The San Francisco call., 1904-06-20
Business Men From Other
Cities Invest in Real Es-
tate in Alameda County
INTEREST IN NEW HOTEL
Committee Receives Offers
of Building Material to
Be Paid for in Stock
Oakland Office San Francisco Call.

and many sales of Oakland property
to people from other parts OF the state
and from the East have marked the
| last month. This influx of outside cap
| ital is one of the surest signs of pro-
gress in this city. Within the last
quarter nearly twenty new firms have
been organized in Oakland, and seven
of these are already located in the new
Bacon block on Washington street
During the present month the local
real estate market has been extremely
active. William ]. Laymance, of the
Laymance Real Estate Company, says
that fully twenty-five per cent of the
sales of Oakland property made since
the first of June, and in fact during
the past year, have been made to new
comers, who were first attracted to the
Pacific Coast by climatic conditions,
and after seeing the natural advan-
tages offered by this city decided upon
Oakland as an ideal location for busi-
ness and residence.
MANY NEW BUILDINGS.
Nearly one, hundred sets of plans for
new buildings were filed with Sanitary
Inspector Stewart +. Gemmel during
the month of May, fifty-eight of these
nine for flats and several for stores.
Plans for one bank and one cannery
were among those filed.
The construction work on the new
Union Savings Bank building, at
| Broadway and Thirteenth street, has
practically been completed, and the
decorators are now at work on the
first floor. The finishers have completed
their work in the Bacon block, and a
- al, axr
pied. All the stores on the ground
floor have been rented for some time.
The excavating for the new five
story apartment building which is TO
be erected on Broadway, just south of
the postoffice, has already begun. This
building will be constructed of brick,
iron and stone, and will be fireproof
throughout. The ground floor will be
used for stores. and the four upper
ones will be divided into apartments
with three or four rooms in each suite.
TOURIST HOTEL PLANS.
The executive committee in charge
of the new tourist hotel project will
hold a meeting early next week. The
subscriptions already received will then
be reported. A number of communica-
tions have been received by c. II. King
the chairman. and Edwin Stearns, sec
retary, of the executive committee
from dealers in granite, stone and other
building materials, in other parts of
the State, offering to furnish material
for the hotel and take stock in pay
ment. This is proof that the proposal
to erect an up-to-date tourist hotel in
this city is arousing interest outside of
Oakland, and it also proves that bust
ness men believe the new enterprise
will be successful.
The Realty Syndicate. through it's
agents, Wickham Havens, ]. II. Spring,
George Sterling and F. c. Havens,
have recently purchased 147 acres of
tide land on the Berkeley shore just
south of Flemings Point. The deeds
are signed by III. F. and Frederica NJ
Teschemacher Joseph H. and Agnes
H. Howard. E. d. and Julia d. Bey-
lard, and Henry P. Bowie. 1t is believ-
ed that the Realty Syndicate is simply
acting as the agent of some other cor
poration in making this important pur-
chase, for, while the frontage forms an
excellent site for a railway terminal.
it is not thought that any of the cor
porations allied to the syndicate have
plans for a terminal at that point.
Holcomb, Breed & Bancroft of Oak
land report very satisfactory business
for May, with strong demand for cot
ages to rent, and especially for fur
nished places. Latham Terrace which
is situated on the heights at the head
of Twenty-third avenue, is having a
ready sale. the prices being very low
owing to the closing up of an estate
Never in the history of this city has
any tract caused so much stir and at
tention as the Santa Fe tract. between
Telegraph avenue and Adeline street
and running north from Forty-seventh
to Fifty-f1fth street. It's proximity
to all the car lines and the excellent
service of the Key Route system has
made this particular tract prominent
There are in course of construction ten
good houses, the owners of which are
San Francisco business men. This firm
has put in all the street work, gas and
electric service and is beautifying the
streets with palm trees. Twenty lots
have been sold the last ten days
HOSPITAL FOR BERKELEY.
BERKELEY, June 19.-Berkeley is
likely to get very soon what it needs
almost more than anything elsa hos
pital. Recent accidents. in which there
was no place at hand to receive the
victims, demonstrated that the city is
woefully lacking in hospital facilities.
These accidents have furnished an OBJ
ject lesson to the townspeople, and the
result is a movement to establish a
sanitarium. A corporation is in pro-
| cess or formation and efforts are max
ing to acquire the old Hume property.
with it's fine mansion, on Dwight way,
so that it may be turned into a shelter
for sick and injured persons. The ne
gotiations with Mrs. Bessie Hume, who
| owns the property, are being carried
on by w. r. Ellis & Co., the real estate
| men. 1t Is understood that when the
transaction is completed $25,000 will
change hands. The Hume residence is
well located for such a purpose, and
| 1t is proposed to spend at least $4,000
| on equipment of the sixteen rooms con-
I tanned within it.
| H. d. Irwin, the South Berkeley real
estate man. has sold a number of
, houses and lots lately in his part of the
4 town. None of the houses are very ex-
pensive, but they are to be occupied by
families who will add much to the tone
and wealth of the place. There is a
marked improvement in the style of
architecture in South Berkeley, and this
| is drawing people of taste and some
| means in that direction. Among the
| transactions Irwin has lately nego-
| tiated are the following sales: Home
| on Sixty third street to John Thomson,
$1,000; home on Grove street, Mrs. Kab-
| ler, $2750: home on Essex street, M. A.
McColloster S2700: home on Stuart
| street Mr. Maher S2500: home on Alca-