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The Los Angeles Times from Los Angeles, California • 53

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Los Angeles, California
Issue Date:
Page:
53
Extracted Article Text (OCR)

2Vngclcifc3SSEC7rt mcsr SUNDAY. 'MORNING. DECEMBER 27, 1936. PART V. 3 GLENDALE STRUCTURE PURCHASED PICTURESQUE NEW CORNER Expansion of Desmond Store Home Type Trend Shown Planned i i Jv i 1 Financing Ability of Families Compared in National Analysis Start of an extensive expansion program at Desmond's Seventh and Hope street store immediately after the first of the year h3s been announced by Ralph R.

Huesman, president of Des Til mond's. I Hi- i The expansion will add 15,000 1 i square feet to the store, which Is the second largest of the Des vM vJ i 1 XV 1 at! Showing that there are diffcf" nces of as much as $1000 in the type of homo which families with the same incomes can own successfully, depending on the city In which they live, the Unit mond downtown stores. The addition will enlarge the stor? EXCHANGE your scattered properties For BIG INCOME 5 i Furnished, 5 0 Units, Concrete garages, Big Lot, Fine Location, New and Splendid financing. SURE FOR ENHANCEMENT Here is your opportunity to recover your losses. ed States Building and Loan more than two-thirds its present i size.

In the lease negotiation' Lcaeue has indicated some fao necessary for the expansion the store was represented by How tors which determine the trend. The league has completed an analvsls of the cities in the Financial Survey of Urban Housing in conjunction with the per Purchase of the above shown property, at 1417 Highland avenue, Glendale, by the Oxford-Associated Corporation from Joseph Eudemuller for $35,000 was one of the interesting realty deals announced during the week. This is the third Income property recently purchased by the The transaction was conducted by Eddy D. Field, realty dealers. capita savings, building and loan I PI? i association assets in eacn.

I i Jtf iff Morton Bodfish, executive vice- 7-t In Vigorous Building Activity Slated at Oak-Adorned Tract Banner Year for Suburban Home Construction Seen ard B. Lawson of Howard B. Lawson while Fred M. Keller of the H. W.

Keller organization represented the lessors. The improvement work will be under direction of Burke and Korber. The new departments are expected to be ready for occupancy March 1. This expansion will mark the third Important change made in the store which was opened in 1D28. The new store will feature a much larger shop for women on the main floor, a larger sportswear department for men and also will have more space forv men's other apparel.

There will be two complete sales floors besides a full mezzanine. Many new ideas in window treat president of the league, said that yardsticks for measuring how much property value a certain family income can purchase successfully always he found fault' when tried in the human sphere, FACTS BROUGHT OUT' "The data in the survey are particularly significant where they show that families of incomes between $1000 and $1500 annually could own homes in cities up to at leas 500,000 population on the average, paying as 5100 Wilshire Blvd. OR. 1141 Establish WIS New residence construction at Ran ho Santa Anita, oak adorned park-like area of the famous "Lucky" Baldwin Ranch on Foothill Boulevard, east of Pasadena, is expected to exceed $100,000 during the next few months, according to Raymond Suburban home construction during 1037 will far outrank that of any one of the last five years, in the opinion of Edgar Selec-man, realty broker, who has Just Architectural Board controlling architecture in the tract. Homeowners and architects heartily approve the restrictions in effect at Rancho Santa Anita.

Instead of specifying cost, the restrictions provide for architectural control and a minimum square-foot area for each residence. It is felt that this offers assurance of homes of pleasing design in every case yet permits the erection of residences of moderate size. The above gateway and rural Mexican church structure, partly shown, at the corner of Wilshire Boulevard and Alexandria avenue, are among the many features of the Spanish-type pueblo, including ten bungalows, constructed on the north side of the boulevard between Alexandria and Mariposa avenues. The pueblo is a addition to the Chapman Park Hotel. The church and gateway form one of the most picturesque corners on the boulevard.

much as 3.3 times their annual A. Dorn Company, recently ap completed a study of residential building activity in subdivisions ment, interior detail and store operation will be utilized, it was income for the property," he explained. said. Cities where families have been trained in thrift habits and i i a a vii 1 1 pointed agents for the tract. Construction will start this week on a distinctive rural-type residence.

It has been designed by Architect Gordon B. Kaufmann to take full advantage of the wide, acre lot and the ftf-i under his sales direction. In a period of approximately two years, the study shows, a total of 246 homes have been completed in these tracts which are situated in the San Fernando New Building especially where this training has been Inculcated through in Rancho Santa Anita can be reached by driving east from Pasadena on Foothill Boulevard at Wesfwood -Near Completion to the tract office at the corner of Dexter avenue. Southland F.H.A. Business Sights $100,000,000 This Year teen huge old oaks gracing the site.

The residence will cost approximately $15,000 and will be typical of the numerous homes proposed for immediate construction in the tract. Valley, Pasadena, Long Beach and other localities. Being built in the subdivisions at present are fifty-nine homes, while fifty more are being planned for early construction, it was found. Completion of a two-story bus iness building at 1056 Westwood stitutions which provide for a home on the installment plan seem to have the best showing in providing a high standard of home for persons with incomes under $2000 a year, It was indicated. The findings were, for example, that a family with an income of $1250 a year on the average could manage to keep possession as owner-occupant of a $4500 home in a group of cities who.se building and loan per capita was $80, but that the same income in a group of cities with $61.30 per capita in building and loan allows for only a $3500 FJoulevard in Westwood Village Is nearing, according to Janss Investment Corporation.

Land "The total of Modernization and Repair Credit notes Insured for lending institutions in the Southern California district and the dollar volume of Insured Mortgage Home financing appli Fontana School to Have New Unit and building represent an es timated investment of $60,000. 't. srUUIIIILL INCOME ORCHARDS Art located in the Whittier-Li Hjbri Foothill district about twenty miles east of downtown Lot Angeles. It ii being told in small, medium, or large tracts either implanted or planted to avocado or citrus orchards. Twenty-six hundred of the 3,700 acres in this development have already been sold and developed to orchard and many homes have been erected and occupied by satisfied purchasers.

There it also an eighteen-hole all-grass golf course with modern Club House in the center of this development. Prices in keeping with present-day conditions and values. Terms reasonable. Experienced, economical orchard development and care service also provided. Beautifully illustrated Descriptive folder request.

Ute th Coupon cations will reach the total of Formal opening is scheduled Record Growth Seen for Glendale Glendale is looking forward to greater residential growth dur-in 1037 than in any year of the preceding ten ears, according to a study by K. Palmer Tucker, vice-president and general sales manager, G. D. Robertson developers of the Glendale Park subdivision. $100,000,000 December 31," according to F.

W. Mar low, Southern California Federal Housing Administration director. "Already In excess of $.16,500,. 000 of Title 1 Modernization notes have been reported to Washington by Southern California lending institutions and there have been filed with us for insurance home finance loan applications with a dollar volume of $56,592,000.. "Applications are being re The residence is to contain eight rooms including four bedrooms and four baths.

It is of rambling, one-story design and especially well adapted to the locality. Extended mountain view will be had from practically every room. The living-room is designed with three mountain-view exposures. Construction has been started on the residence of Mr. and Mrs.

John Riley, who will occupy their new Rancho Santa Anita, home immediately upon its com-1 within three weeks, The building is to be occupied Four New Homes Construction is expected to be started early in January on a junior high school auditorium by the J. C. Penney Company. In addition to first and second at Fontana, estimated to cost floor, the 60xll5-foot structure approximately $72,700. will have a basement.

Architect home in general. "Two groups of the cities ln where we would expect to find YlcWPaiK 10 living costs proportionately higher in the main, because they ii rt Hugh D. Cook, sales managers Gordon B. Kaufmann has designed the structure to conform ceived at the rate of fifty-six of Fontana Farms Company, announced that bids will be opened December 28 in the oflice of the superintendent of schools at per day, totaling approximately were large population centers, i I fiCT jlJM The study was made with a plction. Numerous other plans being completed by prominent architects will be submitted to the Fontana, and that work on the project will be speeded.

