Oakland Tribune from Oakland, California • Page 27

DEVELOPMENT mm BUILDING vol. exxiv- OAKLAND, CALIFORNIA, SUNDAY, MAY 17, 1936 C-5 NO. AN OAK KNOLL VISTA ESTUDILLB SITE ORINDA HOME mam im iff ST OAK KNDLL WINS ACCLA "Since The latest new home was opened last-week in F.studillo Estates, it has-'been visited by many home seekers." al-, of whom were impressed by the plan of its room arrangement;" Stanley. M. Davis, well-known builder, reports He added' "From a central hall every room is easily accessible.

A few steps leads to the spacious living room or to the dining room which connects with the kitchen and breakfast room, and from this snme hall a The sales management of Oak Knoll home has resiclenc is cha racterHttc of the "out-door" atmos- This atlrac plicie of hornet vantages anc( in OrindavOi pany, a new organization in which David D. Bohannon is one of-the principals. golf course in the foreground, with Oak Knoll homes and sites nestling in the background of hills. il'T" 1- 11 De direclly sem DOORWAY STUDY Climate, Jow taxes, recreational facilities and ideal sites for a country home, are a combination that has drawn hundreds of visitors to Orinda during the past few weeks, it is announced by Eobert B. Mitchell of Mitchell and Austin, in charge of the developments Orinda is distinctly a rural development, Mitchell pointed out, yet it is only 15 minutes from down-, town Oakland by way of the Fish Ranch Road, and when the Broadway Low-Level Tunnel is completed -this time: will be reduced about.

50 per cent. "'Orinda stands outjas a ment of its type," Mitchell contin- ued, "in' that it combines both beauty, seclusion, large building lots at moderate post, and accessibility to metropolitan shopping centers. addition to these advantages; -Orinda has splendid climate. There is sunshine almost every day in the year, fog is almost unknown. The taxes in Contra Costa County-are exceptionally low.

"Evidence of the fact that many families have taken advantage ol the jos to be found by living in Orinda, is the fact that there now is approximately $300,000 worth of new homes under construction "In addition to one home cting $41,000 and another $25,000, many-medium priced residences are being constructed for Eastbay and. San Francisco families." To reach Orinda, drive out Fish Ranch Road to' Orinda" Junction, From there signs pointothe way. Highlights Of Real Estate, Development By E. VAN MBBLNK Development hdxtot ization credit plan, which Congress I Ha ill Artistic Spanish-type entrance of a new home in Estudillo Fstates, in sunny San Leandro. The-home is open to view.

Stanley M. Davis is the builder. have been housed With, other famt lies during the. depression was a factor in Miy 1 residential 'changes iin some cities, but "has -passed us-jseak in other cities, according to reports on the Country's most general mowrfff day The reports were sade to the National Association flf Real Estate Boards by. member eal estate boards in 'representative large -cities over the country.

Families changing their quarters St this time are not moving to get cheaper quarters, IS) out of 20 cities report. On: the -contrary, in 18 of the 20 cities rcpoi'tiilg sonie proportion current moving lias been tcj seek more comfortable quarters'. nun. me ciues i eponmn thei'e was estimated to be less change in tenancy than was the case last year. Rents, reflecting the greatest demand for space, are moderately higher than last year for 1 leases in practically every city The increases run from', $2.50 to $5 a month or from 5 to 10 per cent, sometimes more.

The higher apparently for -the most part in cities which, by reason of sectional or local conditions such as banking or. industrial or financial had been retarded in their recovery movement and are now coming into greater activity. It is notable that -the country's "undoubling" appears to.be going, on withouUi'bi'iipt rent rise. Mean-whileriflW building, including new. has begun.

0OO Investing in excess of $6,000,000 rh oroDcrtv 'improvements and re- families that, BUILDING BOOM AIDS LUMBER inda has outstanding climatic by the new low-level tgnnel. ONLY FIVE SITKSLEPr in the TAYLOR GARDENS So great has been the activity in the purchase of home sites in Taylor Gardensthe heart of the desirable Claremont section that -anlyiivelsites are still availahle.On.Jhxee of the sites recently sold houses are soon to be built. It is certain, therefore, that the opporlunity to make your home in this favored neighborhood will soon be a thing of the -past." Prices lYom $3300 to $6500 'Mr, Ver Mehr will be at The" Taylor Gardens, 275 The "Uplands all day Sunday. Or telephone for an appointment. 2101 Shattuck Berkeley BErkeley 0200 F.xrlusivr Agents 4 a CONNOISSEUR An antique store lias been opened at 1822 San Pablo-Avenue by Mrs.

