Los Angeles daily herald., 1888-01-24
Kapad Transit Railroad.

ically the projectors of the Los Ange-
les and Monrovia Rapid Transit Rail
way are coming rapidly to the front.
There are many things that will result
from the consummation of this enter
prise that cannot fail to be beneficial
to Los Angeles; but the chief and
greatest consideration is the supply
ing of cheap suburban homes, which
is imperatively necessary at this time,
in view OF the high prices that obtain,
and justly so, in nearly all portions of
the city, the result of an unparalleled
degree Of activity. One of the nearest
localities through which this rapid
transit line will run is the celebrated
Ramona, the property of the San
Gabriel Wine Company. This tract
has been placed upon the market
with view Of supplying this defect,
to wit cheap homes for the people.
OF course the owners do not wish to
be understood as giving away the
land. They will expect a reasonable
compensation for the same, that is to
say, fair average price of land in
that quarter. But it cannot be denied
that with the completion Of this rail-
road and the de Velopment of that Sec
ton by numerous enterprises which
are already in contemplation and
in course of construction, its close
proximity to the heart of the city
from ten to fifteen minutes in a
short time from this date - the
prices that are now quoted will seem
low indeed. Just think of it; home
in Ramona with this facility of trans
portation (rapid transit), means moth
ing more than to traverse the city by
the ordinary route, say thirteen blocks
from the plaza. Grading on the rap
id transit road has been going on for
some time; all the material has been
ordered, and the owners and manage
ment confidently expect that trains
will be running through to Ramona
in sixty days at the farthest. 1t is
expected that in the near future elec-
tricity will be the motor used, with
the power on board. Until then a
steam motor Of the most approved
plan will be the medium of convey
ance. The headquarters of Ramona
aresin Los Angeles, No. 55 North
Spring street, where can be seen the
entire tract as it appears upon the
plats. The prices to start this tract
have been put at the bottom figure
and range from $3.50 upwards AS
everybody in California ought to
know about the character of the cele-
brated San Gabriel valley, in which
Ramona is situated, it will be unne-
cessary to dilate particularlarly upon
it. But with the soil, the climate,
known the world over, and the quick
facility for reaching Los Angeles, the
prices for lots seem marvelously low.
And, again, the terms. Many people
who are unable to pay large amount
down will have an opportunity Of be-
coming purchasers as the amount re-
quired on the first payment
is but one third; the bal
ance, one-third in twelve months
and the remainder in two years, with
interest at, not ten per cent, but
eight per cent. All who desire to
view this grand suburb Of Los An
geles in anticipation Of becoming pur-
chasers, should call at once at the Of
fee, No. 55, North Spring street, and
make an inspection. Lots sold for
merly in this tract only a short time
ago now command high premium and
no one has ever regretted it who has
ever purchased. One great consider
alton is this, that, unlike very many
OF the tracts put on the market con-
tigous to Los Angeles, there are no
wholesale promises and lack of per-
formance by parties who are compar-
ative unknown; the owners of this
tract are among the best known and
most responsible of California. What
they say, what they allege, is suffic-
iently binding. But they prefer to
fulfil. rather than to make sales on,
promises.
Besides the rapid transit road to
Ramona, the line of the Southern Pa
cifc from Whittier to Long Beach
runs directly through the tract, and
will afford another cause for quick
development and enhancement Of
values.
TSiil. another road is projected
through }le property, but Of that after
J awhile. It Is enough to know thai
every facility tIat could be required
to reach the heart oithe city in a few
minutes, and to strikethe seashore a.
convenient periods, will sen 3e a
hand.
In presenting these lots to the pull
lie, almost on the line of Los Angelo
city, while the owners have an eve t
their own interest, they must becom
timely factors for the public, as it
certainly well settled proposition
that large and beautiful lots and a
abundance of the purest of mountai
water, closely situated to the city, q
Sly prices and advantageous term,
can cot be anything but extremel
:. Remember the number. Wi
Turke, Agent, No. 55 Mort