Los Angeles Evening Express from Los Angeles, California • 22

LOS ANGELES EVENING EXPRESS SATURDAY APRIL 15 1922 22 CAN BUY LAND ON Golf Course Unit Of Angeles Vista JANSS CO CELEBRATES TWENTY-FIRST BIRTHDAY PICO STREET MANOR OLD SPANISH GRANT OPENED A ER Heights Sells Fast SMALL PAYMENTS With a rush for lots at Belvs-dsre Gardens that promises to make April one) of the big-rest months sines ths opening of this remarkable property on the eastern edge of the city the Janss Investment FESTIVAL company owners and subdlvldcrs are celebrating the completion of 21 Believing that the desire to' own a piece of land and eventually a home Is felt strongly by very many working and salaried men and women who cannot afford to pay a lump aum down Charles Hopper subdlvlder of South Park Gardens on Harbor boulevard and Magnolia Park on Long Beach boulevard has evolved a new plan to extend a helpful hand to those bo situated Under this flrrnnirmivit 4 htAmii years of activity In Los Angeles company thousands of people of the working class are today living in comfortable homes with healthful surroundings Instead of crowded tenement Quarters The first big tract known as Belvedere Heights now Includes nearly 6000 homes Since February of last year when the first deal for the purchase of Belvedere Gardens was closed the Janss Investment company has purchased and acquired $1048000 worth of land from the famous historic Rancho Laguna Unit after unit of this old Spanish holding has been opened so that today the entire Belvedere Gardens district Is a hive of activity with business structures g'olng up almost as rapidly as the little houses Among other notable activities of the Janss Investment company Is the sale of Los Kellz square and "New" Los Fells square where II-000000 worth of exclusive Hollywood homesltes have been sold dur ana ouumern California was 21 years ago today tht Dr Peter Janss opened a smnll real estate office In one of the old office buildings in this city and commenced development work that has "Oolf course unit" of Ang-elei Vista Heights across th road from scenic Angeles Vista Heights rolf course Is selling "with amulng-rapldlty and will soon be all according to Harrison sTn-eral manager of the Los Angeles Investment Company "Convenient proximity to the links" he continued "added to) the fact that Angeles Vtata Heights of which golf course unit Is a part furnishes the only opportunity for a home on the eastern slopes of the Baldwin hills is responsible for the rapid sales "From the homes on these gentle slopes lying between the city and the sea one may view the entire country from Beverly on the west to Baldy on the east "In golf course unit we are building homes ranging In price from 4500 up on p'ans entirely different from vet in harmony with those residences which already have made the district a show place" hear of 15 acres of farm land being-bought by cable" says Mr Julius Hauser speaking of the Pico ritreet Manor subdivision of the Hauser estate property "Hut one time I needed Borne land for pasturing cattle and the nearest available property was owned by a Frenchman a real Frenchman who lived In Franee EASILY TRANSACTED "I cabled him my offer he cabled his a'ceptunce and the entire negotiations were curried through almost as easily as If lie had lived next door Instead of 6000 miles away" Robertson of Robertson Company Inc says: "If that Frenchman know what his property was going to be worth five years from now he would cable over an offer to buy It hack and hold it for the rise "Property values along Pico street have advanced 300 to 400 per cent In the last f'W years and I be-leve they will continue to advance for years to come" Antonio Urortdoa no piker rhen It cams to real estate Ha wned H00 acres Just southwest of what there waa of Lea Angeles In the early eighties It Is probable that he bought moBt of this property from Pto Pico of historical fame who had large land grants from the Spanish crown The Hauser ranch now being-subdivided by Rtbertson Company Inc la a small part of the Urofldos property and the first subdivision la named Pico Street Manor In honor of Plo Pico and of the splendid street that also bears his name RAPIDLY IMPROVED "Pico Street Manor will be rap-Idly Improved" says fl Robertson "Surfaced streets cement sidewalks and curbs electroliers shade trees and water mains will be Installed as fast as men mules and machinery can work" "Of course" says Mr Robertson "the cost of thefi Improvements in Included In the price of lots" "It Isn't very iften that you'll A COLORFUL PARADE OF YOUTH IN ALL ITS GLORY provided homes for thousands of a comparatively easy matter he 10000 KIDDIES people who would otherwise have been unable to purchase on account of their limited Incomes The first activity of the Janss Investment company was in what Is known as Belvedere Heights at that time a vacant piece of acreage forming the eastern boundary of the city nd today the residence place of 30000 or 40000 people says for anyone to obtain either a half-acre or a quarter-acre plot on property he controls by paying In small monthly sums which include both principal and Interest While the merit