The San Francisco call., 1906-11-05
BAY CITIES HAVE
BUILDING BOOM.
Enjoy Great Prosperity,
Which Results From Re
building Of San Francisco

both business and residence properties
are ia demand. Never IN the history
Of tie city has the inquiry been so
far reaching. Il has spread over the
city aropcr and extended until one can
see its efforts for miles beyond the
municipal limits.
D.. The bay cities are booming with the
Uphuilding OF San Francisco.
The building record continues to keep
pace" with the realty demand. Permits
We're issued last week for new struc
tuNes valued at S31l,00O. l3T in number,
Including repairs and renovations.
Merchants are realizing the necessity
Of meeting with public spirit the new
conditions. The electrical illumination
Of the main thoroughfares is progress
ing SO that in a short time brilliant
electrotiers viii adorn the main streets.
This work is in its beginning and re-
suits largely from Mayor Motifs sue
cessfuf crusade to underground"
wires in the business district. The
companies concerned are working in
that direction as rapidly as supplies of
labor and material viii permit
BEAUTIFUL HOME SOLD.
p r75GrEat5on has been made of the
re.: tsd sale through the Laymsnee
8e.. Estate Company OF Rose Crest,
lEe beautiful home on Vernon Heights
Of the Alexander Youngs. The pur-
chaser. Tyler Henshaw. paid 100000
for the property, said 10 be the highest
price eyer reached for an Oakland res
sdeHce.
Tie plans for the new Orpheum the
ater building TO be erected on the north
side OF Twelfth street, between Clay
and jefferson. have been completed.
The structure, four stories in height,
Will occupy an eighty-foot frontage
and run back TO Thirteenth street. The
theater entrance Will face TWelfth
street with two large stores on each
side. Above will be sixty apartments
The building viii be OF terra Gotta
with steel frame. The theater viii
seat 1000 persons. NJ J. Laymance,
president Of the Laymance Real Estate
Company, viii erect the building 1t
viii be completed June 1, 1907 The
Orpbeum Company takes ten years
lease on the theater.
George ". Austin has moved TO ele-
giant Offices at 1913 Broadway. The
p expansion of Austin's business is one
Of the noteworthy features or realty
affairs in Oakland Austin, in review
ing the market, said:
There is no let up TO the activity
OF the real estate business. but rather
an increase. Investors and purchasers
generally appear TO fully realize that
the development of Oakland Is sure
and permanent quantity. For a time
after the advents Of last April there
was q doubt in the minds OF many as
10 whether the boom were transient or
permanent As a result OF this many
Deople were deferred from buying real
estated. Now that doubt has passed
away and everybody is satisfied that
the wonderful activity has come TO
stay and that il will increase both in
interest and in volume.
Two very good sales were made IN
-I,Fe of ETfpnfh and CLAW
streets. and we also sold the northwest
corner OF Eighth and Alice. Alameda
property is the center Of much Inter
est and we sold one large tract over
there two days ago.
we now have pending three of the
largest deals in the heart or Oakland
that hara been reported in years They
are not Yet closed, although they will
be in a few days. Each Of them in
wolves 100000. 1t is interesting to
note that the fifty feet on Franklin
street adjoining the st. Mark Hotel
that we sold last week for $4,000
could be sold today at a big advance.
but the owners are satisfied that within
ninety days they can sell and realize
very handsome profit. This is no
uncommon incident; such are taking
place all over town.
Three months ago I directed at
tention TO the interest that was being
shown in property west OF San Pablo
as far as Grove street. This interest
has increased until II is now general
and all this section is being held at
very healthy figures. Many large halls
and commercial buildings are being
erected in this section and ii is only
q matter OF months before Clay street
will be q rival Of Broadway. Those
big merchants who acquired large
blocks Of business property on Clay
street through as a couple Of weeks
ago are already consulting architects
regarding buildings. It is impossible
for anybody TO be too enthusiastic re-
garding Oakland today"
John A. Jones. a specialist in large
realty transactions. has associated
George W. Austin reports the follow
ing sales:
Lot on Ninth avenue and East Twen-
ty-third street. for c. H Daily to
George J. Farmer.
House and lot on Santa Fe avenue,
near San Pablo, in Emeryville, for ].
Y A Frates Of Sonoma Count to Mrs
Margaret A. Hutchinson
Lot on Telegraph avenue. near
Prince street, for Gueseppi Vincento
begin the construction of a pair Of
elegant fats on the property.
Lot on Ninth avenue and East Twen-
ty-second street, for c. H. Daily TO ID. D.
EaILd.
House and lot on Mead avenue, near
san Pablo, for Mrs. Susan Smith to
John Hartz who has just sold his store
7property on the avenue.
House and lot, 377 Walsworth ave.
nue. for John LItz TO NJ. H. Goldwater
House and lot on Twenty-third ave-
nue. for A z Kertcher to John II
Staehle Of Contra Costa County.
Store and fat on Seventeenth street
near San Pablo avenue, for W. H
Weilbye to a nonresident buyer.
Three flats on Adeline street, near
Seventh, for z. J. Shepardson TO Henry
c. Kayser.
Cottage on Franklin, near Twenti-
eth street, for L. T. Haskell TO A. Mier-
son & Sons, a corporation.
Store and fat on corner OF Tenth and
Center streets for A F. Wollitz to S
Benedettf.
Two lots on College avenue. near
the Country Club, for II. S. McKeen tC
Hersnan Windmuller.
Lot on West street near Apgar, fol
E - Walter 10 Mrs. V. +. Armacost.
House and lot on Market. near Twen-
ty-second street. for William AustiT
10 Max Levy.
House and lot on Twentieth street
near San Pablo avenue, for Mrs. Eliz
abeth Oberg.
CHURCH HAS OFFER.
II is understood in realty circles
that the Bailey property. $50 fee
fropfaRe on Fourteenth street ad1oin