Los Angeles daily herald., 1886-06-08
BEAUTIFUL HOMES.
Chance to Secure Them
South of Town.
oo-oPERATTyENURsERYT TRACT
More Than Half the Lots Taken
Delightful Surroundings-Notes
OF improvements.

That the southern portion of the city
is keeping pace with the other quarters
is manifest to all who have lately made
a trip in that direction. Long before
there was a demand for city lots outside
OF the one mile limit, and when the
greater portion of the bill lands now be.
ing Aooomed" so vigorously were slow
of sale at $50 an acre, there was still a
large settlement in our southern suburb,
drawn thither by the rich soil, pleasant
surroundings aud healthy location. The
whole district is garden. There is
scarcely an unimproved acre. The WISH
tor to this charming neighborhood rides
through continuous succession OF Or
ange groves, vineyards. apple, pear,
peach, plum, prune and apricot or.
chards, interpreted here and there with
pleasant homes.
The rapid enhancement in values close
to town has made it necessary for people
who desire cheap lots TO go a little
further out. This fact has led TO tie
subdivision and placing on the market
of the celebrated Cooperative Nursery
tract, located on South Main street,
near Jefferson. Many persons have ex-
pressed surprise that the owner should
have been willing to part with this beau
tiful orange grove and vineyard. but it
will be better understood when it Is
stated that the sale was practically
forced, which, at the same time, &c.
counts for the extraordinarily low price
of the lots. The tract is one Of the
most attractive for homes in or near the
city, being covered with fourteen year
old orange trees, all in full bearing. and
a vineyard of the choicest foreign varie.
| ties OF grapes. 1t has been snbdivided
into 4S2 lots, each fifty feet front, all
being we'll adapted tor residence pur.
poses. The owner contracts to build
ten elegant cottages on the tract
and to lay heavy plank side.
walks In front of each lot. The
plot is being sold on the distribution
plan, the purchase price being fixed at
$3.50 for each lot. payable on the follow.
ing terms. $50 down, $25 in one month,
SIS in two months. $40 in three months
and every month thereafter until the
sum of $3.50 is paid. No interest is
charged. When the lots are all taken
the division will occur, and it is safe
prediction that, taking into considera-
tion the expensive improvements on the
tract. and the fine trees and vines with
which 1t is covered, there will not be
lot on the day of distribution that will
not be worth from one third to one-half
more than the price paid for it. The
trees alone are worth at present more
than half the asking price.
Arrangements for rapid transit be-
tween the city centre and this property
are being perfected. In few days
work will be commenced On the extern
sion of the Main street horse car line,
which will bring it within five
minutes walk from the tract. The
citizens Of Vernon are preparing
to build street car line to
town which will pass directly through
the lots, and they are also in the line of
one Of the routes for the electric rail-
road. Good schools and the University
Of Southern California are close at hard.
Water will be piped from the city mains
as soon as there is sufficient demand.
Those who desire to see the property
will be conveyed in carriages from the
office, No. 236 N. Main street, Baker
Block. A hack leaves daily at $50 A.
NJ, 1890 P. NJ. and 3 P. NJ. AT the
prices the lots ars being offered there is
no doubt that the investor will double
his money within year, and of course
he has an equal chance to secure one OF
the cottages. The management OF this
great sale is in the hands of j. M.
Bachelor & Co., Baker Block, North
Main street, and already more than half
the lots have been taken.