Motion Picture Magazine (Aug 1924-Jan 1925)

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tfTMOTION PICTURR IneH I MAGAZINE j\ Last year, he made one of the big clean-ups of Hollywood. He made four hundred thousand dollars in actual money, and is in a fair way to double or treble that. He operated in a very different way from Agnes Ayres, however. She bought small property and waited. He put in big money and took out big money. His biggest killing was a piece of semi-business property — what might be called apartment-house property — just a block from the very heart of the business section of Hollywood. From Hollywood to the sea runs a broad mesa. Thru this mesa runs a great boulevard that will one day be the finest street in the world. Harold is preparing for this day. Smack across this boulevard, a little way beyond Beverly Hills, he has a tract of forty acres. When you figure that lots are selling at from four thousand dollars to ten thousand dollars each in Beverly, and when you continue to figure and discover that there are from five to ten lots in an acre, according to the way you cut the cloth, it can be readily seen that Harold is due for a lot of money. He has many other investments shrewdly made. He is very modest about it; but he says frankly that the Hollywood boom has given him all the money he will ever need in this world, and he can devote himself to acting without further worries. Somewhat to her own amazement, Viola Dana is also a realtor. She swears she didn't intend to be. She got so tired of moving around from Jackie Coogan has a lot of Los Angeles real estate, and a big cattle ranch in Nevada. At the left, he is watching the workmen break the ground for his very own movie studio one house to another that she bought one. This, she says, was in pure self defense. She says she knew that if she didn't, her landlord would be coming around, very apologetic, and tell her she would have to move ; that somebody had bought the house and they were going to tear it down to build a bank. So, when she and her mother found a house they liked, she fooled 'em. She bought it. Anna Q. Nilsson is one of the most enthusiastic of the realtors. She prefers the uncultivated tracts away from town Milton Sills is a skilled, conservative investor in real estate, and has never suffered a loss on any investment But now she says they will not leave her in peace. Every few days, a realtor comes snooping around trying to buy the house away from her for something over twice what she gave for it. Viola had a chauffeur who was a clever, industrious young fellow who knew a lot about cars. Viola wanted to see him get a better chance in the world. She had a secretary who was a clever young girl. Viola wanted to see her get a better chance in the world. When somebody offered to sell her an automobile garage in Hollywood Boulevard, Viola saw that this was the chance to help them both. She bought the garage and put in her chauffeur as superintendent and her secretary as business manager. She had no thought of the property's going up in value. But virtue was its own reward. The place has more than doubled in value. Viola refuses to sell because she doesn't want to wreck the hopes of the young garage partners. Meanwhile, it is bringing her a fat dividend each month. Viola is (Continued on page 100)