Los Angeles herald., 1905-10-29
MANY BIC DEALS
SHOW ANIMATION
IN THE LOCAL REAL ESTATE
MARKET
Sales of Importance on Spring, East
Fifth and Other Streets Indicate
Rising Values and Wise
Investments

Transactions for the past week in
dicate marked revival in realty sales in
the business and other districts where
investors look for good returns on
placing big money in property hold
ings. All realty dealers report that the
Los Angeles real estate market was
never in a more stable and healty state
than at the present time, and that the
coming season promises great activity
in the buying and selling of property,
especially business and other lots,
chiefly for investment.
On South Spring
Mrs. C. N. Hasson has sold j. III.
Birnbaum a lot on the west side of
Spring street, fifty feet south of Eighth
street. This property has frontage OF
a little over 56 feet on Spring street and
a depth of 165 feet, and is improved
with a two story frame. The improve
ments are of nominal value. The price
paid for the property was $4,000 spot
cash. The purchaser acquired TINS prop
erty as a permanent investment. Mrs.
Hasson purchased the property three
years ago for $26,600 from Richard G.
Beebe.
Main and Eighteenth
A. L. Scofield, DR.. R. W. Whomes,
and DR.. w. r. Bird have sold to Harry
A. Briggs and DIR. Granville MacGowan,
through Carl Pauly. the southwest
corner of Main and Eighteenth streets,
a lot having a frontage of 100 feet on
Main, and depth of 239 feet, improved
with a one story brick; consideration
$50,000.
On Fifth Street
Maurice Goodstein has paid the Pho
neer Investment Company $13,5OO for
lot 27 1-2x100 feet, located on the north
side of Fifth street, between Towne
and Ruth avenues. The sale was closed
by the recently established real estate
firm of NJ L. Germain e. Co., 224 South
Spring street.
Charles Gollmer has sold to w. B.
Jones, through Merwin & Co., a
lot on the north side of East Fifth
street, between Los Angeles street and
Maple avenue 50x92 feet improved with
a two story frame room1ng house; con-
sideration $4,000
A. L. Cheney has sold to H. I. Millard.
through the same agency, the south
east corner of Adams street and Nor
mandie avenue, S0x165 feet; considera-
tion $4,000.
On Hope Street
Eugene Germain has sold to Frank K
Fckley, through C. J. Heyler Co., lot
50x165 feet, improved with a story and
half dwelling on the east side of Hope
street about seventy feet north of
Eighth street; consideration 100000.
On Winston Street
W. F. Jones has sold to Strong
Dickinson, through r. B. Fox a lot BOX
14O feet on the south side of Winston
street, between Maple avenue and Los
Angeles street for $25,000. The purchase
was made as an investment.
On Towne Avenue
Serena Boyd paid Young & Adams
$4,000 for lot 371ax10O feet, improved
with a two-story frame apartment
house of twenty-nine rooms, located at
624 Towne avenue.
On North Grand
An eastern investor has paid D. K.
Edwards $16,S 800 for lot 112x165 feet on
the east side of Grand avenue, 240 feet
north of First street The improve
ments are nominal.
Hill and Sixth
The Niles Pease property on the east
side of Hill street, near Sixth street,
lot 6Ox10O feet, improved with a two
story frame has been sold to a local
association of investors, through Mines
& Parish, for 100000, or at the rate of
$500 a front foot
On South Hill
The Althouse Bros closed the follow
ing deals: I. L.. Spencer to 1. L.
Shields, the southeast corner of Hill
and Seventeenth street, lot 120 feet on
Hill, IS feet on Seventeenth street; an
investement; consideration $17,500. j.
Mead, to a local investor, the northwest
corner of Hill and Eighteenth streets,
125 feet on Hill street, So feet on Eigh
teenth street; an investment; $17500.
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