Los Angeles herald., 1905-11-26
DEALS IN REALTY
FAIRLY ACTIVE
AGENTS AND OWNERS PAYING
TAXES
Time Taken Up In Securing Cash and
Recelpts-sales Of seml-
Business Property to
Investors

"The past week has not been remark
able for many very large deals In
realty" said one of the leading opera
tors yesterday. "The chilliness of tho
weather has had some influence on the
local market" he added land then this
is taxpaying time for the first half of
the time limit and property owners and
real estate men generally are more in
terested just now In paying for the
privilege of citizenship and ownership
of property than i'm acquiring more
holdings. All want to pay up and get
possession of paid tax receipts And
then If you will observe the effect of
tax paying time-the people generally
feel that they are poorer. whereas as
matter OF fact they are richer for they
have discharged their obligation to the
city, county and state and are in undis.
puted possession of their holdings which
can be transferred at will-everything
clear"
Another dealer said: MANY sales of
Importance are closed that never re-
ceive notice in the daily papers for the
reason that the parties directly con-
cerned in the transactions request that
no publication be made of the deals.
should Judge that fully 10 per cent Of
the sales made in Los Angeles are not
published for this reason. Realty
agents generally like to have mention
made of transactions in which they are
concerned. not especia7:y for the pub
licity that 1t gives the agency but be-
cause all deals are a matter of general
interest to the fraternity. besides serv
ing to indicate the value of property in
various parts of the city,
Bunch of Good Sales
Del Vale & Freeman report leading
oil foil sold 20 n
local investor 50x170 feet on the east
side of San Pedro street, with fair i'm
provements. 54S-550k San Pedro street;
consideration, $40, 900.
William Wright to Robert Hale, S0x
140 feet to an alley, improved with a
good sixteen-room house, 80S South
San Pedro street; $4,000.
Mrs. ]. Foster bought of r. A. Fowler
the handsome residence on the south
west or "double-clean' corner of
Grand avenue and 10 feet on Twenty
third street; $17,500.
DR.. Henry Gross to w. c. Downing,
70x100 feet on Cass avenue. between
Main and Hill street. improved with a
small cottage; $500. The property was
at once resold to M. e. Cake for 100000
G. S. Marggold sold the property. 1870
West Fifteenth street, between Main
and Hill streets, consisting of a lot 51x
120 feet and very nominal improve
ments, for s775o
Near Cottage Place
The property on the west side Of
Tigueroa street, 265 feet south of Ninth
street 60x36O feet, has been sold by N.
r. Thayer and Edwin Darling to o. b.
Smith, who transferred the property to
Prentice and Bertha Lebus, the con-
sideration being $685. On the lot is
a ten-room dwelling and two cottages
that rent for $50 a month. The lot ex-
tends westward to Cottage place.
Sale on Hill Street
Bogardus G. Mason have purchased
from Mrs. 8. M. Keller, a lot 50x120
feet. on the southeast corner of Hit
and First streets, with a two-story
brick business building. The considera-
ton stated is $S5,OOO This is at the
rate of $500 a front foot. based on Hill
street frontage of fifty feet.
On Grand Avenue
The lot on the east side of Grand
avenue, $50 feet south of Pico street
9Sx100 feet, extending through to Palm
street, has been sold for 100000 to
local capitalist for P. A. Stanton,
through Leo. ]. Mcguire & Co. The
purchaser will improve with a two
story pressed brick building of five
store rooms fronting on Grand avenue
the entrance to the apartments above
to be from Palm street. Palm street
has just been improved. The agents
call attention to the point that improve
ments are in line with tine advances
and activity on Grand avenue, since the
recent large purchases made by Fl. Z.
Huntington and other capitalists on
that thoroughfare.
Seventh and Whittier
Mrs. Mary A. Briggs has invested
$4,000 in the purchase of the lot on the