The herald., 1894-11-15
The Local Movement of Real
Estate.
New Buildings for Homes and for
Business Use.
The Past Week Shows an Average OF
6oven Houses Per Dsy-Prospects
for Great Activity Along
Koal Estate Lines.

UhIu, Ou0 llbtl0 btOIo anu lOuE hltoEnNoh1
and removals of buildings already con-
structed. The largest sum stated to be
the estimated cost OF q building to be
erected is $4,000, for a tenement houss
to be constructed at the corner OF Sow
enth and Beacon streets for DR.. Mans
field. The average cost OF dwellings for
which permits were issued is not far from
$500; the highest cost being $500. for
F. T. Griffith's house on Twenty eighth
street. near Severance street.
The very large average of seven houses
per day indicates that the winter boom
has set in, and also that the people now
coming to this vicinity have come with
their minds already made up to locate
permanently.
BUILDING IN PROGRESS.
The Builder and Contractor makes
minute OF the following work under
way:
I. A. Mullen is building q cottage on
Crocker streets, between Sixth and Sew
enth streets.
fly. Aufdsmkamp is building a COT
tage for Helen Koehler on Santee street
near Twelfth.
Alex. Marccux is building q cottage
on Twenty eighth street. near Central
avenue, for Simon Hunter.
T. DAILY is building q cottage for E. O.
Peck on Union avenue. between Tenth
and Eleventh streets.
A. @. Cough is building cottage for
Henry M. Warren on Ruth avenue, be-
tween Fifth and Sixth streets.
J. d. Mcdonald is building q cottage
for Ed Collins on the corner of Central
avenue and Twenty-fifth street.
d. Bronson is building a dwelling for
John Banks on Towne avenue, between
Ninth and Tenth streets.
j. A. Adams has the contract for q
cottage on Twenty eighth street, near
Maple avenue, for +. A. Cobleigh.
F. o. Engstrum has contracted to
build cottage for E. Gardner. on the
corner OF Adams street and Central ave-
nue..
W. S. Mills & Co. received the contract
to build q two-story residence on West
Beason street for E. A. Miller.
Daniel +. Sheldon has the contract
to build a cottage for Albert B. Clapp
on Ingraham street, near Lucas avenue.
Stewart & Grant have secured the
contrsct to erect two-story residence
for Frederick L. Griffith on Twenty
eighth street.
w. s. Arnold has the contract to erect
a tenement building on Beacon street,
between Seventh and Eighth streets,
for DR.. Samuel Manafsld. ~sss@
WORK IN PROSPECT.
Architect John Austin reports draw.
ing plaus for DR.. Smith for . fve.room
cottage to be built in the Williamson
tract. cost $500.
Architects Aiken & Benton are prepar.
ing plans for remodeling q two-story
dwelling on Olive street for Mrs. Sew
erns, to consist of an addition of rooms
and change OF interior; will have CRATES,
man tells and plate glass.
The same architects are also drawing
plane for E. A. Strong. for cottage to
be erected on Thirtieth street, near
stained glass, water cloeet, gas fixtures,
kitchen ixtutes and bath.
TRADE IN CITY LOTS.
Real estate transfers for the past week
have averaged about 40 per day, very
much the greater proportion of that
number being for lots inside the city
limits. transfers of simila property at
Pasadena, Pomona and smaller tow ms
throughout the county showing satis-
factory activity. Almost without excep.
tion sales OF this character have been
made for cash. practically no mortgages
for part purchase price being filed at the
time OF fling deeds. Oi course some
of these lots are purchased for specula.
tion. but the general trend of real estate
business is in the line of building lots
for home making purposes. As hereto
fore, builders of homes show decided
tendency to locate in groups, so that the
city now shows hal! dozen centers of
special activity. Grider & Dow's Adams
street tract. the Wolfskill tract. the sec.
tion lying between Westlake park and
Union avenue. the territory bounded by
Orange, Pearl and Sixth streets and
Lucas svenue, each show q sudden
growth OF new houses, buildings spring.
ing up like mushrooms after warm
rain.
OPENING OF THE WINTER CAMPAIGN.
Easton. Eldridge & Company. the
wide awake real estate firm on Broad
way. have laid before Us their first cata-
logue for the winter season, being an
Offering of 100 lots in the well known
Molfskill tract, between the Arcade
depot and San Pedro street. From the
appearance of the map it would seem
that the firm took up herculean task
when they undertook to sell 1000 or
more lots, into which the tract 10 sub.
divided, bu: the limited number OF lots
lett is proof positive that their calcula.
tions at the outset were we'll founded,
and the energy displeyed in getting re-
suits mp to the present time deserves
more than passing comment. The lots
the firm will offer at auction lie very
largely between Fifth and Seventh
streets. San Pedro and Wolfskill avenue,
being the southerly half of the Wolfskill
tract, the n0rtherly half having been
nearly all sold out some time ago. al
though there are q few desirable lots left
in that portion OF the tract.
The outlook for the sale, judging from
the inquiry which the firm have already
had, is most promising; and in this in
itial sale OF series to be held by the
firm in city and country this winter,
they will undoubtedly meet with their
usual success.
A HERALD reporter in conversation
with Mr.. Easton, asked him what he
considered the secret OF their success in
handling such propositions az this. and
he said, in reply, "Our success is due to
two things: First, doing business on
broad gauge plan; and, next, in COM
bination OF forces working to one end
and with only one end in view at time,
thno =. ho al 10