The San Francisco call., 1910-03-05
Sl316 I
1900 BY MARns
GnAND AvENUE HEIGHTS

The Frank X Mott company an
ro1nce that prices viii be raised in
. Grand Avenue heights Monday. March
a. and are planning to notify all pros
pective purchasers SO that they may
close Up their transactions before that
date This piece Of property has been
upon the market for two years, and
during this entire period. in spite of
ain expenditure Of 100000 for i'm
rrovcments, no raise of prices has been
made All lots sold between now and
March "A win be entered at the open
inE sale prices. which viii mean a very
considerable saving 10 those who take
immediate action. Speaking Of this,
E r. Bull, manager Of the company,
said:
IN addition to all Of the work of
- Improvement that has been going
on at Grand Avenue heights within
the last two years, there is soon to
be something of even more radical
benefit 10 residents which amply
- justifes US in raising prices very
: materially We have held the
p prices down just as long as the
stock holders of the company would
- permit as, and in all probability
had the property been in other
ha nds II would have long since
- been raised in price. We believe
in holding prices down, however,
:: rs long as ii is possible to do so,
~ it develops the property and Ulti-
. mately makes the balance of lots
. D example Of how Grand Avenue
heights is selling, ] can say that
during the last 10 days we have
..-soId nearly $4,000 worth Of lots
>. and that between now and March
D. "a we expect to sell at least
equal amount There is no prop
ertv in the city Of Oakland that is
more desirable, and there is abso-
l,Ifelv nothing at moderate prices
- that has 2 view to be at all COM
-. pared with that Of Grand Avenue
Il
heights. our street work is Just
zs me "a il can possibly be made.
- and as our building restrictions re-
. @quire that no residences costing
p less than $4,000 be erected, the
character of the tract is assured
e. beyond all question.
our business during the month
Of February has exceeded that of
any Of the last four months, and it
. looks 20 me as though the coming
- -snring and summer would see
-4erV radical reViva! in the real es-
.tate business We tlre now prepar-
ing to open UP EastlaWn, spien-
:: did 80 acre subdivision in East
Fourteenth street and Seminary
avenue which. with our sales IN
g.. Grand Avenue heights and miscel
: laneous city properties, should en-
able as 70 eclipse all previous rec
p. ords. We are going TO oner the
= public a fine proposition in East
:" lawn. and expect TO create an i'm
D., ..aaense amount Of interest as soon
as-we announce our general open
= pieces Of undeveloped realty in the
4" c{ty and we are going to see that
!. i. is placed upon the market
- go gi pped with the highest grade of
#:-<f tract improvements possible to Sc
= lHre IT has been divided into 40
r. foot lots which Will sell at from
-. 81 q TO $50 per foot, which price in
*.-clMdes ali the improvements.
:~...'Ihe Frank X. Mott company is plan
gifng TO enlarge their Offices, having en-
.5erea aggressively into the insurance,
56niing and other branches Of the real
estate business
:CLAREMONT,S ARTISTIC HOMES
&: Cisremont's beautiful residence loca-
:{loH IS giving architects keen delight
e 4Jisdeyeloping artistic homes in that su-
:: :y6rb section. J. Gather Newsom has
, completed plans for twin residence in
= he hin district. which is a fair type OF
[:r6e character Of new dwellings that are
.being erected there
:::<'The last link in the chain Of private
';pafk tracts between Piedmont ana