The San Francisco call., 1910-05-14
REPORT BY WARDS
LIZ ANNEXEp DISTRICT

in the annexed district and in the
suburbs the realty market is thriv-
ing Reports from real estate men
on the situation i'm those sections fol-
low
~ r. Minney. president of the Min
ney-Morse company. had this to say
today:
Nowhere is the law of cause and effect
more clearly seen in its inner workings than
fg rcal estate. For instance Irevwood and
Broadmeor were beautiful pieces of prop
crtT which would not have remained nm
rouebea until now il it had not been that
The high carfarc from Oakland made il
impracticabie Tor residence The immediate
cause back of our great success with both
of these properties WAS the reduction of
earfarc from l5 cents 10 cents.
Another instance may be seen in Mel
rose Htishts right now ono notices that
tif atiThlvn ~ the Pubic i cehtered
upon that tract and then looks for the
reason. II takes only hsFf a minute TO find
H. for the merest oniooker can not fail TO
SEQ that the building Of The railroad is
fhc greatest thing that would happen 20
Melr,se Heights. In the tract lsrge-fonce
If men IS at work on the grading and VIII
begin laying the track almost immediately
The poles are up ss far as MelroSe and an
extra track has been laid between Fruitysle
aud Melr0se- There VIII be two stations on
fhe tract when the system Is completed, 50
we shah have many commuters
George ". Austin reports demand a
litrie better and has closed the fol-
lowing sales this week:
q rar Mrs A. Strscey 10 Thomas Murphy. 8
Z room cottege in Forty second street near
A I-or Elmer Reed 70 Ethel Bartlett Of santa
cruz. l0r 3lEl00 and room modern cottage in
Slxty-sec0nd street 80 feet east Of Canning. for
For II. F. Bothin 70 John J. Fosen. tue south,
cast corner ~ East Sixteenth stree; and Third
avenue being 5oNlo0. for $3.50.
Mrs. r.. F. Bothin Of san Francisco to +. F.
Mood. ior 4oXI0o. in Third avenue between East
ROCK RIDGE SALES
Fred NJ Reed. subdivision manager
of the Laymance real estate company
said today:
saturday and sunday May p and D. viii
he our opening days in the sale Of Rock
gidge place We did not want to put the
property on the market 50 soon. but We
have s5ld all the lots with marine view in
Rock Ridge park. and the demand for more
~ the same kind of property has made
necessary our early marketing Of Rock Ridge
The new property fronts in Broadway just
beyond the golf links Of the Country club
end Is the restibule 10 Rock Ridge park
The roads which branch out from Rock
HAlse Dou.eN atl' ~. Ua.n ulLee, sPa1ned
by the gateway, viii wind through Rock
Ridge place and on into the park Opening
The new tract brings additional value 10
Rock Ridge park, as IL gives II an entrance
The classic gateway which is to mark the
Broadway entrance 10 our properties will
be commenced The architecture is Italian
Renaisssnee and the gateway viii be made
- concrete faced with Medusa cement 10
Iools IKE stone 900 years old This impos-
ing entrance is in Rock Ridge place just
one block east Of College avenue at Lawton-
REALTY SYNDICATE
Nat NJ Crossley. manager Of the real
estate department Of the Realty Syn
dicate, In an interview today said:
During tie last month have had a
great many calls for acre and half acre
pieces in Piedmont and Clsremont. psrticu-
slsrly around the Claremont country club
grounds This shows that Oakland is being
favored bv prospective buildersSof fine homes
aud the building Up II those districts viii
he an important part OF our work for the
hest II these properties years ago, with the
result that we own ana have for sale hun
dreds of attractive hOmesites ranging from
quarter acre 10 two or three acres each
scattered through the hills and among the
trees Of the widest and prettiest districts
~ the Clsremont section Businessmen
seeking future homesites where they can be
secluded from the activities Of the city and
yet enjoy every advantage are coming 70 as
with expressed desire to locate some
thing early and are right now picking out
the finest pieces Of this beautiful district.
Crossley stated that business in all
departments was good and that he ex-
pected a very active summer demand
G5s figures that the sale of the harbor
bonds. the certainty Of the coming OF
the worlds fair TO San Francisco and
the general interest OF the public all
over the United States in the advan-
tages OF California viii be the cause OF
great activity throughout the entire
state and that Oakland viii derive q
big proportion of the benefits.
SIs7.O0O OAKLAND DEAL
The largest single deal in real estate
FOR the week was negotiated and re-
ported by the Laymance real estate
company, in the purchase by Walter
Leinert and Wickham Havens of tho
Young Mems Christian association lot
AT the northeast corner OF Fourteenth
and Jefferson streets, for s137. 900. VIII.
liam J. Laymance paid deposit or
the price to the association last night
when the directors Of the association
ratified the sale.
The association bought the lot five
years ago for S3S,000. and has made q
profit OF nearly 100000. The lot had
been included in the assets of the asso-
citation at z valuation Of $135,00o. The
sale was desirable because the new
r. N. c. A building at Twenty first
street and Telegraph avenue is well
along toward completion.
The new holders Of the property say
they took it as an investment, and may
put il on the market again.
Berkeley Real Estate
BERKELEY May 13.-With the com
piction Of the five railroad lines under
construction to Northbrae this section
Of this city viii be in closer and more