Los Angeles herald., 1906-04-08

property, Los Angeles property and
Kings county farm lands a speciality.
The firm reports the following sales
for last week: Two lots in Ocean Park
strand, $3.50 each; two lots in Short
line, $500 and $170O; one lot o. P. villa,
$3.50; fourteen 10-acre tracts in Kings
county, $3.50 each, $100 cash and balance
$40 per month, set to alfalfa, of which
the Miller-Pike Land company handles
and gives the buyer one-half of the
crop. Mr. Miller reports activity much
better than this time last year and
prophesies big trade for the next
five months and a vast amount of
building.
DIR. W. H. Earle is a newcomer in the
local field and has signifled his presence
by purchasing a controlling interest in
the Venice holdings of the Southern
California Realty company. Although
a resident of this section for less than
two months, DR.. Earle has already
made extensive investments here and
promises to be actively identified in
the future growth and upbuilding of
the Venice district.
Lots in the East Venice of America
tract, owned and controlled by the
Venice of America Land company, are
selling rapidly. This tract is very CEN
trally located on the short line and the
prices are very low, compared to what
property is bringing adjoining the
tract.
The A. c. Walters company report a
brisk demand for beach property and
their rental department is taxed to it's
utmost capacity. The chief difficulty
that this firm is experiencing at pres
ent is shortage in cottages, the demand
being greater than the supply.
The Guaranty Realty company re-
ports the sale of a lot on Zephyr avenue
last week for $4,000, also q number of
original and resales in their Ocean Park
Heights and Wallgrove tracts and a
growing demand for good ocean 'front.'
age. DR.. Goodwin of the firm makes
the statement that there are good
prospects of at least two more business
blocks being erected on Zephyr avenue,
work to commence shortly.
Rosemont Terrace
Real estate during the past week has
not received as much attention from
buyers as was hoped for,
due no doubt to the inclement weather.
the inquiries have been lib
eral and several sales have been con-
summated. Acreage is still receiving
the bulk of attention. 1t has been re-
ported that C. F. Webster and his as
sociates have purchased Rosemont ter
race for $150,000. This is a beautiful
tract of land lying east of Ocean Park
on the hillside, and was last year
plated for subdivision but withdrawn
from the market. This will make a
beautiful residence district, of which
the Santa Monica bay section is we'll
supplied to that extent, no other beach
Is so fortunately favored.
ToWner Terrace
The Toner Terrace tract in East
Santa Monica is attracting much at
-ention and sales are reported favor
able from there. This beautiful tract
Is being handled by the Southern Cal
fornia Realty and Investment company
0f Los Angeles, and it is currently re-
ported, although we are unable to con-
firm the same, that arrangements are
being made whereby this will be taken
IN charge of locally by the Venice of
America Land company, who are rap
dly forging aread, giving evidence of
doing an extensive and successful busi-
ness. They report a sale of thirty-four
acres of choice farm land this week |
Tor dairy purposes, but the price we |
are unable to procure at this writing. |
Ihey have some very fine acreage |
which they are placing upon the mar |
het, amounting to 800 acres in Stanislaus |
county near the Santa Fe railway |
blmwood, highly improved. This will |