The Los Angeles Times from Los Angeles, California • 107

REAL ESTATE AUTOMOBILES PART 5 VOL LXIX SUNDAY MORNING, FEBRUARY 12, 1950 ALL THE NEWS ALL THE TIME A. A. Ml. -J '50 Building Activity LARGE APARTMENT PROJECT STARTED Wilshire and Beverly Glen 10-Story Structure to Have 146 Units With Far-Reaching Views Ground has been broken at the northwest corner of Wilshire and Beverly Glen Blvds. for one of the largest and most luxurious apartment structures in Southern California, it was announced yesterday.

The project, with cost of the land, represents investment of about $1,500,000. 1v Gets Jump on l49 Trend in Year's First Month Hints New Southland Record May Be Set BY CHARLES COHAX Southern California saw a trend of building activity in the first month of 1950 that may presage a new record for the Southland this year. Indicating the new surge of construction was the fact that 56 Southland localities alone issued $66,778,487 worth of building permits in January, marking an increase of $14,338,969 over the total for the similar The 10-story structure will f5 have 146 one and two bedroom apartments. Ita setting will be a beautiful garden and it will be provided with swimming pool, lobby, coffee shop, large subterranean garage with at -at il 1 month last year. T' tendant service, and many other Board's Realty 4a i i 2 Ait items of utility and convenience I Garden.

Spacious The Los Angeles total of 731,398 last month exceeded this city's aggregate- for January, 1949, by $5,940,439, an increase all the more significant because "1 SC Offers Realty Managing Class "The RealEstate Management" -is. the title of an evening course being offered by the University of-Southern California. It carries regular university credit, the announcement stated. The course is being conducted by S. V.

Beach, president, Real Estate Management Co. and chairman of the education committee of the National Institute of Real Estate Management, and Henry G. Beaumont, president, The Beaumont Co. and member of the executive tional Institute of Real Estate Management, former director Los Angeles Realty Board and director Apartment Association of Los Angeles County, Inc. Exotic and luxuriant plants and tall, graceful palms are part 9 Plans Banquet rtS5yJ5sy-'5r5K-1 i i 1 Tablo on Page 4, Part of the landscape design.

The spa cious garden area will afford out door living and recreational for tenants. Description of the building dis Now Readied of the fact that Los Angeles' building-permit valuation total for all of last year was second greatest in this city's history. closes that the major portion of the structure will rise on columns, permitting complete cir READY FOR CONSTRUCTION The 10-story apartment building shown in picture above is to be built at the northwest corner of Wilshire and Beverly Glen Blvds. The investment, with land cost, totals about $1,500,000. The project is owned by the Cordingly-Sherman Corp.

of Beverly Hills. Martin Stern architect, designed the structure which is of contemporary South American style. The William J. Moron Co. is the contractor for it.

Completion of plans for the 47th annual inaugural banquet of the Los Angeles Realty Board, in the Embassy Room of the Ambassador have been announced by R. F. Ingold, chairman of the banquet committee. Neil Petree, president of Barker Bros, and vice-president of the California State Chamber of Commerce, will be toastmaster. This year's officers of the board to be installed are James M.

Udall, president; C. Dean Glover, Marcus D. Fitzsimmons, Hubert A. Boisvert, vice-presidents; Philip M. Rea, retiring president, treasurer, and Earl S.

Anderson, executive secre-tarj. McDonald fo Speak Edwin C. McDonald of New York, vice-president of the Metropolitan Life Insurance will be the guest speaker. His subject will be "Can Private Enterprise Do the Job?" McDonald is a graduate of Culver Mili-i tary Academy and Ohio State University. The program also will feature Turn to Page 3, Column 7 With such a start as was made here in 1950's initial month in issuance of building permits, a new record may be set by Los Angeles this year.

Dwellings liead" Of the 4415 building permits issued here last month, 13S4, totaling $9,891,155, were for single-family dwellings; 112 permits, $1,571,880, for multiple dwellings and 86 permits, $4,150,350, for apartment buildings. Thus the dwelling units authorized here last month are sufficient to house 2507 families, or about 8770 persons. A remarkable increase was recorded by Compton. Extensive home building activities in the area brought that city's January permit total to $3,639,622,: or $3,360,682 more than Compton3 aggregate for January, 1949: Among the cities registering large increases were Beverly Hills, Long Beach, San Diego, Glendale, Burbank, San Bernardino, Riverside and Ontario. Building activity in the unin- Turn to Page 2, Column 49 Coast Area Dwellings Sold Preconstruction sale of 49 homes in Pacific Palisades in less than three weeks was reported by James H.

