The Los Angeles Times from Los Angeles, California • 130

APADTOT CQOTII 292 UNITS Marina dal Roy area Minimum down payment $1,500,000 Principals only. (213) 477-1466 1 2 Part Vffl- Sun, Oct 24. 1976 it Sngtlrt ZimtS EVEN AN ESCALATOR HAS TO HAVE A TOP Escalation can occur in real estate transactions, too. Sid Garrett of the Investment Division of Santa Monica-based Corliss and Associates Realtors got a client with $10,000 to invest. He found him a nice little four-unit apartment building in Culver City but its owners wanted to trade up.

So he found them a six-unit building in Beverly Hills and that owner wanted to trade up. too. So he found him a nine-unit apartment in West Los Angeles with an owner who wanted to cash out, ending the escalator ride. All escrows have closed, Garrett announced with a sigh of relief. Loan Plan Offered Mortgage financing in which the interest rate is adjusted at five-year intervals is being offered in income por-perties with five or more units, commercial and industrial properties by Fidelity Federal Savings and Loan based in Glendale.

Called a Renewable Option Leverage Loan (ROLL), it offers a long-term loan written at a fixed interest rate for the initial five-year period, at the end of which it canse "rolled over" for another five years at the interest rate then prevailing either higher or lower but not changing more than 1. The borrower can renew within a 90-day option period before the end of the five-year term for no additional fee. Or, he can pay the loan off during the 90-day period with no prepayment fee. If the property is sold, the new owner may assume the existing loan with no change in terms on payment of a "nominal customary assumption fee" if his credit qualifications are acceptable to the lender. mill liJwl Hi 1 it" '5 Construction Loans without taks-cuts Commercial-Industrial-Apartments ir Interim Take Out Packages Tr Refinancing Short Term IN CHINO LEHnEY HOMES BEAUTIFUL 3 4 bedroom, 2 full baths-single family homes on large 8000 to 18,900 square foot residential lots.

STANDARD FEATURES include central air conditioning, heavy cedar shake roofs, custom stained hardwood ash cabinetry wardrobes, fully fenced rear yards, quality carpeting throughout, custom brick stone fireplaces. Eight deluxe wood, brick stone exterior elevations to choose from. No Pre-Payment A NEW LOOK Gordon Steen's pole house design features plenty of light, lots of air and various kinds of wood. Since homes are built on poles, they are easily adapted to steep and hilly terrain. Distinguished feature is huge skylight in ceiling.

tSr Const ruction loans from the single family rosick'nco to I hi- regional shopping center. Call (213) 649-4444 Real Estate Loan Dept. 6 Modular Homes to Be Displayed Six modular homes in a landscaped setting will be a major attraction at the 24th annual Manufactured Housing and Recreation Vehicle Show opening to the public Nov. 6 in Dodger Stadium. About 60 mobile homes are expected also to be on display as well as 1,100 recreation vehicles and 200 supplier exhibits, according to cochairman Howard Sherman.

The modular homes are built much the same as are mobile homes but are designed to comply with regular building codes rather than the nationwide federal mobile home standards. They are produced in factories but are designed to be placed on single lots in residential areas and are permanently fixed to foundations, Sherman explained. They will range in size from about 1,000 to about 2,400 square feet, expected to sell from $18,000 to $50,000. The show will be open to the industry only Nov. 3-5 and to the public Nov.

6-14. Concurrently, the Western Mobilehome Assn. will hold an all-day seminar on mobile home parks Nov. 3 at the Hyatt Regency. Information concerning registration and fees may be obtained from the WMA at 921 11th Sacramento, or 4341 Birch Newport Beach.

The Dodger Stadium show is jointly sponsored by the Manufactured Housing Institute and the Recreation Vehicle Industry Assn. Show hours will be noon to 9 p.m. on weekdays and 10 a.m. to 9 p.m. on weekends.

Immediate Occupancy .03 $41,300 Priced from As little as 5 down Hmprial ianli Only a half hour freeway drive from Los Angeles, Orange County. Take Pomona (60) freeway to Chino, Kamona Ave. txit. North on Kamona mile to Philadelphia. Lett on Philadel tSr Century Blvd.

at the San Diego Frwy. P.O. Box 92991 Los Angeles, California 90009 phia mile to Norton. Right on Norton, mile to Lenney homes. Sales office open daily from ten a.m.

Phone lewd BmUpm PravM Cif Smlifs HAWAIIAN STYLE Pole House Has Loads of Woods The pole house design concept, which originated in Hawaii, has spread to Australia, Texas and now California. Except for nuts, bolts and the ceramic tile, builder-designer Gordon Steen's pole houses use virtually only woods, some rough, some refined, some oiled, but all un-painted and unstained. Structural lumber is protected against decay and termites by pressure treatment with "Wolman" salts, a water-borne preservative produced by the Koppers Co. Steen's firm. Pole Houses of California, located at Design Plaza.

202 Newport Center Drive, Newport Beach, offers eight house plans, priced from $50,000 to about 575,000, to be built on the owner's lot. A significant feature of the pole house is a vent duct, a slot installed high in the ceiling area which draws warm air up and promotes fresh-air circulation, thereby partially eliminating the need for expensive mechanical air conditioners. The cooling effect is also enhanced by the ancient Polynesian styling, with high-peaked roofs, wide verandas and elevation off the ground, which encourages hillside construction. ksh Anfcrtactwd DtsJfs, Hm mi UafosM Mlat IttHMmit fwf MTMritf. Ml Cmtm MMtractfM tnm iKCfttlM ft CftSMplsnMf MVfMf ffMI fMf mlfMd mittl.

