Los Angeles herald., 1909-08-22
HARBOR CITIES
SELL AND BUILD
CONSOLIDATION STARTS REAL
BOOM
FROM MARKET
Other Parcels Advance to High Level.
Proposed Bank and Warehouse
viii Cost Over $5e,0oo-other
improvements

SAN PEDRO, Aug. Decentralization
of the harbor cities with Los Angeles
has caused quite a stir in real estate
I'm both Wilmington and San Pedro. In
the latter city an old real estate man
came back to his old haunts on cleo
tion day, and before he had even
found an Office he had sold a lot, and
on the following day sold another. A
deal was made at San Pedro half
hour after the returns of the election
were announced, and the following day
considerable property was either raised
to a higher figure or Withdrawn from
the market.
Good buys are, however, still to be
had as the great future for the city
and harbor now that consolidation has
occurred makes a stability of good To-
cal government and expenditure of mill
lions on the harbor which insured
steady advance in realty values.
Among the late sales at San Pedro
reported this week are the following:
By Ferl e. Bickenbach. lot Is, block
3S, to A. l.. Kaiser of Lynn Ohio, for
$1,000; lot q, block 19, to Mrs. J. w.
Detrick, $500; two lots in the Mirador
tract $500; the old Gilmore home on
Weston and Vermont avenues, TO w.
r. Armstrong for $500.
Richard Quinn reports selling lots Is
and 10, block II, Rudecinda tract, to
Louis and Philip Levy for $1,000; lot
30, block -, Arcadia Park tract to w
c. Warmer for $500; lot IA, block 81, to
Henry Kogler of Santa Ana for $4,000;
lot II, block 58, to Paul Kogler for
S2250: lot 20, block, 10. Arcadia Park
tract, to Fred Howerton for $500
Arcadia Park Tract
George II. Peck &, Co. report selling
lot Is, block 10, Arcadia Park tract, to
nj lot IL,
the same block to Katherine Callahan
for 500; lot 20, block c, of the Palos
Verdes tract. brought $500 from Pete
Alweiss, while lot IL in block of the
same tract sold for 5000 to Miss Belle
Freizweck; Charles Irwin purchased
lot % in block 2, Arcadia Park tract,
for $1400.
Out at Point Fermin lot 1, block F,
of the Point Fermin tract, sold for
$1,000 to A. j. Hickman; w. F. Jewett
bought lot in block G, same tract, for
S2500. In the Ocean View tract a new
modern house sold for $500 TO DR..
Henry Gross of Los Angeles, while in
the Pacific Improvement tract lot IS in
block 10 brought $500.
The Gaffey Investment company re-
ports having sold lot 6 in block 8 in
the Centinela tract; lots and IA block
!, and lot 6, block B, of the Valam-
brosa tract; lots 81 and 58, block l, Of
the Buenos Aires tract, and lots l and
2, block 8, of the Atalaya tract.
Frank r. Stacy reports having sold
two lots on Thirteenth street for $1,000
to local persons.
M. L. Campbell reports having sold
to H. r. Hegman two lots on Seventh
street for $1,000; to Sam Cliff two lots
on the same street for $3.50, and to j.
a. Pett two lots on Sixth street for
$500. A corner at Seventh and Dodson
brought S1050.
In New Rudecinda
The new Rudecinda tract opened
week ago by Mason & Walters has
been selling rapidly. The reasonable
prices for these most desirable lots,
with the easy terms offered, have made
this tract popular with local and out
side investors and many sales are re-
ported daily.
In Wilmington the selling continues
apace. Following the sale by Clemmer
& Higgins of the old Mcdonald ware
house on Government alley for Mrs.
Rickerhauser to Los Angeles persons
came the report that the Banning
warehouse, with the half block of land,
on c street and Government alley had
been sold for S36,000
Mrs. Rickerhauser purchased during
the week from Stone &5 Moore 1855 feet
on Seventh and Rebecca streets for
10000 n. 4. Breen sold to his broth
er, Fred Breen, on Monday the old
Parsons property, consisting of four
lots on and Fifth streets, 346x160
feet, for $500.
Mrs. Reeves sold five lots in block
10. range 5, for $4,000.
Ground has been broken for the new
bank building which is being erected
for Edward Mahar and NJ. J. McDer-
mott of San Pedro and Los Angeles
capitalists The building will be 51x75
feet and tWo-stOry, the first story,
which will contain the bank and one
store, being Of stone and the second
story, which will be used for offices, of
white pressed brick,
Bank Will Cost $4,000
The inside finish of the bank will be
of marble and mahogany. The whole
building will cost $4,000. Dennis &
Farwell are the architects.
Next to the bank Cary e. Opp are
estate Office. and beyond them will be
four brick stores.
Across Canal street the EARNINGS are
to erect a brick building, while on
Broadway H. Barudollar is to erect a.
two-story brick building Some new
residences are also in course Of con-
structiOn, and it will not be long until
the old city of Wilmington win entire
ly change its appearance and resemble
a modern city with modern buildings
and other improvements. A move is
now on to Immediately pave Canal
street as soon as Los Angeles assumes
control, which will be early next week,
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