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Back Then, $15,000 Bought My Family's Dream Home

My parents' first house is on the market in Studio City.

A little house just went on the market in Studio City, on the corner of Sarah and Simpson.

My parents and two brothers lived there before I was born, from September 1947 to April 1953.

This two-bedroom, one-bath cottage was their dream home, a purchase made possible through assistance from the GI Bill.

My parents, who last year celebrated their 70th anniversary, moved in 1947 to what was then called North Hollywood from an apartment on Hayworth near Beverly Boulevard.

They were just like a lot of young couples in postwar America, with its new, growing economy, finding opportunites in the San Fernando Valley.

When friends from Los Angeles would visit the far reaches of Los Angeles, known as North Hollywood, they would ask, "Should I bring water? Are the roads OK? Are there hotels?"

My dad owned a jewelry store on Lankershim Boulevard called . It was named after the two original partners, Ralph Goodman (my dad) and Bill Mallet. It remained a major part of the North Hollywood business scene long after Dad sold it to the watch maker and manager Tommy Jakels.  

Ramal Jewelers was across the street from Rathbuns Department Store and a bank. The old bank building is the location of a new nightclub called

When they moved to the house, my mother joined all kinds of civic organizations, and spent her time raising my brothers, Barry, then an infant, and Alan, the 6-year-old.

The kids went to Carpenter Avenue School, and later transferred to Colfax Elementary when Colfax expanded.

There was no telephone service at the house for the first few months so they would line up, with the neighbors, at the Safeway near Riverside and Colfax to make phone calls.

There was no 101 Freeway back then, so North Hollywood, Valley Village and Studio City felt like one big community. The new freeway arrived a few years after our family sold this home, and some neighbors lost their homes to the project.

My parents had a variety of well-known and interesting neighbors, including Erle Stanley Gardner. Gardner was a lawyer and author, best known for the Perry Mason stories. He also used a variety of pen names, including: A.A. Fair, Kyle Corning, Charles M. Green, Carleton Kendrake, Charles J. Kenny, Les Tillray and Robert Parr.

My mom remembers some wonderful neighbors named Ray Mayor and Edith Evans. They were a famous vaudeville team from the '30 and '40s.

"They invited us over every Saturday night to hang around their piano, sing songs, and raise hell," she recalls. "Among their guests were Donald O'Connor,  Sidney Miller, Ann Sothern and loads of actors and dancers."

My mom adds, "In those day, nobody locked there doors. You just didn't need to. ... Besides, someone might want to borrow a cup of sugar."

Sonja Henie was down the street. She was an Olympic champion figure skater and film star. Henie won more Olympic and world titles than any other female figure skater. At the height of her acting career she was one of the highest paid stars in Hollywood.

A lady named Vera Zorina lived around the corner. She was a Norwegian ballerina, musical-theater actress and choreographer. Her husband was Columbia Records President Goddard Lieberson.

There was also an actor who lived down the street. My parents now are not sure of his name. His career was going great, until the House Un-American Activities Committee ruined him, they said. He had spent extra time coaching my mom on her lines for a part in a local show. My mom remembers when the FBI came to our house to ask questions about this man and our families' political affiliations.

Some folks are not sure of the value of real estate as a long-term investment. I have no question. At the peek time of the real estate bubble this little house on the corner of Simpson and Sarah was probably worth $850,00 or more. It is now on the market, as a trust sale, for $500,000. This is certainly a loss from 2007, but consider the long term.

My parents spent about $15,000 to purchase the house in 1947. It was a long negotiation. The seller wanted an amount closer to $15,400. My parents were hoping for $14,800. In 1953, they sold the property for about $18,000. We then traded the equity as a partial down payment for a brand new house on Valley Spring Lane in Toluca Lake.

I was born in the Toluca Lake house. It was across from the golf course. It was big and had a pool and lots of famous neighbors, but that's another story...

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Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
Jo Perry May 23, 2013 at 08:50 am
I wish the media had countered Garcetti's claims with an examination of the facts and had exposedRead More his relationship with BIG development. Only the LA Weekly covered these stories--keep reading it and keep posting.
Barbara Krause May 21, 2013 at 07:58 pm
Oh, it was under announcements and not opinion so that is why I did not understand the post whichRead More appeared as facts.
John Walker May 21, 2013 at 05:14 pm
Presumptuous? What about my "endorsement" is presumptuous. You don't really need toRead More respond😃, I just didn't understand the comment.
Barbara Krause May 21, 2013 at 09:06 am
Somewhat presumptuous this early on Voting Day.
David Pearlberg December 21, 2012 at 11:00 pm
I attended N.H.H.S. in the mid-seventies. Mr. Reeves and Mr. Moelter were two of my favorites.Read More Loved Mr. McLeroy for Sociology.
Kim Phillips-Clark December 19, 2012 at 07:25 pm
great article Mary! Ms. Korney, she sometimes scared me to death! But always around christmas IRead More think of her and pronounce my letters clearly at the end of a word when I sing. I can still remember the song I had to sing for my final, "If ever I would leave you..." She taught me a lot. I agree with everything you said about Mr. Reeves. I had Mr. Pesin for Algebra, he did nothing to help further my math skills. The biggest flirt around, ick. We had a girl in school at the time that flirted her way to an A and hardly ever went to class. Go figure!! I also thought quite highly of Ms. Requiam. Glad she's still around.
Mary McGrath December 18, 2012 at 07:59 pm
Oh, that's so funny Suzanne....what a great story!
Miki Henderson April 27, 2013 at 02:27 pm
Is there a video of this minecraft from mr donovan
Rich Addams March 30, 2013 at 02:49 pm
Luv the bunnyleggos
Cheyenne Chasen March 25, 2013 at 01:00 pm
Love seeing the new entries each and every week! Keep it up!
Alex Daniels May 22, 2013 at 12:18 am
glad you lost Wendy...not even your mafia DWP bedfellows could push you through..now go away...
Alex Daniels May 21, 2013 at 09:05 pm
I also notice Wendy Gruel has no platform, except taking money from special interest (most notablyRead More her puppet masters at the DWP) and having one of the most negative campaigns I've ever seen......no thanks, negative Wendy, fool me once.....Eric is our next Mayor....
Jo Perry May 20, 2013 at 08:27 pm
The signs are everywhere! Please vote for Wendy, Nora. He is also running ads about Wendy GreuelRead More that he knows are outright lies.
Mike Szymanski (Editor) May 19, 2013 at 02:21 pm
She has received a lot of flak about making a premature decision...I hope someone from OvarianRead More Cancer or the community weighs in on this and gives their thoughts in a blog! Thanks...just click the START BLOGGING button below! THANKS!
Mike Szymanski (Editor) May 17, 2013 at 09:34 am
It's better if you put this in the START A BLOG area and add photos...it stays there longer!