The San Francisco call., 1905-05-01
SALES INDICATE
/. STEADY GROWTH
Transfers of Residence Prop
erty in Oakland Show
Increase in Population
NOT RESULT OF A BOOM
improvement of New Streets
in Berkeley Demonstrates
Development of the Town
NOT RESULT OF A BOOM


! OAKLAND, April 30.-A steady in
crease in the sales of all classes of real
estate has marked the month of April,
! indicating quiet, healthy growth in
the population of the city. This in
( crease in the sales of property is not
in any sense the result of boom, for
there is nothing in the city at the pres
! ent time to cause such a condition.
/ There have been no bonds voted, and
/ while there is considerable speculation
| in property along the proposed new
I lines of the Key Route system, this has
had but little effect on real estate in
other parts Of the city, and large per-
centage of the sales of residence prop
/ erty has been made in sections where
| the value of the land for home sites
! has been the only inducement to the
purchaser
| While most of the business done in
the last month has been in residence
property, there have been. several large
sales of centrally locatd business prop
erty, and several of the larger real eS-
tate firms report that large deals in
| this class of realty are now pending.
In no part of the city has the recent
development been more marked than
along the water front. Since the ap-
/ preparation was made by Congress for
| the improvement of the harbor new in
| terest has been manifested in water
| front land, and already several large
new wharVeS are in course of construc-
| tion. Among the most important of
these is the dock of the American
Magnesite Company, which has secured
fine location on Sessions Basin.
IN, col IF
dence property is not due to purchases
by real estate spectators is evidenced
by the fact that since the appointment
of the Building Inspector in this city
a large percentage of the permits for
new buildings issued by him have been
to people wishing to construct homes or
their own. The total number of new
buildings for which permits have been
issued is about sixty-five, and they
represent a valuation close to $4,000
The largest single structure for which
a permit has been obtained is store
and warehouse building to be erected
on the corner of Ninth and Franklin
streets by Timothy Donahue. The cost
will be $4,000
BRIGHT OUTLOOK FOR SUMNER.
Local real estate dealers are well
satisfied with the outlook for the COM
ing summer. Harry L. Holcomb says
that he now has commission from an
outside investor who wishes to secure
desira Bile business property in Oakland.
This party is willing to invest any part
of s1O0, 900 if he can secure a location to
suit Mr. Holcomb also says that there
/ continues to be steady demand for
residence property in the Roosevelt
Terrace Tract. Among the important
sales just closed by him is that of a
! choice residence site on Twenty-seventh
hot nh
| Grove street
E. L. Coryell, the successor OF AlDee
| & Coryell, who has recently opened
new offices In the First National Bank
building in Berkeley, says that in the
| last four weeks he has sold twenty
! lots in South Berkeley. He reports an
| increasing demand for property In all
parts of the college town.
James S. Naismith said to-day:
| During the past week have closed up
| number of very fine loans and taken deposits
| on two good sales, which expect to close up
! during the coming week. find the call Tor
1 fats dropping off considerably and there are
| more vacant fats now than at any time during
| the past three years So many new hais =
| have been built that there Is now surplus IL
| ANYTHING in this line l have many calls Tor
! houses and cottages and If double houses were
built they would rent at once.
The Oakland Board of Trade has
! Just issued Handsomely illustrated
!
pages of the new publication contain
views of all the more important points
of interest in the city, as well as mucn
| useful information for tourists ana
prospective investors.
An illustrated pamphlet has just
been published by the Board of Trade
| Of F'ruitvale. 1t is well illustrated
| with views of a number of fine homes
| In the pretty suburb and contains
much useful information as to the
| climatic and other advantages or tnat
| section of Alameda County.
| William H. Evans has just SOLO
1 LOT on the southwest corner of Fifth
and Webster streets, 100x90 feet, to
Mrs. Sarah walters. The price was
! $500.
MUCH CITY IMPROVEMENT.
| BERKELEY, April 30.--Nothing in
dicates better the development of a
| city than the improvement OF It's
streets, and in his last annual report
Thomas Rickard, president OF the
| Board of Trustees Of Berkeley, shows
| by the records of the Street Depart
ment that in the last year more than
six miles of new streets have been
graded and curbed and nearly mile
and half of new streets have been
/ macadamized. The total cost of this
work was $241, 900 40.
| More than five miles Of sewers have
! been constructed at a cost of $l9,-
| S5675. and nearly seven miles OF
4 cement sidewalks have been laid, at a
cost of about $4,000.
! President Richards report shows
| that the total cost of the improvement
| of Rerx oil ev's streets in the last wear