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Oakland Tribune from Oakland, California • 89

Publication:
Oakland Tribunei
Location:
Oakland, California
Issue Date:
Page:
89
Extracted Article Text (OCR)

THE SUN DAY 1 CLASSIFIED SECTION SUNDAY, MAY 9, 1965 1-C Hayjward Market, Prices for Older Houses Up ,2 Ipilllllll I 4 I I 1 i X- )I I iilllil- litfc jllllll Hi; -rrri $12 Million Center for Montclair custom built houses in Sequoyah Heights development in Oakland hills Bj WILLIAM DOYLE Tribune Real Estate Writer So you want to sell your house Chances are good that you can do it relatively quickly and obtain a price that reflects the steady increase in real estate values taking place in the Eastbay, Sales ofexisting houses are enjoying a boom nationwide which began a little less than a year ago. In the Eastbay sales "have been consistently "strong-since 1960 with the exception of a slight" drop in 1963, Of four major Eastbay sales areas surveyed only southern Alameda County shows a great increase in business between the first three months of this year and the same period of 1964 The multiple listing service of the Southern Alameda Board of Realtors, reports Sf es of 1,164 houses through March of this year compared with 694 for the same three months of 1964. The value of the sales was up from $13,281400 to $21,821,988. The West Contra Costa Board of Realtors says the number of sales is down very slightly, but -that the average price per home is up approximately $2,500. The Oakland Real Estate Board's multiple listing service records 337 sales in the first three jnonths of the year, an increase of about 10 per -centwerthe 1964 figurerwhile te central Contra Costa the Contra Costa Board of Realtors sees no discernible trend from the generally, high level that has prevailed for the past four years.

Steve Kinsella, multiple listing chairman for the southern Alameda board, says the primary reason for tjie great increase in his area is a heavy demand in San Leandro, San Lorenzo and Hayward. He points out that there are no longer large open spaces for tracts and that most of the remaining open areas are hillsides which are more expensive to develop, Kinsella says the used homes sales picture Is much more competitive in the Fremont area, where there is stiU a great deal ct open land Continued Page t-C, Col. 1 Eichler Project Half-Way Point will begin Tuesday on the main building at Montclair East, a neighborhood shopping center at 2220 Mountain in Oakland. A service station already occupies a portion of the two acre site where the $1.2 million center will be developed. James Fernhoff, the owner, said a foot building will be 'constructed with 20,000 feet on the ground floor devoted to a restaurant and 12 shops and 7,600 feet on the second floor to eight offices.

The second floor will occupy the middle one-third of the 300 foot long structure. There will be a ramp to the adjoining area to allow parking of 30 cars on a portion of the first floor roof. There will be a parking lot toaccwnodatelllcarsT Completion of the center, designed by Robert B. Liles, San Francisco architect, is scheduled for late September. On Panel in London Two Bay Area men will serve as members of a panel at the English-speaking appraisal conference in London, England, June 9.

Maurice G. Read ot Berkeley president of the National Association of Real Estate Boards will be chairman el Robbing ot Ean Frantiaco Wti serve as a panel member CLASSIFIED DISPLAY Kwapil Takes Post For Berkeley Firm James R. Kwapil is the newly appointed sales manager of the negotiated con-acts division forCentral Coast -Construction of Berke ley. The appointment of Kwapil, who has been with Johnson and Mape Construction Co. of San Jose since 1960, was announced by John dine, vice: president.

This is one of 175 A nine-year building program in flie custom-designed Sequoyah Highlands development in the Oakland hills is at the half way point. One hundred seventy houses already occupy 'the area below Skyline Boulevard which is bounded by Sequoyah -Country Club and Knowland State Park. William L. Maynard is the developer of the area where three and four bedroom: houses cell for from $43,500 to Lot sizes range from one quarter acre to about one third acre for some of the 22 houses now under construction. Sequoyah Highlands is approximately three minutes from the MacArthur Freeway and access to both Oakland and San Francisco according Sequoyah At To Build in San Ramon Purchase of 200 lots In San Ramon for residential construction was announced today by Eichler Homes Inc.

