Los Angeles herald., 1906-04-22

The past week has been one of lively
transactions in Los Angeles real es-
tate, many investors being in the
scramble to secure desirable property.
Leading realty dealers say that big
money is seeking further investment
and that increased activity is notice.
able not in business property alone but
also in tract propositions.
Big Acreage Deal
The firm of w. /. Hollingsworth &
| Co. closed deals during the week aggre-
eating nearly $5OO,OOO. The firm heads
a syndicate composed of the H. & j.
| Maybury Trust company, l. L. Low
man, j. H. Spires, d. F. Hill, George j.
| Birkel j. S. Torrance and others for the
purchase from Elmer E. Cole of the
beautiful tract of land lying south of
| Playa del Rey for the sum of $3.50, 900.
| This fine property, comprising 1885 .5
acres of rich, fertile soil, will be extern
sively improved and placed on the mar
ket in tracts of from one to ten acres
each.
w. I. Hollngsworth & Co. also report
the following sales:
j. II. Cleaver to Milo Baker, Edward
| NARROW and others, a vacant lot 96x165
feet on the east side of Grand avenue
between Sixth and Seventh streets, for
SCI, 200.
jefferson H. Culver to H. S. Mckee,
1874 South Figueroa street, improved
with an eight-room two-story house,
for $4,000. Size of lot 74S6x155 feet
Mira Hershey, Leila b. Elliott and
George o. Blackwood have purchased
from Mrs. e. v. Artman lot on the
west side of South Figueroa street be-
| tween Twelfth and Pico street, for $1S,-
900. Lot is 50x150 feet in size with
nominal improvements, being 12413
South Figueroa street.
H. S. Mckee to the Consolidated
Realty company lot on the north side
of Ninth street between Hill and Olive
streets, 65x110 feet, for $4,000. Purchas-
ers will improve.
A. F. CAN'T to Mrs. Hannah M. Bar
| Der, S30-2 Stephenson avenue for $500.
Size of lot 50x14O feet. Property is inn
proved with two-story building.
Allen c. Dunham to Katherine Nor
| ton an irregular shaped lot on the
southeast corner of East Fourth and
Molino streets for $4,000. Property has
a frontage of 119 feet on Fourth street
and ITO feet on Molino street. 'Unim-
| proved.
D. Thieman to the Western Realty
syndicate the southwest corner of
Fourth and Molino streets for $1,000.
This is an irregular shaped lot having
a frontage of SS feet on Fourth and Mo-
limo streets by an average of 140 feet
in depth. Property is unimproved.
Two Big Sales
DR.. w. j. Davis has sold to Carl
Leonardo through Robert Marsh & Co.,
his 14-room residence at 2 Chester
place, 107x265 feet, for $45,000.
| Robert Marsh & Co. have sold to
Dr. w. J. Davis, lot, 240 by $50 feet,
on the west side of Westchester place,
between Twelfth street and Pico in
what is known as Westchester place, for
$24.O0O. DR.. Davis will Immediately COM
mence the building of fine residence
to cost in the neighborhood of 100000.
Investment Propositions
w. B. Merwin & Co. report the fol-
| lowing sales:
| Lot at 506 South Flower street, three
story rooming house. on lot so by 165
feet Conveyed to Mrs. Mary A. Trask
! by B. 7. Butler; consideration $4,000.
Lot at 9OS East Sixth street, being a
three-story frame rooming house, lot
| 371s by 100 feet. Sold for Charles
Lathrop to Marian E. Hasson for the
sum of $145OO.
| Lot at S22 Stephenson avenue, i'm
proved with frame factory building,
lot so by $50 feet. Howard J. Fish to
Walter H. Wren; consideration $4,000.
| This property was Immediately resold
to local syndicate.
Lot at SAT Gladys avenue, so by 11O
| feet, with one-story frame cottage,
Anna B. Taylor to local syndicate; con-
sideration 100000
| Lot AZ, by 14O feet, on south side
of East Seventh street, third lot east
of Santa Fe avenue. Walter H. Wren
to Richard Rose; consideration $4,000.
Lot 70 by ITO feet, on north side
of Glover street, running back to the
| S. p. switch in the rear. E. A. Carter
| to Miguel Micaroli; consideration $500.
Select Good Property
An eastern investor, through A. T.
Jergins & Co., has paid DR.. W. A.
Lamb $45, 900 for the Inona flat prop
erty on South Flower street The lot
is SOx165 feet and is between Seventh
and Eighth streets. The monthly
rental income is $210.
]. f. Sartori and associates have
sold to Richard c. Beeoe, through w.
NJ. Garland & Co, the property on the
southwest corner of East Seventh and
Merchant streets for S51,000, The lot
is 1O2x1O0 feet and was bought as an
investment.
The property on the northwest corr
ner of East Seventh street and Gladys
avenue has been sold by A. W. Swan
felt to Macy c. Drake of Chicago.
through w. M. Garland & co. Tor
$4,000
The firm of Black Bros. has closed
the following sales For B. B. Greg
ory to j. R. Hepburn, the southeast
corner of Hill and Sixteenth street, 120
feet on Hill and 102 feet on Sixteenth,
with frame fiat buildings of small val
ue as compared with the land. Com
sideration $4,000.
Lots in the wholesale district are in
great demand by large business firms,
and values are steadily advancing.
The lot on the southwest corner of
Los Angeles and Eighth street has
been sold by e. p. Bryan, through
Black Bros. to S. c. Davis for $50, 900.
The lot is 100X126 feet and is improved
with frame structure.