Los Angeles daily herald., 1886-04-25
THE WEST END.
Improvements Along the
New Cable Road.
RAPIDLY INCREASING VALUES

RAPIDLY INCREASING VALUES
Inauguration of Another Enter
prise-1he Cable Road
Tract.
Another great public improvement ia
this city, the Temple street cable road
IL nearing completion. The line is fully
built to the Texas street terminus and
workmen are now busily engaged in
putting in switches aud the necessary
machinery. By the middle Of next
month everything will be in order, and
the road ready for business. It will
furnish quick and easy communication
with the most desirable portion Of the
city and make it possible to secure
homes with all the advantages OF pure
air aud water, where there is no malaria
or danger of floods, and where property
must certainly appreciate rapidly III
value. Los Angeles is at present full
OF wide awake men who have seen the
rapid growth OF the great cities Of the
west and who have iully come to the
conclusion that Los Angeles is destined
to become
ANOTHER KANSAS CITY,
With the present population oil that
thriving burg within, at least, the next
eight years. Those who are familiar
with the rapid growth OF Chicago, Min
neapolis, Denver and the other great cen
tiers OF the west put the most faith in Los
Angeles, and do not hesitate to invest
in all quarters where there seem to be
favorable opportunities. Certainly Los
Angeles real estate has proved, and il
proving, the most desirable Investment
Tor capital. All who have handled il
have prospered, and any person well
acquainted here eau point to scores OF
men and women who have made hand
some fortunes by moderate investments
here. 1t was predicted months ago that
the building OF
TWO CABLE ROADS
To the western portion of the city
would cause great Improvements TO take
place in that quarter, and the result has
fully justified these expectations. Block
after block OF handsome residences have
gone up ON the property aligning both
roads and verltable Mob Hill has
grown up at their terminus. Some OF
the residences there will compare favor
ably with the best in Southern Califor-
mia, and contracts for buildings are
almost innumerable. 1t is only the
same result which has been attained
wherever the cable road has been intro
duced, and, in every case not only the
property aligning the roads has been i'm
proved, but also property at consider
able distance from them.
THE SUBSTANTIAL CHARACTER
OF the Improvements on Temple street
can only be appreciated by taking trip
Tor several miles out on that thorough.
fare which is one of the main arteries of
the city. For nearly two miles there is
almost continuous succession of neat,
and in many cases, elegant cottages,
while the hills surrounding are rapidly
being covered with houses. The de-
mand for property in this neighborhood
has led to the opening and ex.
tension of Temple street proper. Thus
rendering available for settlement some
OF the most lovely building sites in
the city. A few days ago Messrs. Rog-
ers, Booth 4 Co. obtained control of the
most desirable of these tracts, and have
already sub.divided it into one hundred
and forty (l40) building lots 40xl40,
which they propose to offer to the pub
lie on the most favorable terms. The
tract in question is located three quar-.
tiers of "A mile from the terminus OF the
Temple Street Cable road and has ap-
propriately been named the
CABLE ROAD TRACT.
The site commands the finest view in
the city of the ocean, and every lot has
perfect drainage and is easily accessible.
Only o few blocks to the east lots al Q
considered cheap at four, five and SIX
hundred dollars, and the purchase of lots
in the Cable Road Tract at first prices,
cannot possibly make mistake. The
tract fronts directly on the Temple
street extension, and the extension OF
the cable road to them will unquestion-
ably take place in brief period. Nearly
opposite is the elegant two-story
residence of Jacob Hommel, Esq, and
several other handsome cottages are
close at hand. A hill site a short dis
lance to the west has been offered to
the Baptist Association of Southern
California for their proposed college,
and will probably be accepted, thus ad'
ding another fine institution to those al
ready in this neighborhood. The com
pany proposes TO Immediately grade the
streets and erect
FIVE HANDSOME COTTAGES,
Each to cost $500, to be located on va
rious portions of the tract. Water will
be supplied by the Mountain Water
Company to each lot, the water coming
from pure spring OF mountain water.
The company proposes to put the tract
ia excellent order, making it as desira'
Bile as any on the hills west of town.
The plan of sale will be the same as has
been so successfully employed in the
Urmston and Childs tracts, and there is
every reason to believe that it will be
disposed of in an equally rapid manner.
THE PRICE OF LOTS
Has been fixed at $3.50. The terms Of
payment are $40 down and $50 month
without interest until January |, 1887,
when the distribution will take place
At that time the purchasers of the lots
will meet and select committee to
supervise the drawing. The names OF
all Interested will be placed in box and
as each name is drawn by the committee
the party responding can choose his lot,
the first five, of course, taking the five
$500 cottages. This plan, which has
been so successfully employed in this
and other cities, will doubtless be very
acceptable to the hundreds now seeking
investments. The names of the gentle
men conducting the enterprise are quite
sufficient to guarantee that everything
will be carried out as represented. The
same gentlemen have handled the Gar
vanzo and other large tracts very success
fully. In considering this investment
parties interested should remember that
there is
NOT POOR LOT
On the tract or one that is not worth at
present the price asked, when the i'm.
provements are taken into consideration.
The houses built by the company are
simply to induce more rapid sale.
Their construction will add to the value
of the entire tract and in this sense are a
i.
The streets running parallel with Temple
street are all eighty feet in width, and
Temple street extension is one hundred
feet wide. A mile east of the tract lots
readily bring from $500 to $1,000 piece,
and the proximity of the property to the
hotel to which the Ellis Villa College IS
shortly to be changed into will add much
to it's value. The books for this new en-