Construction Is scheduled to begin in June with the first model completed by August 1 according to an Eichler spokesman. The property Is situated off of Foothill a between Crow Canyon RoaA lin Boulevard. Houses will be of three, four and five bedroom designs and will seU from $24,000 tto 500. The houses will be designed by Claude Oakland, San Francisco architect and the Los Angeles architeptural firm of Jones and Emmons. to a 1 Manager Everett Tennyson.

The development may be reached by taking Golf LinHs Road to Elysian Field Drive which leads into the area. Index to Real Estate REAL ESTATI Loans on Rtalty 1 Lott 3 Income-Investment Property 20-29 Motels, Mobilehome Parks .21 Commercial Property Business Property Sites 22 Industrial Properties Sites .,,.23 Areag for Subdivision .27 Alameda County Oakland Homes Contra Costa County Other, Real Estate IKAMCIAL Business Opportunities ...110 Mines, Oil, Timber .120 Money to Loan 51 Loans on Autos 170 Far Otber Classifiutisns Set Units for Elderly Rental Housing For Retired Is New Approach A rental approach to providing housing and medical care for retired persons is embodied in the program at Leisure Terrace in Hayward. The $600,000, 63-unit apartment at 1638 opened for occupancy this week. Operated by Hawaii and Jan Francisco Investment the three buildings, in a creekside location five blocks from downtown Hayward, provide one and two bedroom apartments with one and two baths. Each of the buildings contains an elevator and has its own lounge and parlors for private entertainment In addition there will be picnic areas, barbecue pits, courts and sauna baths on the three-acre site.

Occupants of Leisure Terrace will take a physical ex-; amination at the time they rent, and will receive annual examinations thereafter; care wilL be provided by the San Leandro Medical Group, an association of about 15 doctors. Robert lee, executive vice president of the Investment company, says advantages of rental are that it is not necessary to go into "fi- nancial reserves for a down payment find the occupant is not responsible for building maintenance, utilities, repairs or other long-term obligations. CLASSIFIED DISPLAY 8 of the I Financial Rentals RENTALS Hotel, Motel, Apartments .321 Multiple Dwellings, Duplexes, Flats, etc. ...323 Houses P.entals to Share 327 Rooms auDurnan Out of Town Vacation Plaosi, Bnnrdina .341 4i Child. 1 Rest Homes, etCr 5.

Rental Bureaus 351 Business Locations Halls, Garages Industrial for Lease ....376 Index First Pan, Sectloi II CLASSIFIED DISPLAY CLASSIFIED DISPUY Too Late to Classify on Page 54 I rail icCT CLASSIFIED DISPLAY CLASSIFIED DISPLAY CLASSIFIED DISPLAY CLASSIFIED DISPLAY -Ir1: i W' jJf finest homes in this entire are being offered in a close-out sale at $26,495 to $34,995 One of the most impressive homes fn the East fay area! A massive used brick bar-b-que highlights the delightful family room. Three different dining areas family roan breakfast nook and formal dining room serve any family reel Plus 15 13' master bedroom suits. See why the IE COLTER! has been our sales and beauty leader with features never before offered in this price range. Also available as a 4 bedroom plan. minimum FHA no down Gt priced from $16,700 to $2250 Rmttsifn, 'fftCQlATU HOOiU SAN RAMON Conntrv i A MUT TO HAU vmm cokmunitt i ttVTRMAJH 1 4 -Jj UYKuCri kasub These are elegant homes of one and two stories.

Three and four bedrooms. We cannot duplicate them at this price today. They cannot be offered at this price again. The next ones we build will be more expensive. You have a rare opportunity to benefit from this unusual circumstance.

Each is in a premium neighborhood, each is a home we consider worth thousands more than these prices. Attractive financing is available with only ten -f JL CLx Jjl cityloselcountry-quiet Tae Nfmttz Freeway to Hlway 5a turn tart toward Tracy to Hiway 21. Watch for signs. You can bt Hert In half an twv ny questions call VAlley and contTrmt hour. (If you VM community development Another successful Volk-Mclaln SCSCAmUCL ftoni 447-0 percent down.

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About Oakland Tribune Archive

Pages Available:
2,392,182
Years Available:
1874-2016