Los Angeles herald., 1906-03-11
GREAT ACTIVITY
IN REAL ESTATE
CONDITIONS NEVER BRIGHTER
N FOR INVESTMENTS
Clta and Suburban Property In De-
isind Important Sales Noted.
~. Boyle Heights Development
9& Association

III real estate operators in Los An
gele ind adjacent points are working
ovei lime in showing property and
clos hg deals for homeseekers and in
vest ms. The market now is decidedly
actf e and strong and values are adj
van Ing in every direction, especially
for sentral business property, and in
The lose-in sections. Dealers state that
con tions were never in a more salts
facs ry state and that the season will
roui up in manner that will attract
still further attention to Los Angeles
as RI city OF marvellous srowth-a city
Of plendid opportunities for the in
yes nent of capital.
II numerous sales of business
froI age during the past week have
not been confined to any one street or
seo on. All localities look good to men
Of apital.
Z g development of tract property
goe on without interruption and thou
saf S Of lots are sold every week to
hoi builders and to those who believe
thu lots at present prices are good in
vel nents.
bile the Los Angeles realty market
Is howing increased animation, bus
Ind is becoming lively at the coast
cit \ as shown by sales published on
an her page. Demand for home sites
ne the ocean is becoming greater
eW N year. Those who travel on the
try by cars will notice that all Of the
be h towns are growing toward Los
AL lies and that the Angel City is
Sd iding out toward the sea.
sidents of the Boyle Heights sec
tif in the Ninth ward have formed
III Ninth Ward Improvement associa-
til for the purpose of advancing the
In ests of the property owners of that
1e Rhtful residence district. There are
Ii charter members of the associa-
til The officers are as follows:
Geol &c Lyons, president; DR.. l.. D.
Swa tout, vice president; w. j. Bryant,
seer tary; o. w. Seymour, assistant
secretary and treasurer
Thu next meeting will be held at the
A. a. u. w. hall, First and st. Louis
strees, Friday night, March 29. The
chief aim of the association Is to Sc
cure the paving of First street from
the bit Lake station east to Evergreen
ceme cry, but there are other plans
ahea8. Standing committees will be
appd 3pted at the next meeting. DR..
Geof e Campbell has been named as
airman of the committee on the paw
4 B of First street.
pring the past ten days fifty-eight
!
ward, authorizing improvements
n at $2S6522.
h Chicago Construction News in
I nmary for February places Los
A e S in seventh place among thirty
d & of the principal cities of the
Il States in the line of improve
n Il giving Los Angeles a gain of
" II seven per cent over the same
pc ID IN 1905
III ed in the more important sales
1f) e week are the following:
I Z Hollingsworth & Co. and Rob-
srB darsh & Co. sold to A. S. Gage
FOR local syndicate a lot 60x165 feet
On the west side of Hill street between
Seventh and Eighth for $10S,000, or at
he rate of $500 per front foot. This
IS at a considerable advance over the
purchase price.
The property at 725 South Spring
street, lot 6Ox165 feet. being the north
1alf of lot 3, block "a, Ord's survey,
was sold by the Hamburger Realty
& Trust company to a local investor
through Carl Pauly for $156,000, or at
he rate of $4,000 for the Spring street
frontage.
This property is a portion of lot
purchased by Kaspare Cohn of this city
n 1874 for $1,000. 1t then comprised
10 feet on Spring street and so feet
IN Broadway. Two years after maxi
ng the purchase Mr.. Coin built the
house which is still standing on the
property and occupied it until he built
Ills present beautiful home on the cor
ler of Grand avenue and Adams street,
when he sold the property for $4,000.
j. Cohn has sold to Mrs. Henrietta
Cohen and Mrs. Margaretha Barker
through the agency of Black Bros, a
ot 65x123 feet at the northeast corner
If Grand avenue and Eighteenth street
With frame cottage of nominal value,
$4,000.
Robert w. Irwin has paid Byron
$4,000 for a lot 5OX109
'eet near the northwest corner of