Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1906-01-28
HOW WE CROW
TOLD BY DEALERS
REAL ESTATE OPERATOR SEES
GREAT FUTURE
Marvellous Growth Of Los Angeles and
Continued Increase In Value Of
Property - Climate and
Suburban Railways

Athur A. Peterson in extolllng the at
fractions of Los Angeles and Southern
California as the favored home section
presents his views in a way that Is
worthy of reproduction. Mr.. Peterson
Is dealer in real estate. He said:
Real estate has been called the royal
road to riches. Certainly 1t Is a mighty
safe road in that direction. When one
owns real estate he owns something
tangible, something upon which he can
realize at almost any moment. Land,
IL purchased in a growing community,
Will increase In value rapidly. Thus one
can make no mistake in investing in
property either within the city limits or
in a suburb of city of this kind, pro-
viding good judgment Is exercised in
its selection
Such a city is Los Angeles. Every
resident is fully aware of it's rapid
growth and of the enormous increase
in property values in this section. The
history Of Los Angeles has been one of
marvellous achievement, in fact, It's
development has been SO rapid that 1t
appears almost dream. From q pu-
eblo to a metropolis in less than
twenty-five years; from a. village of a
few thousand to q city of over 100000
In such small space of time seems be-
yond belief, but it is nevertheless true,
as correct and reliable statistics Will
prove.
,.,. Electric Car Service
Undoubtedly one Of the greatest fac
tors in the development of suburban
property is the magnificent electric car
service now maintained between the
city and every suburb of any i'm
portance. The electric and steam roads
centering In Los Angeles have ex-
pended over 1872, 900, 900 in improvements
in Southern California during the past
three years. OF this vast amount $780,
900, 900 has been spent in Los Angeles
county alone. This county is now a
perfect gridiron of electric roads, and
additional lines aggregating some 200
miles have been projected and are be-
ing built. The Pacific Electric company
has more than $50 miles of road cover
ing the interior Of the county and ex-
tending to the seashore on the SOUTH
while the lines of the Los Angeles-Pa-
cific cover the country between the city
and the seashore on the west. Thus
every variety Of topography, soil and
climate between the foothills and the
sea is brought within easy access.
This is the finest and most COM
plete system of electric railways In the
world. 1t makes it possible for the
suburbanite. to make the trip from his
home to the city in from ten to forty
minutes. With property at low figure
and within few minutes ride of the
city the reason of the rapid upbuilding
of the suburbs will be readily seen. The
general belief is that it will be matter
of but a few years before Los Angeles,
Greater Los Angeles, as it is now
termed, will include within its limits
all suburbs within twenty miles. This
will still further increase the values of
suburban property.
But our greatest attraction is un-
doubtedly our glorious climate. 1t is
said that sunshine is no asset, but when
it is taken into consideration that in
the great United States there is but one
sunny Southern California, and that it
is the Mecca for SO,0OO,OO0 OF people who
have but one great wish, and that is to
live either in this part of California
permanently or at least to spend por-
ton of their time here, it will be readily
understood why it's growth has been so
rapid, and why those who have been
far-sighted and invested here have
made fortunes. In fact, thousands have
become independently wealthy by hav-
ing confidence in the present and future
of this imperial CITY,"