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An illustrated history of Los Angeles County, California. 1889 – via HathiTrust. McWilliams, Carey (1973) [1946]. "Chapter VII. Years of the Boom". Southern California Country: An Island on the Land. American Folkways Series (Reprint ed.). Salt Lake City, Utah: Peregrine Smith Books. ISBN 0-87905-007-1. LCCN 73077787
As an example, if you purchased a vintage dining set in 2010 for $500 and sold it in 2020 for $2,500, you have a capital gain of $2,000. If you bought that same table in 2020 and sold it the same ...
George Rufus Shatto (August 15, 1850 – May 30, 1893) was an American real estate developer. He was an early land investor in Los Angeles, California . In 1887 he purchased Santa Catalina Island, California and was the first person to attempt to develop it into a resort destination.
Avalon is located on Santa Catalina Island, approximately 22 miles (35 km) south-by-southwest of the Los Angeles Harbor breakwater. [27] It is the only incorporated city to be located on one of the eight Channel Islands of California. Due to its location on Catalina Island, it is the southernmost city in Los Angeles County.
Section 121 [50] lets an individual exclude from gross income up to $250,000 ($500,000 for a married couple filing jointly) of gains on the sale of real property if the owner owned and used it as primary residence for two of the five years before the date of sale. The two years of residency do not have to be continuous.
Shatto purchased the island for $200,000 from the Lick estate at the height of the real estate boom in Southern California in 1887. [16] Shatto created the settlement that would become Avalon, and can be credited with building the town's first hotel, the original Hotel Metropole, and pier. [ 16 ]
Santa Catalina Island (Spanish: Isla Santa Catalina; often shortened to Catalina Island or Catalina, and also known as Pimu [1] as the traditional name of the Indigenous people of the Tongva Tribe) is a rocky island, part of the Channel Islands, off the coast of Southern California in the Gulf of Santa Catalina. The island covers an area of ...
The house was built in 1919–1921 as a summer retreat for the Wrigleys of Chicago, who owned 99% of Santa Catalina Island, one of the Channel Islands of California. [3] It was designed in the Georgian Colonial Revival style by architect Zachary Taylor Davis, who had also designed Wrigley Field in Chicago, and would return to design Wrigley ...
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related to: el terado terrace catalina island for sale california real estate capital gains