Los Angeles herald., 1906-05-13
LONG BEACH


upon the market. Improvements cost
ing 100000 will be made. This is consid-
cred one of the best deals made In OUT
side property recently. The Cowan-
wiseman company closed the deal.
Last Monday announcement was
made that the San Gabriel River Inn
provement company had acquired
twenty acres additional land adjoining
the 200 acres already held by that cor
poration along the old San Gabriel
river. This land lies just north of VIII
llams street and belonged to r. u.
Langstaff. The property will not be
placed on the market until arrange
ments have been made TO dredge the
river and complete an eighty-foot
boulevard starting from the Anaheim
road and connecting with the route
proposed for the Pacific boulevard.
The thoroughfare will be paved and
planted with ornamental trees. The
amount involved in the total land deal
s more than 100000.
on Friday H. S. Barnes & Co. re-
ported the closing Of a deal whereby
sixty acres of the choicest land in the
Alamitos tract was purchased from
Judge II. c. Dillon and Denver asso
ciates for $4,000 cash. The purchasers
will form q syndicate, subdivide this
acreage and make extensive improve
ments, including cement sidewalks and
curbs and the grading and oiling of
streets.
George Barron, for many years a
resident of Compton and well known as
manager of the Lynnwood ranch for
long period, has Joined. the real estate
firm of Fitch & Lazenby. Mr.. Barron
is a member of the boulevard associa-
toin and president of the Willow Park
Improvement company.
During the past week G. #. Hanley
sold 50x100 feet on Third street, near
American avenue, to w. II. Newman
the consideration being 10000. Two
years ago Mr.. Hanley purchased the
property for $4,000, making a profit of
$1,000 in twenty-four months.
On Wednesday afternoon the annual
meeting of the directors of the Palos
Verdes company was held in its offices
at % Pacific avenue. Jotham Bixby
was elected president; George II. Bixby
vice president; Llewellyn Bixby, second
vice president, and L. n. Grant, secre-
tary. The meeting of the directors of
the Alamitos Land company, which had
been called for the same day, was post
poned until next Wednesday.
The new offices of the Shaw-Flint
company in the Bixby block are being
finished rapidly and will soon be ready
for occupancy. Lofty ceilings, abun-
dant light, fine view and elegant mis-
sion furnishings will combine to make
the office one of the very finest.
Real estate dealers and property
owners of Long Beach have during the
past several years opened up a number
of choice tracts that have advanced in
value by leaps and bounds and made
fortunes for the investors. At the pres
ent time choice property at any where
reasonable prices is as scarce as hens
teeth. Probably the last opportunity the
public will have of getting in on the
ground floor of Long Beach property
will be when the Cowan-W Wiseman
company place their famous Vista Del
Mar tract on the market next Sunday
This beautiful tract consists of 260 lots
situated at the junction of the Hunting
ton Beach and Long Beach lines, and is
within five minutes ride of Long Beach.
The property all lies on high, sloping
ground on the east side of the tract, |
and is so elevated that a beautiful
marine view can be had at all times. |
The majority of the lots will be sixty
feet in width and none will be less than
fifty, thus giving all a large frontage
with an average depth of $50 feet The
streets will be sixty feet wide, oiled
and graveled, and the Pacific Boul-
evard associations boulevard, which,
when completed, will be the driving
thoroughfare between Los Angeles and
Long Beach and extends 100 feet wide
through the entire property. 1t stands
to reason and is beyond a question OF
a doubt that inside of a year this prop
erty is bound to more than double; the
boulevard alone is large enough to
make the lots valuable, without all its
other advantages The lots will be sold
strictly as residence property and will
H., I,,o tn xxrit11
very stiff building restriction. The
streets will have cement sidewalks,
gas and water piped to each lot and in
fact, every modern Improvement that
goes to make up the building OF
beautiful suburb, will be arranged for
by the Messrs Cowan-W Wiseman com
pany. 1t is the intention of this firm
to hold their opening day May 20, and
free transportation will be extended to
all from Los Angeles who wish to visit
the tract on that day. Further an
nouncement as to time of leaving and
where to procure tickets will be made
later, so If you wish to make some
quick money, keep your eyes on the
papers this week so that you will be
posted and know what to do, as you
cannot afford to miss this chance.
w. w. Lowe & Co. say Long Beach is |
fast recovering from the fright caused
by the earthquake at San Francisco and
they are pleased to announce to. their |
friends that the Signal Hill property is |
still looking as fine as ever and there
is large demand for 1t.
Improvements on the new electric
car line to the top of the hill are beng |
pushed very rapidly and they expect |
within very short time to have regu- |
lar service on this line.
Now is the time to invest, for the |
outlay of small sum at this time will |
mean that you will have a very val |
liable property on your hands in the
near future.
Slack & Wall company report the fol- |
lowing sales in their Park Lane tract on
Signal Hill during the past week. Lots
rs, 20, 30, 81, 80 and 33. This is a credit
able showing and certainly emphasizes
the fact that Signal Hill property is in
great demand.
The Signal Hill Improvement COM
pany report the following sales of Sig
nal Hill property during the week just
closed: TO Mrs. Viola Kerr and Lowella
Reese, lot 7, block o; to Mary u. H.
Black. lot Is. block @; to II. w. Green
and T. A. Stevens, lots 12, 10 and II,
block Q; to w. M. Varney, lot 3, block
r. m Mary Unn lots and hloolr 4