The San Francisco call., 1910-04-16
BUYERS inquire
FOR Home SITES
Oakland Brokers Satisfied With
the General Condition of
Realty Market

OAKLAND. April 15.-Sales of real
estate during the week have been good.
Buyers for residence sites are much In
evidence and business property is COM
handing attention. Investors are look
ing in the district between Twelfth and
Fourteenth streets, Bros dway and JET
ferson street with considerable interest.
This is one Of the growing sections of
the city and is destined TO become an
important retail center Fourteenth
street is developing rapidly as a prone
made thoroughfare.
The erection Of a S1.00O.OOO municipal
building win add greatly TO the at
trsctiveness of this new district.
}. VI. c. A. TO SELL
Negotiations are on foot for the sale
Of the Y. N. c. A. property at the north
east corner Of Fourteenth and Jefferson
streets. II is said that the figure is
close to $4,000, which will be an
other record mark for sales in this Sec
tion of the city.
STEADY CALL FOR HOMES
Outside tracts are reported to be in
good shape. Dealers say that they are
surprised a { the steady call for homes
in the newly opened sections. The in
Quiry comes. too, from many sources
beyond the city and the state. Oak
land is expecting q large influx of pop
ulstion when the Western Pacific rail-
road is in regular operation this sum
mer.
No city on the Pacific coast has at
tTacted so much attention by reason OF
public improvements the last few years
as Oakland And there appears TO be
no end 10 the public spirit which is sc
strongly manifested.
AGREE UPON QUAY PLANS
The announcement by the Oakland
board OF harbor commissioners that the
engineers plans for the type Of con-
struction TO be used in the quay wall
along the 400 feet of estuary water
front To be improved had been agreed
upon IL regarded as a most important
occurrence ia the history of this city s
development The bonds have been
voted for the construction work and
acquisition Of such lands as may be
necessary in carrying out the plans OF
Mayor Mott and the municipal govern
ment for the estuary improvement, and
il addition the mayor this week stated
that actual work viii probably be be-
sun by June l.
The fact that the preliminary de-
tails have been disposed of and the
actual construction of the extensive
municipal works is 10 commence Sc
promptly is valuable not only in the
assurance OF a large expenditure for
labor and material, but its chief i'm
portance I'm the opinion of real estate
men lies in the assurance that oak
lands go ahead policy is not to be
retarded
The western water front development
plans have been put forward a lone
way by the partial agreement between
the city government and the Key
Route people IA relation 10 the manner
in which the west front viii be handled
REALTY MEN ENCOURAGED
In the weeks operations and deveI-
opments the element that gives the
substantial encouragement TO realty
men is not the magnitude of the oper-
atiOns so much as the exhibition Of a
determination TO go steadily forward
along the lines of Improvement which
have been mapped out and well consid-
cred.
The building operations as shown
by the report Of the building inspec-
lion department Of the board Of public
works indicate that the construction
OF residence houses is TO meet the ex-
pectatiOns Of the most sanguine. The
number and value Of new buildings for
which permits were issued last week in
the newly annexed territory far ex-
ceeds the number OF buildings and the
value thereof in any of the older wards
This equal development of all Sec
tons OF the city Is giving the greatest
satisfaction TO realty men, who base
their investments on the idea that Oak
land is not to be a one sided city.
Following is a summary of building
permits applied for during the week as
compiled by Walter B. Fawcett, the
secretary: