Los Angeles herald., 1909-08-15
|. A. INVESTMENT
HOLDINGS GROW
SEVERAL TRACTS ADD TO COM
PANY'S TERRITORY
DEMAND FOR HIGH GLASS HOMES
INCREASES
Beautiful Parking of Tracts and Wis
dom Displayed In Restrictions and
Architectural Standards Ap-
peal to Buyers

There is no section of the city which
Is being developed more rapidly or
with finer class of improvements, in
! cluding the great variety of homes,
! than that section Centering at Forty
| eighth street and Gramercy place on
! the Grand avenue car line. Located at
! this point are the College tract, the
! College tract annex, the Western ave-
nue. square and the Derby Park tract
all of which is the property of the Los
Angeles Investment company.
Gramercy place, one of the highly
| improved residence streets I'm the COL
Iege tract, is built up from end to end
upon alternate lots: every lot, in
Guiding the alternate vacant lots, have
been lawned by the company's gar
dcners. Every house upon Gramercy
place has --been sold by the company.
Upon Wilton place, the second street
in the tract, the company has already
built and has under construction forty
six houses mostly of the bungalow
order. one story and one story and
half, each of different design and style
of architecture from five to eight
rooms each. ranging In price from
$3.50 to $4,000 for house and lot in
Guiding all improvements of sewer. gas,
electric lights, city water. lots fenced
I'm rear, lawns made, shade trees,
palms, etc.
1hirty=tWo houses Solo
Thirty-two of these houses upon Will
ton place have been sold, many long
before being completed Two large
store blocks containing eleven store
rooms with hall and apartments above
have been built tv the company on
Forty-aighth street. Many small parks
have been laid out and ornamented
with rare shrubbery, flowers. palms.
vines. etc.
A College Tract Improvement asso-
citation has been organized and fund
of $4,000 set aside by the Los An
geles Investment company to be han
died by this improvement association
in mainta ining these parks and to
carry into effect other schemes for
the Identification of the tract.
The company has adopted the same
plans OF building the College annex
tract, formerly the Kendalls Berry
tract, as have been carried out in
the College tract. The same class of
improvements has been installed in
Guiding sewer system. The company |
has under construction upon this tract
six one story and half bungalows |
Edward Marston has purchased one |
of these. a six-room bungalow at the !
corner of st. Andrews place and West
Forty-eighth street for $4,000.
Henry Babel a nineroom home, cor
ner st. Andrews place and Forty-ninth |
street. for $4,000.
]. II. Joyce a six-room bungalow |
1912 West Forty-ninth street, for $4,000
In the Western avenue square tract
107 lots have been sold and fifteen
houses. This tract is also severed.
Another Tract Added
The latest acquisition by the com
pany in this section, the Derby Park
tract. located at Forty-eighth street
and Western avenue and containing
twenty-five acres. will be subdivided
into 12S lots and highly improved at
once. Many beautiful building sites
will be found in this subdivision.
The following recent purchasers of
homes in the College tract are reported
by the company
r. A. Gerdes broom bungalow BIOS Wilton
place. Price. $3.50.
Orlando Peck 5-room bungalow. 5o37 Wilton
place. Price, 5000
Albert 1slelb. 5-room bungalow, bo2S wilton
place. Price. 1850
T. J. Goldlng. 5-room bungalow 5000 Wilton
place. Price S270o
Mrs Marie Cline. 6-room bungalow, bOO4
Wilton place Price. $4,000.
A. C. Holman. 5-room bungalow, 1924 Wilton
place Price. $500.
George NJ. Higbee. s-room bungalow. 4914
Wilton place Price, $4,000.
II. B. Wilson. 5-room bungalow, 1904 Wilton
place Price. $1,000.
John A. Forsberg, 7-room bungalow 1880
DR.. T. L. Shaffner, 7-room bungalow; 4s22
Wilton place. Price $1,000.
Humphrey Taylor s-room bungalow, Sl2
Wilton place Price S4l00
Mrs. Fannie B. Thompson. 7-room bungalow,
VIA Wilton place Price. $4,000
T. j. Caleb, 5-room bungalow, tao Wilton
place. Price. $500.
Miss Nan Phares Broom bungalow, 1907 VIII
on place. Price $4,000.
F. L. Couch, 6-room bungalow, 1917 Wilton
olace $4,000.
Mrs Julia Musselman. broom bungalow,
1892 Wilton place. Price, $1,000.
Mrs Elizabeth Johnson, 5-room bungalow, t
021 Wilton place. Price, $3.50
Mrs Elizabeth Treseder, Groom bungalow,
533 Wilton place. Price, $1,000. f
Mrs Ellen johnson, 5-room bungalow 5lO5
iramercy place. Price, $3.50