The San Francisco call., 1905-01-02
BANNER YEAR
COMES TO END
Oakland Real Estate Dealers
Pleased With the Record
of Last Twelve Months
PROSPERITY CONTINUES
Condition of the Market
Indicates That Present
Activity Is Permanent
Oakland Office San Francisco Cali'
1915 Broadway, Jan. L.

Oakland Office San FranclSCO N0A'
1915 Broadway Jan. 1.
The close of 1904 marks the END Oh
the most successful year for real es-
tate dealers since Oakland was only
a collection of shanties on the east
shore Of the bay, time when the SET
tlement here had not even a name
The year has seen larger sales Oh prop
erty, more building of homes ana
greater demand for houses for rent
than ever before in the history Oh
the city, and all these things clearly
prove Oakland is growing, potn as
commercial and a residence center.
The two most important factors IN
the progress of the city during the
year have been, first, steady lnhux
of capital from the Northern and East
ern States, which has been invested
in Oakland property, and second, the
continued prosperity of the older resi-
dents of the city, which has enapleo
many people who have heretofore
lived in rented houses to purchase
property and build homes or thelr own.
Not only has the year been a pros
porous one for Oakland, but Berkeley
Alameda and other suburban towns
have had a full share in this pros
"
erty, which at the beginning of the
year were entirely vacant, have been
subdivided and built up with cottages
and villas. In most of these tracts all
the street work has been completed
sidewalks and sewers laid and in many
cases ornamental trees have peen
planted, transforming the previously
barren tracts into veritable parks.
DEMAND FOR BAY FRONTAGE.
The efforts of the Board of Trade
to obtain much needed improvements
for Oakland harbor and the likelihood
that these efforts will be successful have
given an added stimulus to the previ-
ously large demand for manufacturing
sites along the shores of the harbor.
Since the committee sent to washing
ton by the Board of Trade to confer
i with the Congressional Committee on
Rivers and Harbors returned with the
report that large appropriation, was
likely to be granted to Oakland many
Eastern manufacturers have made in
quiries as to the prices and locations
oe manufacturing properties abutting
OF the estuary.
Among the important suburban
tracts recently placed on the market
is the Bayside tract in Alameda. This
is on Bay street, near San Antonio ave-
nue., and contains forty EIGHT lots. each
oVN10U Ieel. lie ITdCI Is III tHS IldIldS
OF the E. d. Judd Company. Mr.. Judd
says of the tract:
The Bayside tract has never before been
available, having been held by the former
owner for nearly forty years. The streets on
which all the lots in the tract front have al
ready been severed and will at once be mac
aadamized and finished with stone cutters.
Palm trees will be planted along the side
walks. There from to three liveoak
trees each lot The tract has already
been subdivided and several of the lots have
been sold.
The year has been most prosperous and
expect that the present year will prove even
more So. There is a steady demand for resi-
dence property in Alameda and the inquiry
for houses for rent is also very brisk.