The San Francisco call., 1910-06-25
BRISK CALL FOR
OAKLAND REALTY
Many Contracts Are Signed for
Important Building Opera
tiOns in the City


ket has been marked by brisk activity
this week, and especially by the
awarding of large contracts for con-
struction work, the completion of plans
for many new buildings, sales of valu-
able business properties and the i'm
petus given to the movement to build
up a strong. retail center at Fourteenth
and Clay streets.
The city of Oakland, through the
board of public works, has accepted
plans for the construction of the new
municipal building at Fourteenth and
Washington streets involving an expen-
ditUre OF $1,OO0,0O0.
one Of the most important moves of
the week was that of the directors of
the Oakland hotel company, who
awarded 21 contracts partly covering
the erection and completion of the new
Oakland hotel at Fourteenth and Har-
rison streets, and involving a total of
S54S,650
Another big realty deal was affected
when James =. Edon, receiver of the
California bank. now in course of liqui-
dation, sold the northeast corner of
Webster street at Thirteenth, with so
feet in Webster, and 100 feet in Thir-
teenth street, TO II. a. Powell for S37,-
shows a continued increase in realty
values in that vicinity. Powell is con-
sidering plans for improvement of the
site and the erection thereupon of a
new building.
BANK BUILDING NEARLY READY
The handsome new home of the Farm
ers' and Merchants bank at the south
east corner of Thirteenth and Franklin
streets is fast nearing completion and
III, I
next week, as one OF the best banking
rooms west Of Chicago.
The construction of residences con-
tinue TO increase, and Is homes now in
course Of erection involve more than
s125.000. OF these the residence of r.
A. Perry in Claremont. to be built after
designs by Architect J. Gather Newsom,
viii cost upward of $4,000.
Not only is the market in Oakland
active, but the condition of real estate
trade in the immediate vicinity of the
city shows marked stimulation. This
is principally evident at Richmond.
where the work of erecting the big fac
tory and shops of the Pullman palace
car company has caused an active de-
mand for lots. c. B. Jones & CO., 1866
Broadway, report increasing sales in
the Central Richmond tract near the
Pullman shops. and declare that 1000
mechanics win be employed on the COM
pletion Of the plant on September Is.
LOTS PLACED on MARKET
Nat NJ Crossley, manager of the
Realty syndicate's real estate depart
ment. made the following announce
ment:
The Realty Syndicate is preparing to place on
These lots sll in choice. well built up neigh
borhoods and all protected by building
was made in order to insure the immediate habi-
tston Of the various districts through which the
Oakland traction company has extended or is
planning 20 extend its line
In order to make the streetcar business profit
able il is necessary 10 develop the territory
through which the pass. No district in
Alameda county has a better car service than
realize that vacant lots bring nothing but
expenses and. although our Piedmont holdings
next few years. believe better afford
10 sell them II we can be reasonably assured
that purchasers are buying 10 build houses.
We propose 10 offer some of these lots for
little as $50 front foot in order to make quick
sales. and of the very choicest of their
holdings be had by bona fde home builders
for S25 and $50 a foot.
We are going 10 orer Piedmont lots on easy
terms and are willing TO assist purchasers IN
the building Of their homes We have installed
complete building department and employ
competent architect. whose duty it is 10 draw
and suggest plans for clients and to super
wise the erection Of their homes If they wish us
ANY responsible person with $500 or s.. 900
come to the syndicate and get q lot in
Piedmont. erect home 70 suit his ideas and
pay for the same in monthly instaliments. The
sible. and the prices quoted ought TO result in
selling every one Of the choice lots Of the Pied
mont district
The Offices at 1918 Broadway are now being
srrsnged preparatory to handling this Isl business;
houses are in course Of construction.
RENEWAL OF ACTIVITY
L. B. Bull. manager of the Frank K.
Mott company, said:
The sale Of the northeast corner of Thirteenth
and Webster streets by Receiver J. p Edof of
the California bank through this office this week
marks the renewal of activities in realty trans
fers in the section around the Bankers hotel.
very quickly the value of this corner as retail
location that can not fail 10 become good in
come producer on the completion of the new
vsnsaTy. Bankers hotel guests win pass and re-
pSss this corner inevitably an coming from
there Is no doubt that the sale is indication
of what Oakland may expect in the building of
retail shopping district adjacent TO its
magnificent new hotel now under construction
Our tract properties continue 70 sell WELL de-
spite this being the Immediately predividend
paving period Of the savings banks We have,
of course. number of deals waiting TO be
OF the savings bank depositor to disturb his
semiannual dividend which will be paid July
until after that time
BUYERS BUILD HOMES
Our purchasers of Eastlawn property. in East
Fourteenth street just this side of Elmhurst are
commencing TO build bungalow homes, even
though our street construction work IS not vet
entirely completed. The attraction of owning
property in private park, with prices prevaii-
ing at not over $50 front foot, and this within
the city limits. and the advantages Of trans
portstiOn--the property being trayersed by the
the Southern Pacific and Western Pacific rail
roads skirting il on the west-make il an ideal
place for the home builder of moderate means.
Wesley NJ. Crown has just returned from the
new D. 900 acre piece Of farming and townsite
land which purchased this month in Hum
boldt county with many additional evidences of
the fertility of the soil throughout new pos
sessions. he secured while there photograph
Of seven blackberries placed end to end, cover
ing space Of foot We have now on
display 4 branch Of this fruit. berry alone
measuring ~ inches in length. Apples grow IN
abundance with practically attention at all.
and only the railroad is needed to make this
section of the state a perfect fairyland for the
individual farmer. The new Northwestern Pa
this property. and the company's engineer has
chosen a depot site st Fort Seward, the
property Just acquired by Us.
In 1911 there VIII be unQuestionably a re-
markable growth IN such country sections as this
one. and Mr.. Mott firmly believes that in secur-
ing this property he has made of the most
successful real estate purchases Of the last 10
years.
HIGH CLASS RESIDENCES
Fred Z. Reed. subdivision manager of
the Laymance real estate company,
said:
vanteges Of Rock Ridge place for the man who
wants bis own home in high class residence
district The property is 90 beautiful within
and without and il protected by such carefully
thought OUT restrictions that il of necessity an
peas to the most desirable home seekers. Every