Los Angeles herald., 1910-02-06
PERSISTENT DEMAND
FOR NEW HOMES
BUILDING COMPANY is RUSHED
WITH ORDERS
More than 1926 Dwellings Built in One
of Many Traets-Range of
Prices Shown by
Sales

II one will but visit the College
tract and annex, center at Forty
eighth street and Gramercy place,
owned by the Los Angeles Investment
company, he will be amazed at the
wonderful improvements being made
by this cooperative building company.
Dozens of houses of all styles of ar
chitecture are under way, from the
framing of the house to the completed
home ready for occupancy. Already
the company has completed and sold
since this tract was put upon the
market more than 125 of these modern
houses, all of which are occupied
The company has under contract
now fifty-hve houses, ranging from the
cozy five-room bungalow to the nine
room story and a half and two-story
homes. In these homes the company
is adding all of the most modern home
finish, as hardwood floors, beams pan
eled walls, buffet, sun parlors, sleep
ing balconies, etc. The company re-
ports a marked increase i'll the de-
inand for these homes since the first
of the year.
e. B. Goodwin, manager of the real
estate department of the company, re-
ports that most Of the sales made are
for the houses before they are finished;
that the company finds it almost i'm
possible to complete the house before
sold, with the present demand.
In the purchase of the nome betore
finished, the purchasers are given the
privilege of having it finished to suit
them in the details of interior finish
and painting and tinting, etc. The
company is appealing to the careful
homo buyer in the building and SELL
ing of these modern homes.
Valuation of Homes
The following recent sales are re-
ported by the company;
To Mrs. Lulu l. Fish, tive-room bum
ralow at 4614 Wilton place. $3.50; Q. G.
Montgomery. seVen-room bungalow at
1926 Wilton place, $4,000; Mrs. Josephine
Wiley, six-room 115-story bungalow at
4606 Wilton place, $500; Mrs. Bessie E.
Rodgers, cight-room 11a-story house,
1749 West Forty-ninth street, $500; c.
ID. Williamson. five-room bungalow, 1919
West Forty-ninth street, $4,000; p. L.
Murphy. eight-room HISTORY bunga-
low, 1752 West Forty-ninth street,
$500: Miss Effie Maize, seven-room
115-story bungalow, ALA Cimarron
street, $45O0 Mrs. Nellie B. Lady, eight
room HISTORY bungalow, 1918 Cimar-
ron street, $4,000; Mrs Mary Evans,
seven-room History bungalow, 1S49
West Forty-ninth street, $4750; Mrs.
Mary J. Garfield, flve-room bungalow,
4715 Western avenue, $3400; J. ]. Hoos,
six-room bungalow. 1928 West Forty
sixth street, $3050; G. Clyde Lady, five
room bungalow, 4521 Cimarron street,
5000.
The following recent lot sales are
also reported by the company in its
Western Avenue Square tract which
adjoins the College tract:
To Mrs. Mary Anderson, lot 3, block
3. $500: N. l.. Murray, lot 16, block >,
$1,000; F. H. Pricha, lot ., block 1. $1100:
$. H, Ward, lot ?, block l, $1100; Miss
Blanche A. Goodwin, lot Il, block .,
$500; Miss Elsie B. Taylor, lot %, Derby
Park tract, $4,000.
The company is now perfecting de-
tails and plating and improving the
70-acre tract recently purchased, 10
Gated at Florence and Vermont ave-
nues. 1t is the intention of the com
pany to begin the sale of lots, is well
as to build 200 or 300 homes of mod
crate cost and sell upon its usual
monthly installment plan.