Pauline Salisbury, herself a collector of art and -1 be new store adjoins the furniture' store, which lias been conducted in this location for tbe past 'eight years by Irs. Salisbury, who is notpd as 'California! -yeoman auc tioneer. Announcement is rnnde of the opening of nn antique Vtore at 1822 an 1'ablo Avenue by MHy Pauline" widely known "California's woman autioiicer." Nucleus of 1 he stock carried ih; the antique; store is Collection of "objets d'art," gathered by Mrs. Salisbury over a period of year? both here and abroad and comprising bric-a-brac, rugs, paintings, antique silverware, cut. glass, art frames; Dresden, Delft and- De IJavlIand china; historical pieces, etc.

Included are several pieces "purchased by Mrs. Salisbury on the occasion of her bi-annual European continental trips. The- -antique store adjoins th- furnilure store which has been conducted for the past eight years by Mrs. Salisbury on San Pablo Avenue- and which contains, in addition fp modern furnishings, antique furniture, Oriental rugs, etc. Mrs.

Salisbury is the wife of H. I 11 ii 1 1 nnrmrn nrnr rr nrnr mm mr I I I. I II Ull 'well known and developer of San Francisco peninsula properties, has formed a new organization for the I is re purpose of and ling as tbay I res idential properties. i es I have been opened at 3 2 7' 47th Street, near Webster. In a 1 a and the exT i elusive sales I rights for the OakJ Knoll area, i a i ning the country have been a c- I).

I). BOHANNON qiuicu. A. Thlel, secretary of the Oak Knoll Land Corporation, is the man- ager 6f the new Bohannon "com- i pany, which will operate of the Oak Knoll Deelpp-. merit Company.

"We art entering the Oaklahd and Eastbay territory at "this' tirnej stales we lieve "ihat the Bay bridge removes the one great barrier to quick development on the Oakland sidS. BRIDGE. MEANS GROWTH "Rapid transportation always pro-, motes a growth of population and business, a jtacth'at was well il--lustrated in he "growth of the pen-' insula sectiojiri the. prut few years. This growth 'was 'duo.

to fine highways, and adequate se'rviceNon the part of transportation companies to the- metropolis, "ftrtw the other sections border ing the Bay have entered the race to provide quick communication with San 'Francisco, and this competition will be beneficial to all. Constant improvements, shortening travel time, will be made by all of them ajid all will, prosper. LARGER SITES AVAILABLE "As for our plans in Oak we are making larger sites avail able, more in keeping with the rural characteristics with which the pro-acrty is naturally endowed. While Uk Knoll is but a few minutes from downtown 'Oakland, it presents all the advantages of healthful climate and sunshine, a environment for Children and a peaceful quiet that enhances 'the home atmosphere. Plans are now being prepared for the first display home to be built under our program and actual construction will- be started as soon as possible," Oak Knoll is reached quickly by way of Foothill Boulevard, up 82nd Avenue find out Coll Links Road to the tract.

1101 SIVJ HHOMIll Vpiil 30. 19.ifi weported to date by private finan ciai institutions under provisions of the National Housing Act is as fallows: Number of insured modernization- -loans 1.017.6.18 $365,609,493 ber of home. mortgages accepted for insurance 64.690 $260,772,071 There IS a difference in HOME LOAN PLANS and at Berkeley Guarantee help you to find the.O plan that is BEST foixYOU BEFORE yooamngeto financethebuifdingof purchase ofynew house or the ie-financing of your pres-, (jnfhome, it will pay you to come to Berkeley Guarantee for their free, helpful counsel. For there is jure to be one plan that fitsyour individual needs better than any other. This thoroughly sound 'n is available without -icing and on easy monthly payments.

We invite you to call "or phone for details. NO WAITING. DELAYS Berkeley guarantee BUILDING LOAN ASSOCIATI ION J10lSHATTUCKAVEr Ttltphont BERKELEY 0200 Mf mbf Ftderal Home loan Bank System David D. subdivide? a 'to to Thabilitation since enactment of the Uncle Sam is not in the building business, but through the agency of the Federal Housing Administra tion he becomes fuguratively the general contractor and financial under wri tor, who; pi'ov ies. for all privates in the army of rent -payers to acquire hoiTres Tif their own, Such is the opjnion of George C.

