Los Angeles herald., 1905-05-07
NEEDHAM ORANGE RANCH
Is WELL SOLD
Local Capital Secures Well Located
Property Near Town Of
Glendora


resented the estate. In the ranch are
about eleven acres in navels, mostly
in full bearing, six acres in 10-year-
old lemon trees, six acres of Valencias
and about four acres in assorted fruits
The purchaser expects to build an
beautify the grounds. The price
named is at the rate of $500 an acre,
an unusually attractive figure.
In speaking Of investments in or
ange lands Mr.. Pratt said:
More confidence is gradually being
manifested In citrus fruit orchards
as Investments, as conditions are
getting back to their normal state.
The seasons of 1923 and 1904
brought low prices for oranges and
succession tended to discourage pro-
spective purchasers of this class OF
property. This year growers are do
ing better and the season promises to
average fairly well with good years
of the past. This has tendency to
create more confidence in orange and
lemon grove property. and investors
are occasionally picking up snap.
realizing that this class of property
will not always be sold at present
prices"
Ruth, Near Fifth
Through U. H. Gowen & Co. has
been sold 50x110 feet on Ruth avenue
between Fifth and Sixth streets, for
Isaac Freedman to John L. Spence for
$4,000. The property is improved with
a building of thirty-five rooms.
Sales In WiIIowbrook
Harbert & Butterworth report the
sale during the week of the following
property in Willowbrook: Three three
fourth acre lots at $425 each, and
nine half acre lots at $500 each. ag-
gregating nearly $4,000. A majority of
the purchasers are those who, In east
ern cities, have been used to large
lots. Seven purchasers will build be-
fore the summer is closed. Plans are
ready for number of cottages of bun=P
eoi"" ue0ish anu ioui VI euSHfh are now
in course of erection, also one two
story dwelling.
Washington Washington and EstreIIa
$'Wilhelmina Hauptmann has sold to
Mary Bertha Hart, through the C. ].
Heyler Co., the southwest corner of
Washington street and Estrella avenue,
Al 1-2x1OO feet, that is improved with
a modern nine-room residence The |
purchaser will improve with stores in
the near future. Consideration $1,000.
Main and Pico
Mines & Parish report in conjunction
with w. H. Nieswender they have
sold for David E. Thompson to Mrs
E. L. Reed the southeast corner of
Main and Pico streets, having a 'front.'
age of AZ 1-2 feet on Main by 145 to an
alley on Pico, improved with two
story building containing two stores
and rooms above, for $4,000.
Lots for Homes
During the past week the following
sales were negotiated by the Althouse
Brothers.
West Ninth Street Heights company
TO It. Cords, an unimproved lot on the
southeast corner of Ninth street and
Hobson. Mr.. Cords will improve with
nine-room residence; lot 52x12S feet
Consideration $1,000.
II. B. Ferris to NJ. p. Gilbert, an un-
improved lot on the west side of Arapa-
hoe street, seventy feet north of Elev-
enth street, lot 60x142 feet. The new
owner will improve at once with ten
room house. Consideration s275O.
C. Bryant to F.. Burgess. a six-room
residence at 1904 Pico street, lot 4Ox127
feet; an investment. Consideration
$500.
West Ninth Street Heights company
to A. II. Geffries, an unimproved lot
on the east side OF Normande avenue
$50 feet south of Ninth street, lot 5Ox12S
feet; an investment. Consideration
s11OO.
Mccarthy Tract Sales
The Mccarthy company reports the
following sales in it's three big tracts
Main Street, Moneta Avenue and
Figueroa Street:
w. II. Heneman. lot II. block A,
$780, Robert r. Jones. lots 1927 incu-
sive, block d, and lots 1921 inclusive
block G, total $15.6OO; r. f. Jones, lots
90 and 20 hInpL II IN IGipuaroo C.t.oot