and nractlcal ing the past 12 months a- mona Acres where a population i closje to 25000 people is located on i- 11 Kv V1a 49 SUBDIVISIONS value of movement urging- people to own their own homes cannot be gainsaid Mr' Hopper points out vet AO wauio buiu wjr i Yurba Linda where 4000 acres ol In this brief space of one generation the Janss Investment company has successfully marketed 49 sub WILL PARTICIPATE 2:30 PM SUNDAY to do so Is almost an Impossibility raw land were transformed i rXIIIXTXTIIIIXXXXglXXXXIXXXIXXXIXXXIIXIlXlli Southern California Imperial valley farm lands Han iireniii 1 Van Nuys-Lankershim lands where arrviximateiy divisions in Ijos Angeles its suburbs and the farming sections of Southern California This company has transacted an aggregate volume of business running Into the tens of millions Today the company under the management of the founder's sons Dr Edwin Janss and Harold Janss is One of the most Better to say: Hie uoiuiiBiiy $10000000 worth of property ana in many deserving cases unless the way Is made easy' Expenditures have a habit of closely approximating income with most wage-earning citizens making it difficult to ay aside enough to buy even a building lot Yet If given the proper opportunity a great many people can afford to set aside a email pro-port on of their wages for the acquisition of the home they are eager to own It is 'to meet this situation he says that he hx 0i the great Conejo rancn on un tura highway where 6400 acres are now being subdivided for the market So consistently has success been 14 i ha lonNH Tnvestmen company that the announcement ot completely equipped real estate organizations in the west of nearly 100 employes and highly specialised departments devoted to sides advertising building engineering loans exchanges escrows insurance Industrial development and water supply Through the operations of this i Have i Might Have Won" the opening or a new i nf huvers and MOVIES WILL BE MADE TO TELL ALL THE WORLD OF THE SMARTEST CHILDREN ON EARTH HAVE YOUR KIDDIES AT THE MAIN STAGE AT 2:00 SHARP wiuir uriiiKn homeseekers that quickly close out their properties as fast as they are available for the market mentn whereby half-acres may be I UUBii me rate of 1760 and quarter-acres for only $9 monthly This property at South Park Gardens Is fully improved in every way with all nnhiin imitia streets curbs and sidewalks and is INVEST 20 BILLIONS IN TAX-EXEMPT SECURITIES wiuun a diock or so of a yellow car line CHILDR EN'S Ti LL Yv sLLdl 7 CEMENT PAVEMENT RUSHED The cement concrete pavements on Wilshire Crest are being laid rapidly by Contractor Peter Snyder The latent nnAfiflnatinna of the city engineer are being used wnn a continuous unhroken expanse of pavement from curb to curb without the unsightly center seam formerly seen in cement pavements IftVid Rarrv A Cn Constructive building enterprises giving employment to thousands of workmen and contributing a large portion of the country's prosperity are today seriously retarded because of the vast sums of money that have been withdrawn from the building field and Invested in tax-eiempt securities according to the directors of the Los Angeles Forward Movement who declare that the time has come to call a halt on the Indiscriminate Issuance of such securities by states and municipalities An Inquiry recently made by the directors of the Forward Movement Into the relation between taxation and building enterprise Indicates for Wilshire Crest report the fol JUL lowing saies: Lots on RImpau boulex-ard to Mrs Kldra Htavensnn TT Wnnt Melius Mr Jack Rnppaport lots on EXPOSITION EXPOSITION PARK SECOND BIG WEEK JUST STARTING DHELD OPEN SIX DAYS MORE BY OVERWHELMING PUBLIC DEMAND also shown by the Forward Movement directors that a great majority of estates which have recently because of their owners demise been subjected to ajt Inheritance tax have revealed in their total great sums of money that have gone Into nontaxable securl-tlea One instance of this kind referred to by the Forward Movement directors was the estate of Jacob Schiff the noted New Tork banker who died more than a year ago but whose estate has on'y recently been probated Of the $25633574 stocks and bonds In the Schiff estate the largrest single holding it waa shown was bonds of the City of New Tork to the value of J9164962 and the next largest $6850000 United States 3 per cent Victory notes Other tax-exempt bonds and notes to the value of 11327764 were Included In the Inventory Thus it is pointed out over two-thirds of the holdings of this noted financier whose record shows participation In many notable constructive enterprises were Invested In securities which were not within reach of ths tax gatherer nor subject to the needs of new building construction Don't pass it A bettor buy today than ever A progressive settlement populated with contented families insuring pleasant neighbors Get your lot now and save your rent dollars for yourself Come Out Sunday See clearly they say that the extension remaine avenue to Mr Walles Mr A Barlow and Mr Albert Brett BEREAN HALL TOPIC "Prayer In the Epistles" will be the subject of an address by Rev Leonard Thompson