The morning call., 1891-10-04
REAL ESTATE.
Transactions in Oakland and Vi
cinity-An Active Market.

The past week has been In almost every
quarter busy one. The real-estate men
report more inquiry and liveier times than
for many weeks. Perhaps the best sign in
connection with this manifest revival of
general interest is the fact that it is so gen.
eraI. The work begun and now in progress
upon the new electric road toward East
Oakland and San Leandro will most proba-
bly, explain the activity in that directioni
while the very great advantages of location,
climate, accessibility or beauty possessed
by LoTin, Golden Gate, Berkeley, North
Oakland, Claremont, Piedmont, East Oak
land Heights, Fruityale etc, is sufficient
explanation of the attention being paid to
other outlying parts.
GOOD FOR WEST OAKLAND.
There promises to be a greater stir in
West Oakland soon than that part has known
for fourteen years. The creation of a park
where now exists the marsh, near the Six
teenth-street Depot which is certainty for
the near future, will transform one Of the
largest, the most accessible and valuable
portions of the city. Property now going
besging at S25 front foot will be held cheap
at four times that figure. The Watts Tract
and the large section OF North Oakland
contiguous thereto will emerge from the
neglect of the past and be quoted as often
in the records as they deserve.
The notes which follow, the result Of in
teFviews with few of the zeal estate men,
will aid in feeling the pulse of the market:
NOTES FROM OFFICES.
NJ. J. Laymancs & Co. report continu-
snce Of the active time they have expert
enced the past few weeks in the sale of lots
on the line OF the Haywards electric road.
They state that the condition Of the money
market is perceptbly better and payments
more regular.
E W. Woodward & Co. expect shortly to
place upon the market very valuable
property on the San Leandro road. short
distance this side Of Baywards Particulars
Later.
W. ]. Dlngee expresses great confidence
In the outlook for the immediate future.
Sales are frequent and the feeling easier.
On Saturday next, October 10Th, he will hold
q public auction of a choice selection of
business and residence property. An ex-
ceptionally good opportunity will be pre-
sented in this sale, which will include choice
lots in North Oakland. not far from the new
park, desirable building lots in Berkeley,
fine corner in Alameda, an elegant resi-
dence in East Oakland, cottage in Fruit
vale, besides several other pieces Of prop
erty. thus affording wide range, all on easy
terms.
IN FRUITvALE.
W. NJ. De Wolf of Fruitvale Station re-
ports things looking very well and the Sta
ton taking on quits the appearance of a
town. Inquiries are many, and q sort Of
nervous expectation seems TO possess peo-
pie that something Of importance will soon
take place there. There are more than
hints that the Southern Pacific will extend
its free service to Fruitvale. Consequently
prices are beginning to stltfen, and the prus-
Dect is that the experience of Twenty-third
avenue will be repeated here, and prices
double OF quadruple in years time. Mr.
De Wolf reports sales of three lots In the
De Wolf Tract on Friday and four yester-
day. The water company is now extending
It's mains to the tract Mr.. Wilbur has
moved into his house on Nichol avenue in
the tract, and Mr.. De Wolf moves into his
fine residence there in two weeks.
Davis 81 Macarthur OF Fruityale are in
good temper over the movement of things
and report satisfactory activity. They have
some fine property.
The Syndicate Investment Company of
San Francisco have opened an office at
Fruitvale, being housed in tent at present
Mr.. Snetsinger expects to open an Office at
Fruitvale Immediately.
Contracts have been let for the regarding
and matchmaking of Eruitvale avenue the
full length. This will make 1t splendid
thOrOughfaTe
A fine new house is in progress on the
Bechtel property on Fruityale avenue, near
Nichol.
J. NJ. Merritt of Brooklyn Station reports
decidedly better business during the past
week than for some time previously. In the
FIuitVale Terrace Tract at TalcOtt Station,
on the Laundry Farm line. he finds that the
splendid location and natural advantages of
the spot make sales very easy. Extensive
improvements in the way of handsome sub
urban residences are planned on the tract
IN ALAMEDA.
4 deal of attention is just now being d.
rected toward High street and the upper end
of town. 1t is predicted by parties we'll ad
Vised that prices for property there will
have a decided rise within month.
A fine new hotel is being erected on the
corner Of Monroe and High streets. The
Thompson place on Central avenue, near
High street, is also being fitted up, the in
tention being to make-a santarium of it on
handsome scale. The new school-house
is well under way.
Mcclure, Fitch & Co. of Bay Station seem
to have an unusually good thing In Fitch
burg. They report sales c0Dstant-twelve
lois yesterday, nine the day previous aud so
on Fitchburg will soon be the terminus of
the local run on the broad gauge liue.
Judd, Hanley & Co. report sales as fol-
lows: Lot between Chestnut and Willow
streets, on Eagle avenue, to Simon 2. Davis !;
lot on the southeast corner Of Jefferson and