Milliard, sales manager for Palisades Builders. This is believed to be a record, the announcement said, for homes in the 3,000 price bracket in that locality. It includes all but 10 of the 59 view-lots in Sunset Highlands, a new subdivision in the sea-view area just above the famed Bernheimer Chinese Gardens on the rim of the Palisades. Victor Girard, executive head of Palisades Builders, attributes culation throughout and providing large covered breezeways for automobile loading. This method of construction, it was explained, will give a special impression of spaciousness and air.

Only the main lobby and administration facilities will be on the first floor. The Cordingly-Sherman Corp. of 405 Bedford Drive, Beverly Hills, which is owner of the project and will operate it, has set the occupancy date approximately a year from now. The corporation also is arranging for management details and for leasing. Balconies Planned Martin Stern architect, prepared the plans for the building, which i3 designed in contemporary South American -style.

Financial arrangements for the project were handled by the Alison Co. of Beverly Hills. William J. Moran Co. is the contractor for the project, for which the engineering was done by Richard Bradshaw in conjunction with the Presan Corp.

With its location on a high site, conveniently near the center of Beverly Hills and West- i I I MM E- s- -J j. i- -w. 1 3 I the sale success to careful Twenty-seven different plans are available. All homes have PAC IFIC SSAPES forced air heat, sliding walls of solid glass, many kitchen extras and other features. Ten houses are itow under construction with all 59 scheduled for completion by June 1.

BOUGHT BY MOVIE STAR Pictured here is the 10-room Williamsburg Colonial-style residence at 807 Rodeo Drive, Beverly Hills, recently bought by George Mur- phy, motion-picture star, and Mrs. Murphy, from Alberto Behar. The George Elkins Co. represented the seller. Lawrence Block represented the buyers.

Los Angeles' Most Beautiful Residential Community wood Village, the structure will command wide views as far as the ocean and the Los Angeles City Hall, from any of the apartment floors. Many of the apartments will have outside balconies. The site has 220-foot frontage cn Wilshire Blvd. and 400 feet on Beverly Glen Blvd. EZ3 "A home town within a city aldwin Hills at 606 Hill with other branch offices in Pasadena and Inglewood.

Staff3 and facilities of both West Side offices' now will operate from the firm's new building at 345 Canon Drive. The merg er wa3 made, officials said, to provide a central headquarters for the firm's Beverly Hills and Wilshire real estate activities. Before consolidating recently, the two offices reported a heavy sales volume during January. Firm Combines Realty Offices Beverly Hills and Miracle Mile offices of W. I.

Hollingsworth realtors, have been consolidated in one headquarters, it was announced yesterday. The company's main offices are RESIDENTIAL INCOME FULLY IMPROVED SITES The last group of choice income sites in Baldwin Hills within 7 mile radius of downtown Los Angeles anieli Buili Mode! Land Farm Ownership Eighty-five per cent of the nation's 1,100,000,000 acres of farm land is owned by individuals, and nearly 80 of these individuals are farmers or retired farmers, the Department of Agriculture reported. Open 1 1 a.m.-S p.m. Daily Except Friday WE HAVE EVERYTHING AVAILABLE IN THIS AREA EXAMPLES 1 642 BAYLOR STREET. 3 bedrooms.

Price $11,950. Gl loan balance $8500. 50x138 level, landscaped lot. Drive out Sunset Blvd. I rnie beyond Pacific Palisades shopping center to Baylor and turn left (toward the ocean).

O. Dramatic new rustic moderne home. 75 foot level lot. 1700 square feet, 3 bedrooms, 2 bath. Asking $19,500.

Outstanding terms. One of the most unusual homes you have ever seen. Ask at office. Urn 3. APOLOGY 516.500.

ONE ONLY. This is th last fine home left unsold in our most recent development. 3 bedrooms, 2 baths, 2 fireplaces. Forced air heat. Every conceivable built-in extra.

Level 60 foot lot. 1600 square feet. A "HOT" BUY. COMPLETE OVER ALL SELECTION OF BEST REMAINING VALUES IN LEVEL, IRREPLACEABLE, VIEW LOTS. COMPLETE BUILDING AND FINANCING SERVICE.

SANTA ANITA OAKS, 557 Foothill Arcadia 2113 ft. plus Gorage On Your Lot $19,300 SAN MARINO 1266 HUNTINGTON DR. 2028 ft. plus Garago On Your Lof $18,200 Open Soon New Models in Colorado Oaks SEEING IS BELIEVING1 Judge for yourself. Visit these model homes today.

Compare the quality workmanship and low prices. We build in Long Beach, Downey, Glendora, Pasadena, La Canada and adjacent areas. Come in today and we'll talk over your building needs. A COMPLETE BUILDING SERVICE ESTABLISHED OVER 30 YEARS 4. A CHENSHAW BLVD.