before th Graded Union of Church School Workers next Wednesday morning in Berean hall Phllharmonlo auditorium "The Jordan Valley" will be described by Mrs Pearl Gentry and Dr Albert Hatcher Smith will lecture on "The Book of Judges" of home ownership In cities like Ls Angeles is Jnterferred with to a much greater extent than the general publio realises because of the billions of dollars which in the past two years have been lost to building Investment because attracted to tax-exempt bonds and other securities 20 BILLIONS INVESTED From a noted Income tax expert who spent 18 months in Washington Investigating ths subject the Forward Movement directors recently learned that today approximately 20 billions of dollars are Invested in tax-exempt securities "Excessive taxation by both ths national government and municipalities has hit the building neM harder than Is generally understood" stated this tax expert in his summary to the Forward Movement managers "Taxation as Imposed today to meet the extravagancies of government has crented two evils which have caused great friction among the tax-burdened people" SCHIFF E8TATE RECORD In line with this contention It Is We stem Aveand Manchester Ave Addition No 7 "We said our prices had been cut to the bone Our values unequaled Our location the best in the entire Southwest And we'll tell the cock-eyed world that we mean CARLIN SMITH id LA BREA FRONTAGE IN STRONG DEMAND ravld Barry Company opened Mansfield Knoll for reservations last Sunday and on that day and Monday the available La Brea avenue frontage was sold They have secured another section of frontage on this Important thoroughfare These business lots will be open for reservations Sunday April 16th The reservation of residence lots on top of Mansfield Knoll for single and double houses of one and two stories continues rapidly the total reservations from Sunday to Wednesday being about $100000 worth of lota Pavements Are Going Down Values Are Going Up Ground that IS high Prices that ARE low Gas water electricity installed not promised Values that are REAL not expected Here you'll find TRUTH and P'ACTS no lunch no bunk just values You can see the big values yourself It's your chance to hook up with a reality not a "pipe dream" or a promise FOR A BIG 50 FOOT LOT Angeles Vista Golf Courte a fall ll-hol course Is now open to the public It is considered by professional golfers to be one of the sportleat courses on the Coast Angeles Vista Golf Course Is situated Just across Mesa Drive from Oolf Course Unit Angeles Vista Heights 575 to $850 None Higher Nona Lower $25 $10 PER MONTH A "One-Roomer" for $144 A handy little temporary home of which we're selling many to buyers of property on which they are not ready to erect their permanent home size 12x18 feet and the price $144 includes front door and 2 windows as shown big double door at back and wood floor all materials ready-cut Ianceies vista ncoLr couosal fc Gl Water Electricity and Paved Streets Included Temporary Homes Permitted Grocery rlrmr vegetable and other stores are handy You'll have M) hjy families for your neighbors More to come I'ublU' and Catholic schools ciose by l'ou are protected through reasonable racial and building restrictions Over 100 discriminating people have selected homes and homesites in our beautiful Golf Course Unit Angeles Vista Heights Which Is Situated Just Across the Street from ANGELES VISTA GOLF COURSE Homesites In this scenic tract lots average 50x105 will be fully Improved with sidewalks curbs gutters and good streets Lots for Homes and Duplex Houses $1475 Up to $2500 Terms on these lots at low as $150 $15 Per Month You receive a deed immediately New Homes In Golf Course Unit we are building a distinctive type of home containing 5 6 and 7 rooms These homes are mod- ern in every particular substantially built by day labor and constructed of best materials from our own lumber yard Prices as low as $6000 on our usual "payable like-rent" terms Representatives on the Property Daily Hawthorne-lnglewood car to Mesa Drive at 48th St Grand Avenue car to 6th Avenue at 48th St Los Angeles Investment Co Owners and Builders Harrison Gen Mgr Broadway at Tenth Nobody ever lost anything by investing good Judgment 50 Garage $Q7 Special Offering All sloping lots will lie sold as 1-3 acres These 1-3 acres have 100 feet frontiipe They are rare bargains unuwuil values Some are sloping a fw feet below grade In front some In the rear Others are Irregular In size The Prices $700 and up $25 deposit $10 psr month Only 75 parcels The early buyers will get first choice How to Reach the Property Tnke Hoorvr St ear marked "Manchester" "Athens" on Main or Hoorer and ride to Manchester! or take any Vermont Are car and transfer to Manchester Auto are waltins Be sure to get in ants marked "CAEIIN SMITir By Antoi Motor out Vermont to Manchester Ulan west to HaUilale Tract ofnra there iui i 12x18 foot garage with window in side as all material ready cut for $9760 Ready-Cut Department Whiting-Mead Commercial Co 2260 Vernon Ave or 415 9th St 304-305-306 Union Bank Bldg 8th and Hill Incorporated Phonest 1 1322 and Pico 2406 XlITT I IIIIIIIIIIII I XX IIIIIIIiiiii.