The San Francisco call., 1905-04-03
RAILROAD PLAN
CAUSES FURRY
Values Along Proposed New
Line of key Route Ad-
vance Most Satisfactorily
MANY HOMES ARE BUILT
People. From San Francisco
Line of the key Route"
Advance Satisfactorily

OAKLAND April 2.-The announce
ment of the plans of the Key Route
Company for their main line on Twen-
ty-second street has caused jump in
property values in the vicinity of San
Pablo avenue and Twenty-second
street, and in several cases the price
has advanced to $400 a front foot. The
plans of the Key Route include not only
the building of the line along Twenty
second street, but also the establish
ment of general and division offices IN
the present headquarters at San Pablo
avenue and Jones street.
The new crosstown line will extend
along Twenty second street from
Broadway west and will connect with
all the main lines of the Oakland
Transit Company. Stations will be
erected at Broadway, Telegraph ave-
nue., San Pablo avenue and Market
street. In order to secure direct right
of way through to Broadway the Key
Route Company has purchased from
Charles Jurgens the property on Broad
way, which faces Twenty-second street,
which ends at Telegraph avenue. The
new line will run directly through this
property to Broadway.
Another transaction which has re-
suited directly from the plans for the
new line is the sale of a lot on San
Pablo avenue, near Twenty second
street to d. j. Hall by c. H. King. 1t
is reported that Mr. Hall has bought
more than 5000 feet of property along
the right of way of the new line.
Since 1t was established the opera
tions of the Key Route have been in
strumental in the development of sew
eral large tracts of suburban property.
HolcomD, Breed & Bancroft report
about twenty residences recently COM
pleted or in course Of construction on
Santa Fe tract No. 5, near the Key
Route South Berkeley station, and
about twenty-five attractive cottages,
colonial style houses and flats on Santa
Fe tracts Nos. 2, 8, 4 and Z, located
close to the Fifty-fifth street station
of the Berkeley Key Route line, now in
operation, and also close to the Fifty
fifth street branch Key Route line, now
being built.
Among San Francisco builders on
these Santa Fe tracts are the follow
ing:
C H. Howard and A. c. MacFarlane of San
Francisco. Fffty-first street. near Dover;
on Fifty third street; G. H. senter of the
Oceanic Steamshiup Company, San Francisco.
Malone. Nj 1re DIR. 6. h Walworth + G. Burr Jr.
4. Allison and Mark A Thomas, all OF San
Francisco on Fifty fourth street. near Mar
ket On Santa Fe tract No. 3, near the South
Berkeley station Of the Key route Mrs. En-
feldt of San Francisco Is about TO build a
fve-room cottage on Sixty-third street; Mr.
Scheiley of San Francisco. at attractive
bungalow Sixty second street; Mr. Ludlow
of San Francisco has purchased the Hinch
Mr. Root OF San Francisco has plans prepared
for cottage on Sixty-seeond street: ellison
Macy Of san hate tTast As 70
San Francisco is about to build colonial
residence of Sixty-frst street. On Santa Fe
tract No. 6, located on Alcatraz and College
ber of attractive cottages. and Fl. Nj. Turrell
has nearly completed two HISTORY houses.
One of the most important sales of
last month was that of the old KinseH
homestead tract at Elmhurst, by j. S.
Myers of Oakland. The Federal Realty
Company of San Francisco will handle
the tract in that city. The tract con-
tains sixty acres and the purchase price
was $1,000 an acre. The purchasers will
at once begin the work of subdividing
the property into building lots. Streets
and sidewalks will be completed.
Albert S. Day has made several sales
in the last week, among the most i'm
portant of which were a forty-foot lot
on Webster street, near Fourteenth; a
lot on Waverly street and $4,000 cot
tage on Havre street. Mr.. Day is soon
He reports many inquiries for Oakland
property, both foreign and local.
James S. Naismith is now established
in his new offices at 1856 Washington
street, in the new Bacon building. He
reported several good sales last week
and a steady increase of inquiry for
Oakland residence property.
William j. Laymance of the Lay
nance Real Estate Company reports a
demand for houses for rent.
The E. p. Vandercook Company has
recently secured contracts for the sale
of two elegant residence properties, one
of which is located on Merrimac street
and the other in Fruitvale. This COM
pany is also handling some splendid in
vestment property.
A. J. Snyder now has nine new resi-
dences in course of construction in the
Snyder tract, at Thirty first and Grove
streets. Twenty-Five new houses have
been erected on this tract in nine
months.
p. Wilbert of Haywards reports the
following sales: Lot 50x200 feet, with
Improvements, for Emeine Y. Hamer
TO Charles Allen, $4,000; two lots. 5Oxl50
feet each, in the Meek tract. for the
Meek estate TO Emeline v. Hamer, $1,000.
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