Los Angeles herald., 1908-05-10
GIGANTIC DEALS
IN RANCH LANDS
LA COSTA TRACT SELLS FOR
100000
SEVEN HUNDRED ACRES NEAR
RIVERSIDE FOR $4,000
Over $1,000 an Are Paid for Redlands
Orange Grove-Stephenson Tract,
Near City Changes
Hands

A combination oil land and real es-
tate deal has just been made wherein
c. II. Hillman, a Seattle millionaire,
becomes the owner of 5000 acres OF lana
near La Costa, twelve miles south OF
Oceanside. Hillman is said to be the
largest taxpayer in King county,
Washington. Last week he was
guest at the Van Mugs hotel.
tAt an expense of 5000, 000," said Hill
man during his stay here, 81 purchased
5000 acres of the Gruendyke estate
there and have leased 5000 additional
acres upon which l shall bore for OIL,
Machinery costing between S2o,ooo
and $4,000 already is upon the ground
the derricks are up and the operations
will begin within week upon three
wells.
..Indications of oil are excellent and
shall put in 11% inch casing and bore
to a depth of 2000 feet. shall install
a pipe line q distance of three miles
from the base of operations to the
Santa Fe tracks.
.s.trhere will be one large tank on the
property and another az the railroad
as aids to shipment. These tanks are
ready to be put into use now.
II shall go to La Costa in an auto
mobile with H. w. Keller, president OF
the South Coast Land company, VINO
will develop water there. 1 understand,
and start a new town to be called Leu
cadia. -,
"About 400 acres of my lease mas
been subleased to John r. Berry, X. A
Blair and others, who will sink announcer
oil well, making four for that district
in the immediate future"
Seven hundred acres, known as the
Lake View tract, in Riverside county,
a
Celes Trust company and w. II. y Bear
for $4,000 by Frank II. Strong, local
realtv man. With the transfer are IN
cluded all the water rights of the Ia
NOUS Pico ranch, with ditches, nuilles'
pumping plants, etc. The Plco proper
" is about five miles east. ana tne
water will be brought to the Lake view
tract by fumes and bitches.
Strong will begin developing the tract
at once and will plant either alfalfa OF
eucalyptus trees this fall.
over $1,000 an Acre
ten-acre orange grove on East
JI,ponia avenue, Redlands, has just
been sold through the agency of Richey
g. Wheat by f. Nj. Erkine to George
w. King and daughter, Norma 1.
johnson. The price of the grove was
considerably in excess of $lO0o an acre;
1t is improved with a good mouse anu
barn. A cottage on Times street was
turned in as part payment. ErsKllle
purchased the grove three months ago
from ]. W. Veach, and it is known as
The Bosley grove, The owners have
been residents of Redlands several
years and orange property is consul
cred an excellent investment by thenl;
J. H d. Cox and Silas Masters OF
Riverside have bought OF l.. ~.
Perkins the west half of lot 4, bfock
acres of navels and sweets, on west
Tenth street. There is a small house
on the ranch. The consideration named
is $3.50. Riverside rental property was
turned in as part pay. Masters mas
fine orchard property in Riverside, pul
realizes that Corona also has many
advantages. He and Cox have pur-
chased this ranch, which has not had
the best of care, and intend to spare
no expense in bringing it out in good
shane. The deal was made by the Co
roma Realty company.
one of the most noticeable features
in realty transactions in Corona during
the past year has been the sale of
ranch property owned by the non-resi-
dents Much of this has in former
times been handled merely as trading
stock. Now such groves are coming
into the possession of those who desire
to retain and improve the ranches
There have been frequent cases of such
purchasers moving here and erecting
homes either on the ranches or in
town.
Tract Sells for 500
The Janss company has purchased
from Strong & Dickinson the Stephen
son avenue tract of eighty-three acres,
five blocks east of the city limits, on
the extension of the East Seventh
street car line, for a consideration of
$4S500. 1t has already been subdi-
Vided and the Janss company is pre-
pairing to complete the street work.
The buyers own and control about
500 acres of land in this section, lying
between East Side boulevard on the
north and extending to d few hundred
feet south of Stephenson avenue, or
East Seventh street, as it will event.
ualy be known. and from the city linn
it's east. This has all been subdivided
and most of it has been sold to home
seekers, mostly of the laboring class,
as the land is near the industrial Sec
ton.
Mrs. Jennie Mannell has sold a fine
ten-acTe navel and Valencia orange
grove located on Fourth street, Onta-
rio. to c. G. Jepson, a Los Angeles cap
italist, for S12 500. Jepson will improve
the orchard extensively.
E. 3. Wilkerson has purchased of H.
b. Smith a 10-acre orange grove in the
Anderson tract at Cotton, adjoining
the grove of his father +. Wilkerson.
Smith retains this seasons crop of
oranges, which are mostly Mediterran-
can sweets. There are no buildings on
the ranch, but at $4,000 it is considered
a good buy.
The grove is one Of the best on the
years old and i'm full bearing. The
grove has never been considered to be
on the market and is very desirable
property. Wikerson is manager of the
Cotton Fruit exchange. He is an eX-
pert in the valuation Of citrus products
and it is believed that he has made
good selection in a grove.
PAYS $2775 FOR LOT;
TO BUILD A FLAT HOUSE