The morning call., 1891-03-02
REAL ESTATE.
Review of the Weeks Market
Across the Bay.
Highland Park and Fruitvale Railroad-Ad-
vance at Twenty-third Avenue-At Fruit
vale and at LOrin-cutlook Bright.


Real estate in Oakland and her sister
cities has been rather quiet during the past
week. This is attributed entirely to the
i";ns and disagreeable weather, as in spite
oiI mere has been fair inquiry and COM
e. co,e banning to take advantage of the
II, ietulh of settled conditions. While
there are not many soIes of n,oon;trda ~
report, yet the feeling is excelIenf and thara
is general expectation of n brisl morket
shortly. In support OF this contention
those interested point to the Substantial
character and large amount OF improvements
now in progress or only awaiting fair
weather for commencement. Among the
most notable Of these are the new electric
and motor roads, which are enabling Oak
land 10 enlarge her tributary country and
perfect the means of easy communication
with outlying sections. OF these something
has already been written Of the OAKLAND
and Berkeley Electric Road, the building OF
which has had Il very favorable effect upon
the section through which it runs, and the
similar line from Oakland to Haywards. via
San Ieandro will be described when. con-
srructIon is begun. Meanwhile it will not
be out.of place to notice the
HIGHLAND PARK AND FRUITvALE RAIL
ROAD.
Which is now approaching completion. LII
Is to be motor road running from East
Oakland (Brooklyn) Station, ON the broad
gauge local lire of railway, out Thirteenth
avenue. through Highland Park, past the
California College, Beulah Park Camp
grounds TO the Hermitage. following the
line Of the present h OrSe-carS. Thence it
will tuIn down Frutvale avenue 10 the
station of that name on the local line. Tile
track is all laid, tile Fruitvale avenue pOr-
lion being almost entirely completed, a
force of men being now at Work recon-
stIucting the h0Tse-car line. Cars will CON
meet nth every train, aud during the day
fiteen-mlnute trips VIII be run. Ii Z. SEES
siOnS, President of. the Oakland Bank OF
Savings and one of the earliest and most ex-
peTienced real-estate ufen OF Oakland, IS
the protector and owner of this worthy I'M
prOvement This road will open up what
has long been considered one Of the choicest
locations this side III the bay for residence
pul poses, but owing TO difficulty If acces
las so far only seen rise on Its sunny slopes
the elegant homes OF. the wealthy. The
building of this toad, however, has caused
unwOnted activity in real estate in this Sec
ton, and several beautiful tracts of land
have been laid cut aud are now being
rapidly sold on easy terms. vi these, for
instance, are the DE Wolf, DImond; Flee
tric Heights and other tracts near the line
of the road, the Fruitvale Station Tract at
Frultyale Station, etc. As-shoWing what IS
the probable future OF Fruityale, II is worth
While noticing the
GROWTH AND ADVANCEMENT
OF TWenty-lhird avenue, the station just
this side Of Fruitvale. In the three years
since its discovery 50 to speak,, property
has enhanced in value from 100 to 500 per
cent, aud is.sill advancing. The kennedy
Ranch, Which then sold at $500 an acre. IS
now, v hen suodiy qed, 1etehlng Soeo anu
moie.a 25Xl00 foot lot. business property
OF TWenty-thiId avenue and Fourteenth
st eet then worth so per front foot, Is now
in demand al 500 % 100, and none 10 sup
ply the demand lt->idence property now
sells at S25 TO So ii foot, whereas formerly
file highest was 500 wenty-third avenue
has grown to be quite town ana business
center of no Little Importance. a -nroad
cement walk is about to be laid along -Four
teelth street to trultvalt, and gther snniiar
improvements are projected. There seems
no reason why EruItVaia should not repeat
the.eXperience Of Twenty-third avenue and
probably provide as signal instances OF
r;,pid money-making By the rise IN values
as Its prosperous nei2u Der. There IS lals
of establishing III the 0u skirts oil FrqtVale
a ifQtting park, leading owners OIL Diooeeu
stock being interested.
DESIRABLE LoRIN.
|. Upon the other side If Oakland f par
thai has been attracting. an unusual aianlnt
OF attention and that has. oeen OF late max
ing an almost. uneXamp.ed progress Il
~ IL.
road 1t lies midway between Oakland and
Berk eley, just at the height OF land and on
hccodnt OF its Superior trans portatioR faeili-
lies is much favored as placeof residence.
II IS enjoying a splendid prosperity, and 4
great ueat' OF building Is in pr gress; yet
strange as it may seem, the prices of prop
ertY, although rapidly tending upward, do
not as yet seem TO have caught the effect of
the. coming. electric road "a state of
affairs that. cannot last long. Observers
+. who ought to know assert that the compile
ton OF the road Will increase values by a
third or more. A line new public hall is
being erected at LOrln.
Around Piedmoht~is still another section
equally as progressive as those alrea y de-
scrfbed. but it is TOO important TO be brought
in at the end Of AN article. 1t will he mo-
liced again.
EVENTS OF THE WEEK.
The special auction Of Oakland and Ala
media property held by William j. ,DliSee
oil Saturday afternoon proved great sue
cess. Every lot in the block bounded by
Union, Twenty-eighth and Magnolia streets
was sold, prices ranging from $500 to 5000
considered very fair on all sides. Several
residences, both in Alameda and Oakland,
were also sold. :: The attendance was large
and bidding spirited. Mr.. Dingee reports
office sales during week OF lots in the Mckee
Tract, near LoriIr the Linda Rosa Tract,
at Fruitvale, and the Piedmont Tract at the
| end of the Piedmont cable road.
NJ. J. Laymance u Co. completed the sale
| of 140-acre ranch near San Leaudro to
| Timothy Paige, for 1. ii. Mcdonald and
| Amos Roberts, at q consideration aggregat-
| ing $4,000. They also report the sale of
| thirteen acres on the Piedmont cable road
| to DR.. WhitehOuSe at SAC, 900, ana the exist
| ence of much inquiry for Piedmont lands.
L. w. Woodward " Co. report tile real
| estate market quiet at the present time,
more on account of the recent heavy
| rains, bad streets, etc, than anything else,
| for in fair weather add pleasant days they
are kept busy all the time with customers:
| They are making many exchanges OF reai
| estate, county ranches, ETC., for city proper
ties, having exchanged something over $780,
| GEO worth within the last few months in
| Napa SonOma and especially Fresno Couht,,
lands for city improved and unillpr1 yea
| property. During the past week tney Hss .
| sold "A 20-acre lot in the Bell rancn, thal iles
this side of Niles, Alameda County
| Davis, Rowell 81 Pelton report very large
| sale that now only awaits the drawing OF
the deeds for completion. Particulars next
week.
have sold eight lots during the week in the
| Fruitvale-station Tract before placing 1t on
! the market. and an active Enquiry prevails.
| ii. w. Davis reports gOod week S WORK
with sale of six lots III the Electric Heishts
Tract. o.,.,,h.
| completed sales OF several lots in the De Vol
Tract, and reports inquiry increasingly ac-
tive =, fo,r 49,.
in Oakland curing the week, They report .
great deal Of inquiry for residence properly,
Rim q Caliaghan, at Center Station, re
mort sales of two cottages in West Oakland
PW e. Moran. at Lorin, reports sales o
two cottages and Of several lots for Dulsdint
purposes. ,,,rn,
Alameda is supremacy prosperous =
laa 81 one would judge SO by The large amour
of bniiding going on, especially III li't ilh'
0f high-class residences. During '-e yea
nroperty on Park street has advauee lI2h
$40 to 500 front foot and is steaai " ~
inr. The new bridge over the IL
on Park street, connecting Frtl
Alameda, bids for building WHO {. nV
called for, will have S baae fgra 4aas II
on prices Alameda has Pe IF pa a
citizens, So aasesosciaton which has since y
prose siln,ion accomplished great deal 0
SUJ Iare odds the most active actor ~ VI
ny m of the town. Ahnouen pos