Burnett, prominent lumberman and newly named president of the California Lumbermen's' Council, which maintains executive offices in San Francisco. He declared that Northern Califoniians now are building not-only more, but' better, houses than in building boom inmajiy yeiirsr imn i im impkom ''This is liuvin.n a most beneficial i and encouraging effect upon Ihc lumber industry," Burnett said. "The lumbermen appreciate, too, the pro- lection given home -buyers 'and builders through government Jn-' spection, as required under the: single mortgage system of financing. I "When government inspectors es- tublish the soundness of investment in a lot, the buyer need have no worry as to location, i short- flight of steps runs down to I the basement; with its laundry and (-furnace' room. The bed- rooms and bathroom are reached i br an open stairway in the dining roomr- "Perhaps the room that received the greatest praise, from women visitors was me Kucnen-.

i.iiis is an unusually large room, having a recessed bay window, around which is built the colored tile sink. Modern 'built-ins" are found here, all placed with awiewi to convenience. "The 4epi leadinfc- ffarrr tilt dining room to, the levated portion, of the home have made a feature, -by- means of rartistie wrought-iron sltfac-tle bedionms are loiafed nrr either side of the tiled Each bedroom has a view of the surrounding country. "A modern gas burning furnace Is in the basement, and from this room one reaches the tandem garage, which is located under the elevated portion of the home. "The lot has been fenced and landscaped, with shrubs planted, so that, the house is all ready for oc-cunancy.

"Visitors are Invited to inspect two other recently completed homes and to view several others now built. "F.studillo Estates Is experiencing "real activity, and many are being made of both lots and 'homes." Rent Rise Seen as Boost to Ownership About 3,000,000 modest income urban families, which today paying anywhere from $4.50 to $7.50 a month for rent more than they were two years ago, constitute the most fertile ground for implanting the home ownership idea at the present time. Drawing this conclusion from the decline and subsequent upward trend of rents on average dwellings during the past six years since the found' out about city rents, the home building and home I owning committee of the -United States Building and Loan League 1 Kays that the psychological moment has come (or further increasing the percentage of city dwellers who own rather than rent. There are 11,000 building and loan associations, it is pointed out, which make home ownership possible on (he monthly installment plan, and their specialty in mortgage lending is in homes of a.price-range which could be' afforded by these 3,000,000 families. The census of 1930 showed families living in homes for which they paid rentals of between $30 and $50 a month.

During the. next three years therp was a steady in the cost of their shelter so tha by the tow po'iht in, January, 1934, rentals on the samei dwellings would average about $20 to $34. Assuming that in the main these families have stayed. In the same houses or in houses of similar quality, they are now paying somewhere from $25 to $42 a month on the basis of average rent rises during the past two years, indicates Donaldson of Lansing, of the league's home-bwning committee. S.

Salisbury, owner of the Pacific Gas Appliance Company of 1450 Harrison Street, well-known. East-bay buslnf sman and prominent in civic affairs. THE PRICE IS $5,450 On Long, Easy Terms at 6 Interest recently extended' until next April. provides' goggfrnieitf. for loans by priyatelending institutions in amounts up to $2000 for improvement of home and faroopierties and to $50,000 rehabilitating and modfijtelng- propertjw devoted to and industrial pur-poses.

The- ldans are payable in equal! monthly instalments extending periods as long lis five years, time being determined by amount, of the, loan and income of the borrower. 0 0 0 "It is a pleasure to add to Administrator McDonald's, expression of appreciation the thanks of this office to lending institutions for their very fine Anglim said, "and to convey congratulations to the progressive and thrifty citizens of I lie Eastbay. "A large share of credit, goes to the effective work of the public-spirited Better Housing Committees whose- efforts have won National acclaim. To each -and every one I ejttend personal thanks and appreciation." Anglim said this phase of the act should not be confused with the insured single mortgage system of home financing, under, the Federal Housing Administration insures loans amounting to as much as 80 per cent of the value of residential property, at 'five per. cent simple interest, payable in monthly rent-like instalments over periods' as long as 20 years.

The Northern California District office already has accepted for appraisal ,4800 such mortgaSe applications approximating $21,000,000, Anglim Home Loans in AT wanon are Since October Disbursingmortgage money to 39,000 fammes for a total amount of soinoSl.OOO.OOO during March, the savings, building and loan associations of the country stepped to their highest activity since Oc- btore and sent their past six, months' total of lending activity to more than the total for the entire 12 months of 1934, These statistics, come from the United Stales-Building and Loan National organization of the $6,500,000,000 business flaese institutions constitute in the aggregate. The National estimate -on Lthe basis of reports from fully a third of all-building, and loan resources, according to Morton Bodfish, executive "vice-president. March lending activities were 19 per cent- higher than those of February as to dollar volume, with somp 9000 more families receiving the funds than in-1he previous month, important factors in the increase included loans for construction of pew one -and -two -family per cent, accounting, for the' financing of some 5000 new houses with, a volume irl mortgage money, OPEN TODAY! The fully furnished "Ideal Living-Room Home" is but one of the attractive homes open for your in- I spection. See them! i CWRAL'S LOAM PLAN SAVES US ON TtC COST fit ODD Save on your home costs with a low cost, long-term Central loan. No brokerage fees.

