The San Francisco call., 1904-04-11
MUCH PROPERTY
CHANGES HANDS
Dealers in Alameda County
Real Estate Report Very
Active Market for Week
VALUES ON THE RISE
Prices in North Oakland
and South Berkeley Have
Doubled in Three Years
Oakland Office San Francisco Cali.

111S Broadway, April 10.
The spring realty market has OPEN
ed up in earnest and dealers in Oak
land real estate have their hands full
supplying the wants of buyers and an
swering inquiries from prospective
purchasers. Market conditions are the
same in Alameda and Berkeley and
from present indications Alameda
County real estate will be in greater
demand than at any other time since
/ property on this side of the bay was
first placed on the market.
SO far the activity has not been con-
fined to residence property, several
large deals in business property hav
ing been recently closed, among them
being a lease between c. H. King, the
East Oakland capitalist and the Poly
technic Business College for the erec-
I ton of a four-story building on the
northwest corner of Twelfth and Har-
'rison streets. This lease was closed
by the Laymance Real Estate Com
pany.
LARGE TRACT SOLD.
Another important transaction was
the purchase by Daniel p. burst of
large tract of land near Fortieth street
and San Pablo avenue. The property
is part of the Coggeshall Tract and
was sold TO burst by Mrs. Eliza H.
I
purchase price was $4,000 A tract
Of sixty acres near Fruitvale was re-
Gently purchased by Mr.. burst the
price paid being 100000.
Berkeley real estate is in great de-
mand by homeseekers, especially since
the Alcatraz avenue line is to be ex-
/ tended 10 Bancroft way. and in this
vicinity prices have steadily advanced
until in some cases values are double
what they were two or three years
ago. Among the recent deals reported
by w. c. dOran of South Berkeley are
the following:
Building lot on Fairview street. sold
to c II. Dimick; residence on Grant
street, sold TO T. G. Nickle by J. Alme-
felt; building lot on Fairview street,
sold to A. NJ. Jones; building lot on
Fairview street. sold to Nathan
Pushie: cottage at 1923 Oregon street,
rented to Benjamin Rheinholdt. Mr.
/ Moran also reports that Architect ].
! c. Holloway has asked for bids for
the erection Of building on MCGEE
street, which will be occupied by James
stephens, and that L. Biermith is hav-
ing plans drawn for the construction
Of a two-story dwelling on. King
street which is to be occupied by him
self and family.
CORNER DIS SED OF.
J. J. Mason of Berkeley reports the
sale last Tuesday Of a piece of prop
erty on the corner of Addison street
and Shattuck avenue. 13SxI5O feet, to
! Fred A Dakin, a manufacturer of
hollow concrete stone and the pur-
chaser will soon begin the erection of
three-story business block of this
material. The purchase price Of this
property is reported to have been $685.
000
One Of the most important deals in
county real estate is the recent sale Of
the MerEiwa stock farm at Pleasanton,
/ formerly owned by r. Z. de B. Lopez
and transferred by him through the
Bank Of Livermore to J. Butler. a
millionaire horse-owner of New York
who viii use the place as a training
! and breeding farm. Mr.. Butler has
/ recently purchased about forty-five
young horses. all of which will be put
/ into training at Merriwa at once