The morning call., 1891-07-26
ON THE OTHER SIDE.
The Real Estate Market i'm Oak.
land, Alameda and Vicinity.

land, Alameda and Vicinity.
Oakland has begun the rebuilding in true
city style of her business CENTER Several
handsome business blocks are in course of
erection and others projected. Unless some
Unforeseen hndrance occurs the next couple
of years will almost transform the place.
Probably this is the most marked feature of
| the present day in real estate circles, signi-
! flying as it does the return of attention 10
inside and income-paying opportunities.
People OF means seem awaklng to the
fact that inside Investments in Oak
land are gilt-edged and give good
returns. This fact does not, however,
seem to have the least effect upon the steady
flow of money for investment or home
building purposes into the suburbs. espe-
cially along the line of the new electric and
other roads. Construction has been begun
on Twenty-taird avenue of the Hoskins
| line, which, 1t Is understood, will some day
! connect with Piedmont and Berkeley by a
| line back Of Lake Merritt The Sessions
| line on Fruitvale avenue Is in successful
| operation. The new dodble-decked ears
| excite much attention and this line is al
ready infusing fresh vigor into matters i'll
| Fruitvale. Contracts have been let on the
SeSSions-N anderc0uk line through East Oak
| land. This line will bring some of the
| choicest property in Oakland within easy
reach.
| Real estate agents generally report bet
| ter feeling III the market and state that
| there is a steadily increasing inquiry, with
| bright outlook for the Immediate future.
Reports from a few of tue offices are given.
NOTES FROM THE STREET.
William j. Dngee advertiSes a sale at pub
( lie auction for next Saturday. Il very at
tractlye list of properties, Including barg aims
in business and residence properties in Oak
| land and Alameda. All is to be sold with
out reserve. and the safe promises to be a
| lively one.
L. A. Heron reports increasing inquiry for
| property IN the Linda Vista terrace, three
sales having been effected this week, the
! purchasers in each instance intending to iiG-
prove handsomely. \ great deal Of street
( work, sewering, cement sidewalks. etc., is
I being done IN this locality.
L. w. Woodward Il Co. report the genera
market as somewhat quiet, but still are KEEP (
/ pretty busy III the SAFE Of residence lots Il
| the tracts beng opened uD by the ne "
| electric and cable lines leading ont of Oak
I land They have sold in Lake View, East
[ Oakland, lot 50X150, corner of Oak street
/ and Peralta avenue, TO Z. N. Nctase for
/ $500; lot 52X2I0 on Pine street, running
| through to Spruce, to Mr.. GoltZ for S1l00 /;
lot 54x232, adjoining the above, to Mr..
Adams for Sll00; lot 50X2l >, corner of Pine
street and Prospect avenue, TO Mr. Henry
| of Oak street and Prospect avenue, for
$4,000. Severalo of these purchasers are going
| TO build on this tract. They nave also sold
| IN the Monte Vista Tract three lots,
| $500; also in the Christiania Tract
} Berkeley, lots % and 50 TO Mr.. Clough for
| $500; lots IS, SO and 90, sam- tract to Mr..
Mowatt for $3.50; lots 81 and 62 to Rev. Mr.
Palmer Of San Francisco for $500; lots 81,
50 and sc, Block b, 10 I. i. Manning for
$780, lots 10 and Al TO Mr. HensbrechJ for
$500; lots and in Block A 30 Mr.. Jones
for $500; lots l. ., and 4, Block L, to Mr..
Blackman for S625; lots g. 66, 67 and 6S,
Block F., to Mr.. Madden of San Francisco
for 500; lots a, 45, 46 and At, Block +, 10
L. l.. Norton for S6G0; also lots 80 and l35,
Prospect HUI Tract at FruitvaIe for 500;
house and lot on Evoy avenue, $3.50, and
six-room cottage in Oakland for $3.50.
II. Pinney reports lively week, with
sale OF twelve lots in Fruitvaie.
HOlway IL Lane have opened an Office at
the corner of Broadway and Ninth streets
and appear to be doing good business.
ALAMEDA.
Alameda is always progressive. While
her dealers in real estate complain of dull
times, yet their offices present busy scenes,
and sales are reported almost daily. There
| is nothing about business at present how
| ever, to be called distinctive, but there
| seems steady flow of people into the town
| and a correspondent advance on every side.
| II. 2. Moreal reports the sale for S17,50
| to j. I. Goodman. the rich raiSIn man from
| Fresno, Of the beautiful home property on
| The northwest corner of Benton street and
| Central avenue Mrs. ii. b. Smith Jr. being
| the seller. This is the largest sale Of i'm
| proved home property made in some time.
| Mr.. Moreal states that there is a steady de-
| mand for good property, there being much
| more than usual at this time of the year.
| Marcuse & KENNEL report the mark ct more
| active thaa ever: They have made sales as
| follows since last report: Contract with
/ Captain Anderson for cottage on Taylor
! street, $3.50; for DR.. Cranz of San Fran
! cisco, on St Charles street, for $1,000; for Cap
! tain Pool, On St. Charles street, for $500;
! for c. Steffens, on Buena Vista avenue,
| for $3.50; for Antonio FTletas, on Pacific
! avenue, for $1,000; for ]. T. Kennedy, On
| CHRISTINA street. for 5000; for Henry Paul,
| on Harlan street, for $3.50; for Lean Lyons,
! at Grand-street Station, for $500; for
! Henry Mohaus, on Buena Vista ave-
.enue, for sl655, and =. on Alameda
Oh Minturn street, for $1,000; also
| sale to w. J. Walker, of residence on Santa
| Clara, near Morton street, $3.50; to Roscoe
| c. jones, on Railroad avenue, near Bay
street, $3.50; to Frank NJ Donovan, lot Gu
| Wood street, 35xl0o, $1,000; Lawrence A.
| Donovan. lot same size on Wood street,
| $1,000; TO w. B. Foster, residence on Bay
! street, $500, and to Captain f. A. Lebneis,
| residence on Central avenue, $4,000. AT
! rangrments nave Ueen made TO put up an
| 5000 hotel on High street at the new race
| ira ok for j. ID. Pitt, formerly of the Pied
mont Springs Ho.el. This will be fine
improvement, being the only house on High
| street.
| LoBIN.
This thriving town seems ascenter OF
| movement for the region lying north of Oak
| land. 1t has become an important point,
| and is attracting much attention from home
| seekers and investors. The town lies adj
| mirably, fronting the bay, and being on the
! lines both of the local train to Berkeley and
| the Electric road to Oakland.
| w. c. Moran of this place reports busl-
| ness picking uD in a lively manner. He has
made sales of cottage on Mckee street 10
| San Francisco man; of lots in the Mckee
| Tract, en- 4 of which houses will be erected
at once. He is just completing the erection
| of handsome Broom modern cottage for
! William Spuller on Alcatraz avenue, and has
| begun another beside it for lady.
| Irwin q johnson report sale of lot in
| North Berkeley for $500; of 20 lots in the
| Mathews Tract terms private; lot in the
| Dobr Tract for $500; of II lots in Berkeley,
| terms private, and a number of transactions
| not yet completed.
| A. E. Shaw. who has just graduated from
| the State University, has opened a real es-
| tate Office in Lorin. and having good &C
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