room 219, Pacific Electric Building
Union Depot Predictions
Give Fresh Boost to Values
Rumors are again rife to the effect
thai a Union depot to cost $600,000
or more will ere long occupy the
Kite of the present out-of-date, Arcade
Station at Central avenue and Fifth
street.
The result of" (he conference on the
proposiii .11 between Judge tiovett of
the Southern Pacific Railroad com
pany and President Ripley of the Ban
ta iV, said to have i n held a
days ai o it Banta Barbara, Is not
known. The need of an Imposing and
commodious Union depot, where trains
of ail mails centering In Lo« Angela*
ma* receive and disembark passengers,
Is conceded, and much d.■sirel If the
several lines pet together on the prop
ln early action will result, and
b i i,us Angeles will boa«t of one of
the fines! stations of any city in tho
country,
The Arcade depot site i 3 the popular
THERMAL LAND TRACT
FINDS MANY BUYERS
Month's Sales for Local Company Ex
ceed $74,000— Syndicate Se
cures 120 Acres for
Oranges
The M. E. Miller company report
sales in their Kings River Thermal
tract near Fresno amounting to $■<,-
DOO for the past month. This tract of
4260 acres of early orange, table grape
and alfalfa land -was placed on the
market about six weeks ago, the sub
division being handled from the Los
Angeles office with the above result
In actual sales, which is another
demonstration of the activity among
local buyers. Among the purchasers
were L. Stoen for 250 acres at $30,000,
on which he Is erecting three modern
houses and Is establishing a complete
electrical pumping plant and buyer
win put the entire acreage out to
oranges and alfalfa. B. L. Hutchlns
of. Fullerton purchased forty acres. R.
L, Howard of Redgndo Beach forty
forty acres, G. C. IJutterfleld thirty
five ' acres, A. D. McGlll of North
Dakota forty acres, arid J. U Mlnturn
(■1 Fresno forty acres, on which he will
erect a handsome cobblestone and
cement house overlooking the valley.
All the above purchasers are preparing
to sot out orange orchards and alfalfa
at once. A group 'of ten Fresno busi
ness men bought 120 acres together
an 1 are installing their Irrigation sys
tem now. They will sot their entire
holdings to emperor grapes and
oranges. V .*<kvi r:£fc!kjt
PROGRESS OF IMPROVEMENTb
Wate» pipe la now belnp laid In Wil
ton place, between Fourth and Fifth
streets, and In Van Ness avenue, be
tween Fourth and Fifth Btreets, In the
McCarthy company's new Van Ness
Avenue, Square tract near "Wllshire
boulevard. The Edison Klectrlc com
pany is also putting In Iti poles for
electric lighting In this same tract.
The Improvement and street work
have so far progressed that much in
quiry la now reported by the McCarthy
company. Five lots were sold during
the past week. . < •
LOS ANGELES HERALD: SUNDAY MORNING, MARCH 13, 1010.
location because of Its nearness to the
business center of the city.
Many Investors bought frontage along
Kast Fifth street and other streets on
the east, siiic ir.ni- years ago, in antici
pation of the early erection of the new
station which had been promised by
the Southern Pacific, and these invest
ors, who are still holding on, are still '
firm in the faith that the structure will
be erected.
Among recent sales in the vicinity
of the station was the transfi r of. a k>l i
l'.'.xlik) feet at E43 Central avenue by!
llyman J. Tiorum to Amelia liavis, a I
local Investor, at the reported consider
ation of 116,000. The lot is improved
With a one-story brick building and a j
cottage of five rooms. The deal was
closed throimii the agency of. J, v. !
Bteele, Mr. Borum bought the pro] ci
ty about six years ago at a nominal
sun..
BEAUMONT BUILDING
BOOMS NEW TOWN
Many Imposing Business Blocks and
Handsome Homes in Course
of Erection —Big
Tract Sold
Through tho erection of many new
iv.siih:jir<\s and business blocks, and the
continued demand for city property and
acreage, substantial evidence la given
of the .steady progress of Beaumont.
Among the principal transactions
during the past week was the purchase
by Michael Huc-k, a recent arrival vi
fifteen acres In the Cherry Valley West
tract for about liSOOu. The sellers were
Oscar L,ittchen, Fred Marneek and
George DeHuff, each of whom passed
the deeds to live acres. Mr. Huck is
preparing to plant all of the land to
apples and other fruits. The transaction
was made between the owners direct.
John Watts sold to Oscar W. Bell
lots 1, 3, 5 and 7, block 41, and Clarence
i, Mlchettree Bold to Calvin S. Dodds
lot 16, block 42. John E. White, pay
master of the Bonora railway, Guay
mas, Mexico, purchased lot 32 in the
bank block for the site of a business
building. W. A. Bewail was the
grantor. *s«
New buildings are being erected by
J (i Tlllery, cottage, California near D
street; 11. 11. Roper, farm house,
Twelfth and Michigan avenue; It. H.
Logan, store. East Fifth street; George
II DeHuft, dwelling, Ninth and Mag
nolia avenue, and Charles H. West, cot
tage, this being the third dwelling Mr.
West has recently erected..
LAND SALES IN KERN COUNTY
The M E. Miller company report
sales in their Semi-Tropic colony, al
falfa and general farming land In
Kern county, for the past week
amounting to 200 acres, to G. I* Be
ward of Sherman, C. L. Tunison of-
Glen Frazler, Cal., Arthur P. Blosat of
Philadelphia, and F. L. Brown of Long
Beach for a total of 116,000, and 960
acres west of Fresno to a Los Angeles
buyer fdr $15,000. .
has only the most kindly regard for its
COMPETITORS
They are boosting themselves, of course, but
"Home Builders" Stands for the Highest
Profit, Security, Progress
' It pays 14 per cent on par now-willpay 16 per cent after May tot next.
I Its investments are in profit-paying homes-first sold, then built.
(NO & I*K C I LAI lON HERE)
Its assets show a gratifying increase from month to month
..ivj ~^ o (j(o l)\N<,r.i{oi s nuns HERE)
"HOME BUILDERS" Monthly will be out this week, full of meat. Ask, write or
teleohone for a copy—it's yours freely.
Stock subscriptions are payable either all cash or 10 per cent down and 5 per cent
mOnthnie OßungTlow Book will tell you more than $1.00 worth about Bungalows, but that's
all it will cost you. "The Science of Investment" at 10c is worth many times the price,
and orders for these publications are rapidly increasing.
, Price of Stock Is Now $1.80
April Ist Advances to $1.85
"Ifomp Builders
1 110 Smith Broadway Los Angeles, California
| 129 s>outn uroaaway PHONES _ Home 1096 3, Main 496 .
|L__ - — TZ——~^
-1 I
I
Occidental College Oronflodls
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. J 5 MUNROE avenue 2
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CQOICIOI JHClKflw llill
4 The above tract represents the most beautiful property adjoining
and overlooking the new Occidental College grounds, lying be
tween the principal streets and York boulevard and the college
grounds. - Campus road leads through this tract from York boul
evard and are now being graded and improved. Call on our
agent, end of York boulevard car line. Telephone F3779 or E.-76,
• or call at office in Bank Building, Highland Park.
Highland Park Investment Company
Herald Want Ads Are Sure Winners
3