Tlans for the Class A struc permitted families to own more pretentious homos than those with the same income in the groups of cities a classification smaller In population," Mr. Bodfish paid. New Residence architecturally with other buildings in Westwood Village, Construction of a $50,000 store building at 1073 Broxton avenue by Westwood Mortgage and Investment Company is well under way, according to Architect Allen G. Siple. The new structure will contain two stores, and Is expected to be completed within sixty days.

Cement is being poured for the new International Geo dwin C.Hartlnc Four, now homos to cost approximately $31,500 were started in Viewpark last week, while plans also were approved by the Los Angeles Investment Company's building committee for a business structure on Crenshaw Boulevard. A two-story business building is being built on Crenshaw Bou ture wore drawn by Architects Marsh, Smith and Powell of Los Angeles, and specify a ground area 100x106 feet, and a seating capacity of 800, a quarter of a million dollars," said Director Marlow. The volume of Title I loans is expected to increase very materially because under the terms of the National Housing Act, March 31, 1037, is the last day that such advances of credit will be insured by the F.H.A. It is expected that thousands of property owners, both residential and income, will avail themselves of the low rate and easy terms, while the insurance is stiil available, he pointed out. 1 I view to ascertaining the trend of growth in the community and the prospects for increased population and improved business conditions there.

Grading of streets has been started in Glendale Path's second unit of 170 lots ahead of schedule because of the Interest manifest, it was announced. Sales have taken on new momentum also in the tract despite the nor-: maliy slack holiday season, Mr. Tucker stated. 7.24 Van Nun WaiV Ti le pnonc Fact and Comment BUILDING TRINITV452I 22 10J AHOtllS CALIFORNIA Please end me your Free lllua. trated Habra Heights folder.

Name Address physics, building on a forty, foot site at 1061 Gayley avenue, A two-story, nine-room $12,000 residence is to be built at 1036 Meadowbrook avenue, Altadena, for Dr. C. V. Jones. William Harbor the architect.

at the western side of the Village. T-12 7-3S to Be Built for Film Player A $16,000 residence Is to be built at 400 Parkwood Drive, West Los Angeles, for Charles Butterworth, motion-picture and radio comedian. Lloyd Wright is the architect and William C. Warmington is the builder. Plans provide for a two-story rooms, It was designed by Architect 1 Floyd Pvible.

Market Planned Plans have been completed for Construction is under way on a two-story, ten-room, $15,000 a $12,000 market structure to be residence at 9870 Carmelita avenue, Beverly Hills, for E. B. built at 6404 Van Nuys Boulevard, Van Nuys, for the Mart-mor Realty Company. Dupar. Continued from First Tag a similar synchronization of the f-ignals on Figucroa, Hill, Broadway and Spring street from First street to about Eighth or Ninth street, with no right-hand turns permitted during the east-wpyt flow.

The traffic authorities may find it interesting. LOOK KD FOR Developments to be looked for here in the coming year: A further rise in realty price levels. Rental rate increases. Large new increase in home building. Large new influx of residents and investors.

Possible construction of several height-limit buildings. New rapid-transit -projects. Solution of various difficult traffic problems. C. C.

C. 1.1,1 Ii) $l) Ml. 1 1 J)) i Are Jluijinj levard between Forty-eighth street and Vernon avenue for Mrs. Sarah Barnett. it was reported by R.

F. Ingold, president of the investment company. Other construction activities include; A one and one-half story Monterey-type dwelling on Chanson Drive, for Benjamin Vaughn; a two-story, eight-room South American Spanish-style residence on Angeles Vista Boulevard for Alonzo W. Morris; a one-story, six-room Monterey-type home on Victoria avenue for Dr. Lawrence U.