Thfrfy Million Dollar Shopping Center SPACIOUS HOiViESITES Average Size 90x160 Luxurious living is a natural American ambition who want the comforts and refinements of a country-like state can fulfill their: most cherished wishes in th Southland's NfWfSTand LARGEST estate-type community PALISADES BUILDERS Adjacent to the $30,000,000 Crenshaw-Santa Barbara Shopping Center 4 I 17315 Sunset Blvd. TExas 0-4517 Santa Monica 5-6166 rVVAftrVVVVUVVVVVVUVWVVVVV A limited number of (R4) view lots AH improvements are in and paid for Approved for FHA financing Immediately adjacent to new schools, recreation center and churches A UN CI THE OPENING OF BRadshaw 2-4120 (No eye-smarting smog) (Only 25 mon'nJ Call or write: CAL-WIDE, INC. 3794 Santa Rosalia Los Angeles 8, California DEVELOPMENT SSOCUTES in beautiful new COLORADO OAKS Everything that shrewd homeownert demand today security, convenience, good neighbors now and tomorrow plus the advantages of fine schools, recreation, ihep-ping and easy transportation! Not in some ancient, outmoded location but in ultra-smart Rancho Santa Anita! 1500 sq. ft. minimum restrictionssewers and oil utilities in and paid.

Come out today and see these big view lots for yourself. Reasonable Prices! Reasonable Restrictions! No Assessments! A FEW SCATTERED BUT HIGHLY DESIRABLE LOTS FOR SALE IN THE OLD RANCHO of price yew cannot afford to pose upl ROYALOAKS THE NEW ESTATES OF SHERMAN i WOODS Wide Frontage Sites (ioto 250 to achi th wtmett in privacy, pae and qoi. All Utilities art Underground to prrv mot unusual scenic charm beauty. Protective Restrictions and conscientious architectural control assures highest standards of environment. LUXURY WITHOUT I EXTRAVAGANCE available to you on this typical oak clad site 170' MAKE NO DECISION UNTIL YOU'VE SEEN ROYAL OAKS! A PLANNED COMMUNITY OF 550 New 2 3 Bedroom HOMES NOW OFFERING UNIT NO.

1 TO VETERANS Direcfiom: From Los Angetes 4 Hollywood, drive Cahuenga Freeway and Ventura Blvd. fo Woodman ve. Torn right on Woodman fo Woodman Square end Bradford St. 0 gay Rolling Hills subdivision with I2-acre larger Lots, big enough for i a family stable Ansihsr EARL WHITE Development MOSS BUILT HOMES Are built on contract for lot owners desiring distinction, charm and durability. PRICES RANGE FROM $10,000 TO $100,000 Every home an individual creation Over 4000 satisfied owners in Bel-Air Encino Brentwood Greater Los Angeles and San Fernando Valley A "MOSS BUILT" HOME Is the ultimate goal of everyone who sees one Model Homes Open Daily Only in Westfield Can YOU Buy and Build with the BEST construction financing ever offered civilians A Cl's NEW OumTtC A 3 USE THE TO BUILD LOAN HOME YOU rHQ 11 $80 Basie Price, only C0lCJBO0I per Sq.

Ft. Out Poofie Ceott Highway, touth en Hawthorn, Cranshow, Narbgnnt, Wctttrn or Vermont to Polos Vrde Oriv to wett of Cremhow. JOHN R.P0SS frem 6795 00 l.A. arna lot. Monthly povmnrs about $37.00 includa lorg living room.

Hmotte, 2 bsdrooms with wardrobo closets, til in kitchen and both, hardwood floors, garaq, driv, walk, svr connecfion, shades, screens and your choice of decorating throughout. Up to 1004 construction financing with only $50.00 cosh required for impounds. Liberal FHA terms for others on 2 and bedroom LANCER homes from $5995.00 $250.00 down $37.35 Mo. Softs Ao.nt omcf: SEPUIVEOA BIVD. 1 Mill SOUTH 9 12' (toward bilU) FROM VENTURA STote 40140 44636 Some high quality standards reqordless of size of home.

Our own lets available in Bel-Air Brentwood and Sherman Oaks Come in doily or Sunday 9 a.m. to 5 p.m. or phone for evening; appointment. Exhibit homes aways open fo the public. MOSS CONSTRUCTION CO.

14901 Magnolia Van Nwys (J fefeeb wosf of Van Nays Blvd.) STate 49944 STanley 74330 STate 46110 2500 PHONES W. COMMONWEALTH ALHAMBRA Opsn Sundays Tel. DOuglas 1-8118 RANCHO SANTA ANITA, INC. Owners and Developers 104J W. Huntington Or.

at Sunset, Arcadia Geergt S. Denbo exclusive agent 3700 Poo Verdet North Phono: frontier 7J4J UV'l CU. 3-31051 AT. 4-3211 Open Daily 9 3 Sat. 9-1 Sunday Noon-5 Evenings by Appt..