No refinancing. See us tomorrow. CENTRAL Building Loan Association Park Street at Central Avenue, Alameda Memlier Federal Home Loan Bank System fKITCHEN-BATHROOM pi MODERNIZATION HcADQUARTtRo Plumbing-Heating mm Wi" 10 MTh mm National Act, the Eastbay is said to have contributed substantially toward boosting the Northern California District of the Federal Housing Administration high above its quota for loans insured under the credit plan. Residents ofc.A.lamcda County in- in March 31, it was reported, with an additional $939,000 similarly spent mJContra Costa County. National recognition of this record came from Washington last week in congratulatory message jrom Stewart McDonald, FflA Adminis trator, "to Clifford Anglim, distri.

director. Declaring that "the records here In Washington show in your district have-been enabled jhrou.gh the National Housing Act make thpir'ho'm'eS more livable Administrator "I waf to lake this opportunity thadk the lending institutions of Nor-tnern-California for the splendid operation given the Federal Hous ing Administration in lending to these individuals under the provisions-of Title I of the National Housing Act, thereby stimulating all phases of the building industry and creating employment for thousands of craftsmen, records through April show your office has exceeded it pofrn tial. of the $1,000,000,000 goal which we set for theJJnited States." 0 0 Anglim declared that the modern- wu vii Circling one of the most beautiful country clubs in all SEE THIS NEW SPANISH HOME IN TO THE ABOUT-TO-BE-MARRIED SET AND YOUNGER MARRIED PEOPLE! California and only twenty minutes drive from the business center of Oakland lies OAK KNOLL, a restricted residential district. OAK KNOLL offers all the-advantages of country life combined with all the advantages and conveniences of the city. OAK KNOLL is unrivaled in the entire Eastbay.

It is a district of charm and high standards. It offers superior climatic conditions which alone is an inducement to prospective home buyers or builders. Here are large homesitei, and small. There are sites to suit all tastes and temperaments. Some lots are secluded and dip Jntothe-canyons.

Others are high on a hilltop with a long sweeping view of the city and the bay. There are also lots with views of rolling hills and many overlooking the cool green lawns of the golf course. The OAK "KNOLL DEVELOPMENT CO. prides" itself on placing before the public the very best in residential property OAK KNOLL is a gem of residential development. C0ME-WE INVITE YOU TO LIVE IN OAK KNOLL.

ASK OR WRITE FOR THE "OAK KNOLt BOOK OF HOMES' FREE. To reach OAK KNOLL go out Foothill Boulevard, turn up 82nd Avenue and out Coif Links Road to the tract. E5TATE5, AT 737 CARY DRIVE Think of tomorrow's home-and you'll think today of PIEDMONT PINES A carefully planned home, with larg'' Jlvlnjr rrjorn, modern dinlnft ronm, fine liRhf "kitchen with recessef bay wlndnw lined by colorful tiled sink, cozy breakfast Voorft and'two pa- flous clevatPrt' betlroomn adjolninir -tiled. Jialhrooin. jrarage.

-'basement has lajindry and room with modern ga burning furnace installed. a Comfortable, beautiful and strictly modern home You. want "a home of your, own; everyone does. A-d, if you're' wise, you'll do things about i.t -TODAY-! For property prices are increasing and low-priced is Decorning scarce. Today's loW-priced property Piedmont Pines will be tomorrow's, high-priced land.

Right NOW, come to Piedmont- Pines! on your own home where have Vung, interesting neighbors your family can grow wilh the value of your investment! See Piedmont Pines -TODAY! Oaki Knoll Development Co. A. TH I EL Mgr. Downtown Office 327 J7th St. HI gate 7622 Tract Office now open 9209 Mountain Boulevard.

TR inidad 9844. There are two other attractive homes ready for occupancy and other's in course of construction Visit Estudillo Estates Drivs out East 14th St. 'to Estudillo Avs turn Isft to tract, or out Foothill Blvd. dirtct to property. Drive Out Park Boulevard or Moraga Road to Tounfairr, Boulevard.

Main. office: GLencourt 4874. Tract office: AN dover 3844 GENERAL ELECTRIC A REFRICERATORS 7 ouyo etore eis 1 .7,1 I we mag.