Pimm nutti, U.S. MM WriM JJL tanfta, Mil IKSSTEHl lUL ESTATE Experienced real estate broker or salesman! A unique opportunity exists with a prestigious 50-year-old Los-Angeles based industrial real estate firm. All replies will be held in strictest confidence. LA. Times Box W-147 Only 5 hemes left TA interest IMMEDIATE OCCUPANCY PRIME RESIDENTIAL Oner if lad will sell ir jolit vei-tire eqiestriai irieitated siifje-fMtNy tottopMit liti strut fiui-cMMrtwr.

Financing available. 7011 ti 1000 twes CM Mr. Hiss J13452-W04 OVER 50 SOLD VIEl'J LOCATION! LOCATION! 6a EetitiM Espies Islssd, Lisi Beach. 24 Unit Condominiums Quality lath plaster construction All Units 2 bdrm, 2 has largo oakeahs, with viows Delux appliances fixtures Poo Subterranean parking full security The location quality construction of this fine building cannot be duplicated today. Just 1 block to Mamitos Bay the Naples Canal.

103 Ravenna Dr. From $61,950 to $77,950 Call owners Agent at 213439-6058 Architect Named From a Times Stalf Writer VENTURA John Carl Warnecke and Associates, San Francisco, will design the new 312-bed jail to be built at the Ventura County government center site in Ventura, the board of supervisors decided. The firm designed the county administration building and hall of justice now under construction on the site. The jail construction cost is S20.9 million and the fees of Warnecke Associates and Turner Construction hired as construction manager, will be an additional $2.7 million. Dominguez Hills Offers Environmental Program California State College, Dominguez Hills, is offering a master's degree program in environmental studies aimed at persons engaged in real estate development, city and urban planners, environmental attorneys and similar professions.

Curtis L. Groninga, director of extended programs at the college, said that the MSES program "seeks to assist those working professionals to keep pace with the changing legislative, social and business attitudes regarding the physical environment." More information on the program can be obtained by writing him at the college, 1000 E. Victoria Dominguez Hills 90747. Zimmer to Be Honored Max Zimmer, a Los Angeles building contractor, developer and philanthropist, will receive the Jerusalem Award of Shaare Zedek Hospital in Jerusalem tonight at a dinner at the Beverly Hilton. Sen.

Henry M. Jackson is expected to be the principal speaker at the dinner, according to Jona Gold-rich and Mrs. J. Louis Freibrun, heading the event. The award is in recognition of Zimmer's half-century of community service, including the founding of the forerunner of Cedars-Sinai Medical Center, Brandeis Camp Institute, the first Hebrew school for Children in Los Angeles and American Friends of Hebrew University.

Fully improved. to 1 acre. In the new custom home community oft VMTJUU Bordering the (airways of Lorn as Santa Fo Country Club in SCLAKA BEACH Lomas Santa Fe Dr. at Highland Dr. 7J4)755-5588 From The spacious 4 bedroom, 2 bath homes of Main Street have been selling so fast, we don't expect to have any homes left very soon.

"7.75 A.P.R. for a limited time only Models open daily 10 a.m. till dusk. (213)367-1137 vS. riiv rc TSZST VALENCIA M4PMH III MM! North on San Diego or Golden State Fwy.

to Valencia right on Valencia to Bouquet Canyon, left on Bouquet to Seco Canyon, left on Seco to JUUL 1 I EQUAL HOUSING OPPORTUNITY Pamplico, right to Sales Office Preview Showing of New Homesites The Baldwin Company officially announces that on November 6. 1976, reservations will be accepted for new homes at North Hills in the city of Brea. Come out today and examine the plans for these single family luxury homes in a recreation community. You're on top of the world in these beautiful tovnehomes! 1 -fr You'll look down on panoramic views of this beautiful Valencia-Saugus area. You'll enjoy the real space of plans with 2 to 3 bedrooms, l1 2'to 21 2 baths, family rooms, indoor laundry areas, your own private fenced patio and a covered carport as well as enclosed garage.

And you'll discover new free hours to spend at the Vista Bouquet pool, cabana and game court because all exteriors and landscaping are professionally maintained. See these new plans, in a new section, priced now from $42,950. As little as 5 down. From Los Anaeles: Take Golden rt'i i Conception State Fwy (5) north to Valencia MS I HOI Ol I A. right on Valencia to Bouquet Canyon Rd.

Turn left on 3rd AND FINAL PHASE Bouquet Canyon to I Tennis and (1VnS Swim Club 1 77VV Homes fo in the hills of Brea 1 ft. 3-4 5 bedroom homes Yj lmn'mn from $73,500 fl POMONA FW (601 I II li- rULLERTON RO. Woodcrest 0 MODELS A I North Hills la wHirfimatvp.jj 1 HABRA BLV0' Y' IA HABRA bR(A I 1 3 LAMBERT Ss JT IMPERIAL Hm. JX FUUERION na li- Seco Canyon Kd. 26 Luxury 3 Bedroom town-homes (1,969 sq.

ft.) trom 6kndolNX.vjJii.Sh,, then the first right on Garzota and follow signs to models. (805) 255-7551. IwMllJ MOOElsV IQUAL HOUSING IIUIWY Breathtaking panoramic views High on a hill, surrounded by beautiful La Canada Country Club Golf, tennis, swimming, hunting 4 skiing are only minutes away And of course, all the custom features you expect in a prestige home: air conditioning, fireplaces, wall-to-wall carpeting throughout and much more. Map nol lo scl PoKXteno- (213) 790-4957 The Baldwin Company Craftsmanship in Building Since 1956 McKeon Construction.