The Los Angeles Times from Los Angeles, California • 92

JANUARY 29, 1922. PART ANNOUNCE DEAL ON GEORGIA. Among Recent Transfers Two Theaters in Southwest to Open Soon. 7 SUNDAY HORNING. -4 tl; III a 7 fin 1.

Jhiiidniaei Co. Iaenf Tract Office ana flelroscJBixIs ffixe JrfIy.22iJI. 11 1 iritiinlf rniinn -run ,1111 rmm HJ HIGHLY IMPROVED rf? -i 1 si Twi modern theater and store bull ilngs. known as Hoffman's He-gent a-nd Hoffman's Tempts Theater, are ncartng completion in rapidly growing southwest lection of the city, and both houses. It is expected, will be opened about February 15.

The Regent Theater Is located at the corner of Vermont and 6anta Perbara arenues. while the Temple Theater situated at Vermont and Fifty-eighth street. Plans are now being prepared for the Garden Theter Building, which will also contain stores and offices, and a site for the structure has been obtained at Washington street and Vineyard avenue. These playhouses are under the control of the recently formed Los Angeles Theaters, which I under the management of the Hoffman Brothers. Dr.

Alfred Graham and C. E. Adams, Jr. The company plans to expand Its program, and to secure other theaters In various parts of the city. Li.

II. Mitchell 8ons, well, known local business men, are the owners of the building which contains the Regent Theater, and the Temple Theater was built by F. l'raun. Each of the new theaters will equipped with a Wurlitier Hope-Jones pipe organ. FACT AND COMMENT.

(Contlnncd from First Pa.) LO Noycs Apartments, At 1495 West Adams atreet. which has been Bold by Frank C. and Kdward H. Jansen to J. f.

Thoma through K. A. Colby of the C. 'Albright Company. Store and Apartment Hit Ming Changes 11 amis; tS'oycs Apartments Sold.

The C. O. ATbrieht Tompnv. represented by E. A.

of th bitslnsM property snd-incms department, announced yesterday th fa! of the thrp-ory brick store an4 mr'TS'rit building on, the outbe.tft corner Eleisnth nd Georgia, streets, for a reported con-Fideration of IlJS.onrt. Th purchaser of the propertv ws "NY. F. Mil's cf Rf-dlands, and the seller wsa Mmris Msrsji of Angeles. Mr.

Mills purchased the property an investment, slvtnr in part payment threo orange groves In the famous navel district, and balance lah and Thj C. C. Albrlfht Company also reported th fralo of the Noyes Apartmeiils, at 1493 West Adams S'reet, at a slated consideration of Jllrt.OO. Frank O. and Kdwnrd II.

Jansen were the sellers, and .7. 8. Thoma was the purchaser. Thq Xoves Apartments is on of Lp. Angeles' finest apartment buildings.

Both partiea in the a.bove transaction were handled by Mr. Colby of the Albright company. The same roncern reports the srile of the residence at KV Pouth Klncsley Drive, for to 1. Millhijland. Other recent sales by this company are as follows: ttlock of lots on Irvingr Bouevard, near Xfw 'Windsor Square, to John 71.

Hill, for six-flat building on the corner of Kighteenth and Cherry streets to Frank O. Jansen, for Ho.onO; lot on West Adarns street for $Sr00, and the Chester Place Apartments for a consideration of $90,000. BIG THEATER FOR VEST PICO. (Continued from First Face.) equipment is one and ne-hajf (inches in diameter. The feed line jof this organ will be as Large as a man's leg.

L'AKLV COXM Kl'CnoN. I Work is be begun early In February and it Is planned to have 1 and the editice completed rrior to Thanksgiving: Day. The enUre structure will be fireproof. Its location on the crest of the hill Just beyond Crenshaw Boulevard will make this theater visible for mtles and will prove a striking addition to that rart of the city. JNEW RESIDENCES AT REDLANDS STARTED.

switch. No lights will be visible and changing- colors of the fepec. trurn will produce a soft glow so gradually that the changes will be almost imperceptible. There will be no balcony in the Forum and the mezr.anlne floor will be used for offices and for Pompejian loungln rooms. Facing the auditorium, but shielded from it by double plated glass, will be a special room for children from which the performance can be viewed.

This room will accommodate 100 and no sound from it can disturb the In the auditorium. On the second floor will be the projection-room, separated from the auditorium and the rest of the theater by fireproof walls. A smoking-room for men will also be on this floor. MOXSTER ORGAN. An Idea of the size of the monster organ may be gained from the fact that the instrument will contain 300 stop controls.

These controls are arranged in a semicircle in orchestral divisions above four manuals. The feed line of the average theater organ which carries the wire of the electrical 4 Blocks for Temporary Homes (SrErut. WRM5PONPENCB.J ItEDLANDS. Jan. 27.

G. contractor, has started work on three new homes for all of them modern plaster houses with all the latest conven TIANIST Blfi'S HOIE IN TLSJIIRE DISTRICT sharing to some extent In the profits that must accrue in the rise of realty values In a community whose big-city tendencies are so obvious. A Detriment to the City. "The greatest evil Influence tht can gain headway in Los Angeles, and so be a terrible detriment to her future is any real estate activity that savors of the 'boom days." Just as surely es we allow uncurbed enthusiasm to encourage reckless and unwarranted buying, then just as certain will the payment and penalty be exacted In the depression of reaction that always, and of necessity, must follow misguided and extravagant activity. With all our loud protestations of love for our city, and with all our ever-ready assertions of having our part in her upbuilding and in her destiny, nothing can so surely and so completely put a full stop to energetic growth as can mushroom and misguided enterprise.

