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Description

Janss Investment Company promotional map, showing Belvedere Gardens.

The map shows the area north of Whittier Blvd and between and East 6th Street, centered on South McBride Avenue.

The area was promoted for sale by the Janss Company beginning in about February 1921.

 RESTRICTIONS

Lots facing on Whittier Blvd. may have private residences, apartments, double bunga- lows, flats or bungalow courts, or stores, to cost not less than $2,000.00

Lots facing on Arizona, Ocean View and McBride may have private residences only, to cost not less than $1,200. Build- ing line twenty-five (25) feet back from property line. Tem- porary houses permitted if placed not less than seventy- five (75) feet back from property line.

All buildings, garages or fences to be painted or stained. Racial restrictions.

Subject to restrictions in regular form of Contract.

TERMS

Prices subject to change without notice.

Terms 10% or more cash, bal- ance 1% or more a month. 7% interest on deferred pay- ments, payable semi-annually. 5% cash discount if all cash paid within sixty (60) days.

Janss Investment Company

The Janss Investment Company, one of the pioneer real estate firms in Los Angeles (1895 to 1995) is perhaps best known for having donated the land in Westwood which would become the campus of the University of California's southern branch (UCLA).

In 1911 Harold Janss married Arthur Letts' daughter Gladys. In 1923 after Arthur Letts, Sr. died, they took control of the 3,300-acre William Wolfskill ranch on Rancho San Jose de Buenos Ayres. In a deal to get the University of California, Los Angeles in 1925, Janss Investment Company sold 375 acres to the cities of Los Angeles, Santa Monica and Beverly Hills at the bargain price of $1.2 million - about a quarter of its value. The cities, whose voters had passed bond issues to pay for the site, turned around and donated it to the state. While the UCLA campus was being built, Janss Investment Company went to work developing the Westwood Village commercial area and surrounding residential neighborhoods.

Condition Description
Minor staining.