The San Francisco call., 1910-08-20
No. of
Permits. AmOur

Total. I......................... 50 $1O4,5SS
The Realty Syndicate is making a
big success of the sale of scattering
lots in Piedmont having sold more
than $4,000 worth Of this miscella-
neous property since July Is. Nat NJ.
Crossley, mana ger of the Realty Syn
dicate real estate department, said:
There is no question that people living around
the bay are interested in Piedmont properties
Our proposal TO sell all Of our scattering lots
has met with biz success. These properties are
located in various districts of Piedmont, and are
20 diversified in their various advantages that we
are unable TO handle them except in retail
way. We have much property in the form OF
acreage that we had but very little disposition
10 bother with the lots that remained in our
possession in Piedmont. As consequence we
decided TO put prices upon them that would clear
them out in hurry.
Some of these lots are being offered for as
been priced at $50 and SS5. When you consider
that there is a great deal Of property in Pied
mont that is being sold at S75 and $50 per front
foot. IL is difficult 10 imagine the reason of
our success in disposing Of our miscellaneous
holdings We notice quite q call for acreage
back OF Clsremont. The syndicate owns practt-
csuy all Of this country. and as Claremont
Manor has 81 been sold out at an average OF
$40 per front foot the adjoining property is be
ginning 10 interest home seekers. There seems
no doubt that Caremont will eventually ex-
tend well back into the hills. ana acreage pur-
chased stfpresent quotations is sure TO prove ex-
ceedingly profitable to buyers.
OAKLAND'S NEW PARKS
The following is from the Realty
News. a monthly publication, issued by
the Realty Syndicate and conveying
much interesting information:
The intimate relationship between public park
Development and the expansion OF private I'M
proyements and the increased valuation of realty
has in no city been more clearly demonstrated
than il has been in Oakland during the last Two
years. Under the intelligent management Of the
park commissioners the park lands OF the city
being rapidly improved, and enough develop
prove that they viii soon become the most at
tractive kind Of public showplaces and delightful
spots for daily rest and recreation.
Oakland possesses 323 acres of public parks
OF this the water park of Lake Merritt
contains l60 acres. The remainder is subdivided
in tracts of varying sizes in different points
throughout the city. The largest individual
tract is Peralta park. which embraces 30 acres
OF What was less than two years ago un-
slightly salt marsh. This is in process Of recla-
nation by the board Of public works II will
be a wear or more before il will be in shape to
turn over 10 the park commission TO lay ont in
lawns, flower beds and Fairgrounds, which is
the scheme of its final improvement.
Another tract Of reclaimed land is the II acres
lying At the northeast arm Of Lake Merritt. This
tract is known Lake Shore park. Pine Knoll
park comprises two acres, and this is now all
Tho Adams Point park lands are being grad
uslly put under cultivation. De Fremery park,
comprising TO- 40 acres. is nearly all laid ont for
park uses. with tennis courts and other accesso-
ries. and half Of the 10 acres in Bay View park,
living in the West Oakland marshes has been
-scIsimed and Is heing nsed as a nnhic baseball
ground The remaining half viii be reclaimed as
fast the soil can be obtained from basement
excavations I'm the territory tributary TO it.
Meantime the park commissioners have been
improving the older parks scattered through the
city. and since these have been under the juris-
diction Of the commissioners vast improvement
has been noticeable in their condition
The development Of these park lands has pro-
duced magical changes in the condition OF neigh
boring property. Territory which two three
years ago was practically vacant land has since
been covered with handsome residences of a
costly character and the grounds around them
brought 10 high state of cultivation. Miles
upon miles of new streets have been opened,
curbed, macadamized and sidewalked with con
crete Land which. prior TO the inception of
these park Improvements, had only an acrea ge
value has today high front foot value and
any one lot Of moderate area Is worth many
times more than the former acreage value Mean
time hundreds OF thousands. and possibly several
millions Of dollars have been spent in the con-
struction Of sewers. streets and other improve
ments I'm the opening of the territory for settle
ment. and thousands have been added to the
citys population.
ROCK RIDGE BOOMING
F. K. Reed. subdivision manager of
the Laymance real estate company.
said:
Probably the strongest argument used in the
sale OF Rock Ridge place property has been that
point to the best residence districts on this side
Of the bay and say. Five years ago this land
sold for what we ask for Rock Ridge place to
day. Now you can't touch ii for FIVE times that
figure Then have shown them the advap-
tages our subdivision has over those even in IFS
infancy, and needless TO say we've sold the prom
erty.
Now that over half OF Rock Ridge place is
sold and able to show Just how the tract
will look when homes built on the various
home sites able 10 draw other Interesting
comparisons in values. While our lots arera 90
90 feet we have sold number of 40 foot home
sites whose larger homes and more extensive
gardens Will increase sll our land values While
we are not desirous Of selling 70 investors nre-
ferrng that the profits be made by those who
build their homes in the tract, the investment
values can not be overlooked. The same tbfng
that makes vacant lots on Pacific avenue worth
81 600 a foot and those in Chester place Los
Angeles sell for $500. will make these lots sd
joining the fine homes Of Rock Ridge place bring
large sums.
We anticipate an immediate rise in values Of
this property when the city has finished paving
Broadway from the Country club TO our farthest
street Ocean View drive. Then Broadway will
DE OakIand's leading boulevard drive. and every
one who passes Rock Ridge place, going direct
from Oakland's business center TO the Claremont
hills. viii what a perfect private residence
park have. Then is when the people who
have already bought lots in Rock Ridge place
sell at resale IL they desire, and their
profits need not be small.
DOWNTOWN LOTS AT PREMIUM
George W. Austin, in discussing the
condition of the real estate market,
said:
The last fortnight's business indicates de-
eided sPurt. In fact, there has been more