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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 30, 1950
Page
1
The Ridgewood Heights Lloyd 5 Whaley subdivision opens sales with 10 homes drafted for immediate construction. Sales headquarters operate at 1139 E. San Antonio Dr under Jim Tolbert.
Construction will begin Monday on a 75 000 dollar three unit store building in the Bixby Knolls business district. The Jotham Bixby Co. owners announced the project at 4442 44 46 Atlantic Ave. Fred E. Tucker & Son are contractors with Elmquist & Co. as exclusive leasing agent. Kenneth S. Wing designed the reinforced concrete 60 by 100 foot structure with two frontages and glass display areas. The building will feature mezzanines, restrooms, landscaped approaches, and a brick Redwood exterior blend.
Alliance Realty reports strong buyer interest in Bixby Crest on Orange Ave and Carson St near Bixby Heights and Bixby Knolls. Homes six years old offer three bedrooms with wood burning fireplaces and other features, priced from 8150 dollars with no down payment for veterans, payments from 51 dollars monthly.
George R. Johnson of the Long Beach Board of Realtors will discuss What's Your Real Estate Problem at the weekly breakfast in the Wilton Hotel. Program chair H Herschel Hart notes Johnson will address legal problems raised by board members in the past three months. Induction of three brokers and 26 salesmen will occur, under George D. Jones. New members include Jd Tyson Ellis C R Henderson Walter J Willoughby and many salesmen. indoctrination Monday afternoon for initiates.
Jewett Brothers unveiled the Clipper prototype at Amerigas Park in Fullerton, the model for Orangewood Estates homes. The three day build impressed FHA VA and local inspectors. Orangewood features 24 exterior designs six floor plans two and three bedroom units with two car garages on orange tree lots. Prices run 8550 to 9300 with FHA VA financing for veterans. Office at 1101 W Commonwealth Ave Fullerton.
Lakewood Plaza, the newest Alden Construction development on Woodruff Ave south of Carson St, opens today featuring 32 floor plans across three model homes. Prices start at $8630 with easy financing, veterans down payments as low as nothing but escrow costs, and monthly payments from $33 including taxes and insurance. The project, with Walker & Lee as sales agents, showcases stylized interiors, glass-walled living rooms, brick barbecue patios, and complete street and utility improvements.
Realty loans and trust deeds recorded in Los Angeles County last month totaled 136,364,215 dollars, up about 90 percent from March 1949, as reported by Realty Tax & Service Co. The number of transactions reached 19,742, vs 13,636 a month earlier, with March 1948 showing 17,940 loans for 123,265,185 dollars. Top lenders, including Long Beach affiliates, drove most activity, handling 59.8 percent of all loans and supplying 75.2 percent of funds, amid 84,081 documents filed in March and 30 deeds in lieu of foreclosure.
Clarice EB Mhoon announced a new office at 3122 E Seventh St after relocating from 2736 E Seventh St. She cited repeat business as a measure of success. Her office completed three sales totaling 95000 including a residence duplex at 624 26 28 Temple Ave a home and duplex at 3018 E First St and a five acre ranch at Costa Mesa.
Wire club met Tuesday evening at 424 East Seventh Street for its April session. President Gale Scott Reed led the business portion while program chairman Phyllis Elmendorf arranged games. Prizes went to Mrs Colbert and Carmel Tro. Hostess served refreshments.
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