"This Is no brief for pessimism, nor Is It a call for unseemly con- Close to Churches and Schools. iences. The largest and most costly is the new parsonage of the Coi-fcregational Church on Alvarado. This is to cost about will be of two stories in heiglj.t The Misses Haug are building a bungalow in Cypress Court that will cost about $6000 and Mr. Uu4ziiis has started the construction of a new home- for Alfonso Hell.

In Kuroka street to cost about $7000. Take Red Car at Hill Street Sta-tion, headed north Take Cars marked "Santa Monica via Hollywood" "Sherman via South Hollywood-Santa Monica Boulevard" Leave Car at WESTMOUNT Olga Steeh, the well-known glaailst, has purchased a beautiful leven-room residence at 453 South "Wilton Place from Mri, Ella P. Kobbard. This sale was made through the J. B.

Althouse Company. Misa Sleeb has purchased tbJ property for her future home. The consideration was seported at IJO.O0O. Good Soil for Plants and Vegetables. Lots for Business, Apartments, Duplex, Single and Double Bungalows.

Sidewalks, Sewers, Curbs, Gas, Electricity and Water. k-4 17 A Remarkable Mountain View. TV- i 1 -v its vervatism. The last Is, most of the tiniV, as bad a brake to energetic endeavor as Its other extreme hero noted. But let us members of the Los Angeles Realty Board, having In mind that a realtor owes his loyalty, to his city always, that he is concerned with prosperity only when It is secured by the delivery of valuable and worthy service, enter Into a I campaign of protest and action against any effort to create false hopes, any attempt to Instigate a wrong enthusiasm that makes for.

at all times, those conditions that a real lover of Los Angeles hopes can never again exist here. "Overbuying In real estate Is not entirely and alone a thing of hav Drive West on Santa Monica to Tract Office at Westmount A few blocks west of Crescent Jet. A Chance to Make a Big Profit WHEN YOU SPEAK ing taken on far more than should be carried; It means, too, the lack of having had proper counsel on the construction of Improvements on real property. The conscientious real estate salesman win think long and hard in advising of rental incomes to be derived: he will know his locality well. Its "Your Chaice to LIw 11 Jnlollyw! present environment and future probability, and he can do no better service to Uls client than to earnestly analyze his own view point before giving it expression.

Probably no other city In the coun try today is so sorely in need of new building of every character; not alone houses and homes, but apartments, hotels, stores and ga lot in bv coming to buv a rage Dulldlngs, as Is Los Angeles. But In urging profitable returns to the builder let us be greatly concerned not alone for him, but for the constructive and consistent growth of the city, that the demand of the locality calls partlcu-ary for the type of structure we advise him to erect." Mr. Ryan's stand Is well taken. Los Angeles Is thriving, and the outlook for 1923 is better than It has ever been before. But the of the most beautiful section near Los Angeles and name the most distinctive, high-class residence district, where all has been done that money, taste and skill can do to enhance its natural charms by modern improvements and adornment, You Mention BEVERLY HILLS as the one place where the man of moderate means or the millionaire can secure a homesite that will be a continual source of pride.

Large, fine lots, 50x150, for $1200 on very easy terms at 6 interest There are no such values offered in the vicinity of Los Angeles Come Out and Judge For Yourself The Frank Meline Co. Main Office: 6777 Hollywood Blvd. Phono Holly 781 Beverly Office: Beverly Drive at 8anta Monica Blvd. Phones 059-141 or S58-I19 Drive direct to Beverly Hills or phone ut and we will call en you In our car. more reason, under such circumstances, why realty brokers should not allow themselves to be carried away by an excess of enthusiasm, with the result that they advise hastily and poorly.

There can be no mistake in JuaMclous Investment in Los Angeles real estate, no matter for what purpose It Is to be put. Prop-perty can be bought which win enhance greatly in value during the next few years. But the average investor must of necessity depend to a large extent upon the Judgment and the advice of the realty bnoker with whom he is dealing, and it therefore behooves every man engaged In the realty business in Los Angeles to consider well each proposition which he places before his clients. Liberal Terms City Schools hi Kcs- Taxesto Ta. v.

isr adierti semenc JiU huesLteds am Cbrttficafes issued and guaranteed Ay WITH HEITMAN COMPANT. J. A. Weiss, formerly connected with one of the well-known Los Angeles Realty operators, has become associated with the W. A.

Heitman Company. Mr. Weiss will specialize in the sale and leasing of automobile locations. i-noac va. auaranteed Jbu fltarhnfflMhum Realtor Realtor Titleimtmnce ami Trust Co.

Liberal Why Go Farther Out Than building A Hrifl CHS Fifteen FARIC Guaranteedallowano Street Minute Car Service Improvements 1 SOUTH PASADENA? A New Subdivision Just Opened Between Los Angeles and Pasadena Where Beautiful View, Perfect Climate, Absence of Fog, Good Schools and Splendid Car Service, Combine to Make The LARGE LOTS AT $1400 TO $1650 With Sewers, Gas, Water and Electricity IDEAL HOMESITES Thl Frak Munl Co REALTOR S-BUILDER J-LHsTURArtCE' UrtE OFFICER Paadena Office, Maryland Hotel Arcade. Colo. 224. Martin T. Hilditiaev Co.

-regent Tract Office SantaVionica ancTllelmeJShds.