Miller, and a one-story, seven-room Monterey-type dwelling and three-car garage with maid's room, on Angeles Vista Boulevard, for Mrs. Lena S. Castle. Homes Purchased Before Completion fit vm v- va -4- t' A 8 i If I nl I x. 9 If I A1- -Li 'I "Homes are being purchased at every stage of construction and practically none remains unsold thirty clays after completion." This is the high light of a report by William T.

Richardson, president of the Western Building Company, subdivides and developers of the West Boule i 1 57,500 In yearsno real estate development has attracted the interest of such discriminating people as has Rancho Santa Anita, People of taste and with an appreciation of the many uncqualcd features offered through the development of this oak-studded park area of the famous Baldwin Ranch People who sense the romance of this place who desire to live among California's oldest oaks who prefer winding drives to straight streets people who require distinctive architecture in moderate-size liomes who have for years sought this rural atmosphere and now find it here within but 30 minutes from downtown Los Angeles Your friends, and others you would be pleased to have as friends Yet all this at a minimum cost. Furniture Company Raises Pay Rate A $3 per eight-hour day minimum, effective as of December 35, has been announced by the Gillespie Furniture Company. This new minimum affects every employee of the company, Forest Gillespie, president, stated. The new wage brings 15 per cent of the employees up to the new minimum and the remaining 85 per cent of the workers continue to receive in excess of that amount according to; their capacity, Mr. Gillespie explained.

The new minimum wage, it is pointed out, is almost double the one dictated by the N.U.A., which specified a 34 cents per hour or $2.72 for an eight-hour day minimum Jn the furniture industry. vard Heights tract at West Boulevard and Sixty-third street. fHIS artistically designed n-room New England Colonial home, with its site of approximately one-half acre, ideally meets the increasing demand for the "small estate home." The location is This rapid sale of new dwellings is evidence of the acute housing shortage prevailing throughout the Los Angeles metropolitan area, he said. Of twenty-five homes now going up at West Boulevard Heights, six already have been purchased, several while in the foundation stage. particularly desirable, being hut one block south of scenic Sunset Boulevard in beautiful 'etftwood Hills Such is RANCHO SANTA ANITA! PRICES are adjusted below market value and start" as low as $20 PER FRONT FOOT jor a limited period only! Both exterior and interior faithfully adhere to the Colonial, with only such changes as are necessary to give the most in modern living comfort.

The six bedrooms arc all of ample size. The large play room above the garage the brick terrace overlooking beautiful gardens offer opportunities for novel entertaining. Ample space is available for badminton court and wimming pool if desired. This charming home will be open for inspection daily for a limited period. The address is 10449 Bainbridge Avenue (1 block west of Beverly Glen 1 block south of Sunset Boulevard).

i ii Building Activity Seen in East Area According to figures for the first eleven months of 1936 compiled under direction of C. G. FitzGerald, vice-president of the Hamilton Sales Corporation, the Bella Vista area will wind up the year with a creditable showing of construction activity. The analysis shows that In five surrounding communities Residential Rents are UP 8 Thi ii just tht city iverajge for the ht tlx months. Hollywood rent levels lire eveif higher.

If you ire tired of paying rent, we cn help you buy or build your own home on easy FHA terms. C. E. TOBERMAN CO. ytri in tiollKai" V' 8733 HofrywodsT i3lvi.

Hollywood HE. 4141 IkymonA.D To Reach Rancho Santa Anita Jrive east from I IVistiddM Mi Foothill I I Boulevard beyond I Sierra Mad re Avenue to tract office. ornio eveloper tt JvV Full Information icwi we st wdoo: 1 CBESTViewoiitj Any Janss Office Full Information Any Janss Office WaMlea 5191. fas the construction increase -vcr -thw-rrespoivi-T ing period of Monterey! Park's gain was 128 per cent and! Jlontebello 10S per cent W0.62U1 CR OHJ W.1..A.31105 I ill i lViy it lit! in, itiMt lit i.

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Pages Available:
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Years Available:
1881-2024