The San Francisco call., 1910-04-09
NEW TRACTS ARE
OPEN TO BUYERS
Realty Dealers Announce Plans
for Sales of Several Fine
Residential Parks

estate has moved into the expected
healthy spring stride. Many large sales
have been recorded this week, and an
active demand for residence sites con-
tinues. The tract handlers are unani-
nous in their reports of good business
That the influx of new population is
large is the statement of brokers gen
orally.
Real estate owners and dealers
End in the sale at very satisfactory
prices Of several pieces of business
property and the uninterrupted prog
ress Of building i'm every section of the
residence district a confirmation of
their faith in the policy which has
been pursued by Oakland for several
years. This policy has been TO build
those things which Will be permanent
and which viii aSd to the desirability
Of Oakland q s a place OF residence and
business.
The Improvement of the park system
comprising 323 acres has been one fea-
ture in this policy. Though the eXpend-
itures for several years We're product
i've Of but small apparent results all
the work and money is now beginning
To bring ample returns in pleasure
places that are worthy of the name.
Inc prices al Mllcn QOWnlOW0 prop
erty has sold this week have been
largely Influenced by the permanent
public Improvements, such as indicated
in the case of the parks, ana in the
other directions in which public and
private money has been spent for per-
manent betterment.
Ia the same manner the rapid up
building Of the residence sections has
been largely induced by the extensive
work done in bringing to their pres
ent condition the 225 miles of improved
streets.
RAILROAD DEPOT PLANS
Though there was no public an
nouncement of the object of the visit
OF President E. P. Ripley and officials
OF the santa Fe railroad at the head
Of the freight traffic department Of that
system, il is believed that the tour of
inspection about Oakland is a forerun
ner Of some active work on the termi-
nal a Adeline and Twentieth streets.
RECORD PRICE SECURED
One of the big transactions of the
week was the sale through the Lay
nance real estate company of a lot 25
feet by 100 feet on the west side of
Washington street, % feet south of
Thirteenth street for SIS 900. Of $4,000
a foot. This is a record price. Th
property was sold by DR.. J. N. Kane
and Dr. George Reinle to b. J. Reilly
Of GOldheld, who has leased the land
for 10 years to c. J. Heeseman, the first
five years at $500 a month and an in
crease OF $50 a month the second five
years.
Heeseman has also leased from J. T
Moran the 25 feet adjoining at Thir-
teenth -treet. The buildings on the
property are being remodeled at heavy
cost TO become part of Heeseman's
large clothing house. z
J. A Hin has sold through the Lay
nance real estate company a lot SO feet
by 100 feet at the southwest corner of
Telegraph avenue and Thirty-third
street with two modern fat buildings.
70 @. Mounicat for $4,000. The same
company has sold TO Thomas Penning-
ton Of San Francisco the improved
property, $50 by 100 feet at the north
east corner Of Fourteenth and Madi-
son streets for $4,000.
'CHABOT HOMESTEAD DIVISION
George ". Austin will subdivide the
ChabOt homestead in Third avenue be-
tween East Fifteenth and East Six
taenth streets. 1t viii be placed on the
market.
The Oakland real estate association
has commenced a series of weekly
meetings at its headquarters in the
First National bank building
EASTLAWN PLACED ON MARKET
The Frank X Mott company made
one Of the important announcements of
the week when the new suburban
tract, Eastlawn. was placed upon the
market. This property is a delightful
residential park, giving all Of the
beautiful conditions Of suburban homes
coupled with the conveniences of the
city 1t is located south Of East Four
teenth street in the annexed district
and is accessible by the Hayward cleo
trio system The Southern Pacific and
the Western Pacific Will have stations
within a few minutes walk. It is
surrounded by a populous community
with stores, schools and churches
abounding, within a short distance is
Mills college, and near by are some of
the finest public schools in California.
RESTRICTIONS on BUILDING
In order 10 preserve the natural
beauty Of the locality building restric-
tions have been arranged which will be
maintained. E. B. Bull, manager of the
Frank x. Mott company, spoke of East
lawn as follows:
Esstlswn has the same peculiar combine
tion Of advantages that made such a success
OF al the santa Fe tracts and Of all the
other successful subdivisions IN this vicinity
transportation. climate, shopping advantages,
prices, building restrictions, street work and
drainage are the seven essentials Of success
IN judging the future Of subdivided piece
q residential property. and Easflawn enjoys
all seven 10 3 superlstiye degree.
The Southern Pacific has arranged 10 place
local depot right at the south BOUNDARY of
the tract, so that residents can step on the
train, and after 81 minute trip, reach the
foot Of Market street, San Francisco. The
Western Pacific will do the same as the two
roads parallel within q block Of Eastlawn
MELROSE HEIGHTS EXTENSION
The Southern Pacific company has
started 10 extend its electric interur-
ban railroad through Melrose heights.
NJ 7. Minney Of the Minney- Morse
company said:
The warm. even temperature of Broadunoor
and Iveywood appeals TO every family nsp
who visits this district and the man who is
seeking investments recognizes the future
that Is in store for this section of greater