The San Francisco call., 1903-12-07
OAKLAND REALTY
MARKET ACTIVE
Dealers Report Heavy
Business for Holiday
Season.
Oakland omce San Francisco Call,

111S Broadway, Dec. 6.
Conditions in the local realty market
have changed but little in the last
week although there is naturally a
slight depression, owing to the proxim-
ity Of the holiday season. Dealers re-
port an advance of to 10 per cent over
the prices Of the same period last year,
with nearly double the number Of in-
quiries for all kinds of property. All
the real estate men agree that houses
to rent are very scarce, and it is prac-
tically impossible to secure stores in
desirable locations.
A number of the leading real estate
men are endeavoring to perfect plans
for organizing a real estate associa-
tion in this city. A meeting was held
last week in the offices of Woodward.
Watson & Co., at which a committee
consisting of ]. T. Bell, A. H. Breed and
Harry Belden, presented an original
draft of proposed constitution for the
government of the association. 1t was
proposed to give the new organization
the name Of the Oakland Real Estate
Association. Further plans will be dis
cussed at a meeting to be held next
Wednesday evening at the same place.
Following are statements from some
of the local real estate dealers:
Henry A. Dodge of the firm of S. NJ. Dodge
& Son-Oal5land is coming 70 the attention or
outside manufacturers, business men, buyers
and spectators as never before. In san Fran
cisco fortunes are constantly being made by
buying and selling business property. IN Oak-
land the constant growth OF population and the
increase Of business is producing similar op-
portunities of investment, and many buyers
from San Francisco and elsewhere are ooserY-
ing the fact and increasing number are
taking advantage Of II with proht.
In past years Oaklands proximity to San
FTrancisco has been both a detriment and
benefit. Now very small, and am glad 10
see decreasing. proportion OF trading is done
in San Francisco by Oakland people, and oak
lands business enterprises are multiplying
and enlarging in a very gratifying way. That
many san Francisco merchants are realizing
this is evidenced by the number OF me stores
which they conduct in Oakland as branch
stores without anything TO indicate that they
are branch stores. Because or TINS increased
business property values are going up and
I9es5dence property values depend upon their
nesrness to the center of business. Therefore
Oakland residence properties have double
advantage in being near two business eenters'
San Francisco, the money center OF California,
and Oakland city which experts believe TO
offer golden opportunities for money-making
With the new key route ferry line poats IN
operation Oakland is only twenty-five minutes
an noint Of time from San Francisco, and as
there are seven round trips made by hrst-elass
and rapid passenger boats eaen nouI resi9enee
Tronerties here are as accessible to San Fran
cisco business men as are many OF the resi-
dence sections of San Francisco. These are
tba reasons why Oakland is coming under the
favorable notice of many outsiders VINO
are ready and anxious to invest their money
in real estate where II VIII surely ylelo large
Numerous Oakland business men have very
wisely invested in san Francisco reI es.ale @ -, 20
their advantage, but those same men are also
dealing successfully in Oakland realty IN the
direct line Of growth Of our city: me point
I wish to make is that Oakland real estate
,eears q onod ouportunity to the wise man
and is worthy OF the careful study ana action
Of men who See things N oaGnapyhere has
been but little change in realty conaiti0ns our aur-
ing the last week but compared with this time
last YEAR the market IS far more active. we
bsrss inouiries every day for desirable home
sites in all parts of the city, especlasiy IN tne
northern portion and in East oaklana- ,o.
ton OF a few years when there viii be large
number OF manufacturing plants located along
the water front. The opening up OF the Orien-
fal market will make IL necessary TO establish
ali kinds OF factories ON the Pacinc Coast, ana
from its location and natprad sasansaEes as
Francisco, Oakland is the city where most OF
these enterprises will locate
Of Oakland is rapidly expanding. One OF the
largest printing establishments IN the city is
contempiating the erection of a three-story bus
mess block at Twelfth and Harrison streets
and we have had several sites as far west as
jefferson street.
Isle sleep and the next hve years VIII witness
greater progress in this city than did the last
twenty years.
Frank J. woodward of the flrm of Woodward
& Watson-The conditions of the market at
present are most favorable. Residence prop
erty in all parts of the city Is in great de-
mand but TnoEe especially that located con-
Nenient 70 the business center. The inquiries
at present are mostly for homes, at prices
ranging from $1,000 TO $1,000
The business district is expanding very rap
idly north and west. The district bounded by
Fourteenth and Twentieth, and Broadway and
jefferson street seems most favored at present
although We have had number Of inquiries
during the past month for business sites nearer
the business center. There Is one thing how
ever, which. II accomplished, will stimulate the
Oakland real estate market more than any
other one thing that ] know Of That is the
improvement Of Oakland's principal thorough
fares. Some Of the streets are IN such con-
dition that they are veritable black eye to
the city.
People desiring to invest in real estate natur-
ally prefer 10 be located on streets which are
in good repair.
Pen troubles disappear when you get a
fountain pen that fits your hand. Having
all kinds we can ft any hand. Prices
from $l.00 TO $500 each. Sanborn. Vail &