The morning call., 1890-07-05
REAL ESTATE.
The Dealers Experience Another
Dull Week.
Several Large Tracts Sold at Private Sale.
Building Very Good-Good Prospects
During the Fall Months.

1t has been an exceptionally dull week in
real estate circles. Not only have sales
been light, but the prospects for the next
two months are not of very encouraging
nature.
The market at PRESENTS in an anomalous
condition; while building is going on at
rate which has never been equaled in this
city, prices of real estate have not gone
ahead in the least degree.
This fact might be explained through
the fact that the many substantial build
ings which will be erected within the
next few months will be built upon land
which has long rested in the hands OF
those who propose to do the building.
Altogether it may be said it is an off
week for real-estate purchases. Notwith-
standing this various dealers in the State
have asked who the parties are that are be-
hind certain reported schemes, but names
are very hard to get at.
THE BEST MONTH.
There is no doubt but that June has been
the best month of the year thus far, with
sales numbering 615, and amounting IN
value to S3S11, 400. The largest business
was done in the Western Addition, 159
sales having been closed for s., 092. SIS.
have been recorded. The largest was one
Of 100000, a very large loan considering
the security named, which is a lot Il :3Xl09
on the northeast corner OF Myrtle and Van
Ness avenues, and lot 40 :6X120 on the
south side of Geary street, east of Van Ness
avenue. The loan is for six years, at s per
cent, and is to the builder Of new family
hotel on the hrSt-Damed property. The sum
Of $4,000 was loaned by the Mutual Saw
inss Bank for one year, at per cent, on
the 50-vara lot on the northeast corner of
Turk and Larkln streets. The Humboldt
Savings and Loan Society loaned $4,000 on
property near Noe, SANCHEZ and Clipper
streets.
WILSON & CARR.
Messrs. Wilson q Carr ON Post street
report business as fair. They are now con-
sunlmatiug several large sales of property.
which has been sold but about which the
owner gives orders that it be sold in a tract
if possible. In the near future this land
may be suhdlyided into minor tracts, as the
demand for residence and business is good.
business lots especially are in great de-
maud.
Mr. Sol Getz of the arnall-FItzhugh-
Hopkins Company has completed the pur-
chase Of q large tract of land from Senator
stanford. The tract embraces something
over twenty acres and adjOins LakeyieW,
the new subdivision Of the San Miguel
Ganch, in this city, Just placed upon the
company. 1t is one of the haudsomest
tracts OF land in San Francisco, occupying
a slope fronting the Ocean boulevard lead
ing from Mission road past Iugleside down
to Lake MERGED. There is probably no
liner tract Of land in the city for home sites
for those who desire to buy land within the
city limits al reasonable figures. The loca-
ton is one that is destined TO attract more
attention within the next few months than
almost any part Of the city, because il is
nearer to the Mission road and the i'm
prUYementS to 60 on IN that vicinity, and is
The best part of that territory to be traY-
ersed by the contemplated extension of
Market street. The property was bought
in by Mr. Getz for joint account of himself
and the -FitZhugh- Hopkins Com
pany, and that firm Will at once subdivide
It and place 1t upon the market.
a SPECIAL EXCLUSION.
The firm of McAfee, Baldwin & Ham,
mOnd will send a special excursion train to
Monterey to-day, for the purpose OF view
ing the Oak Grove and the open sea. The
Oak Grove track adjoins the Del Monte
land and the purchase has been made, it is
understood.
An excursion will be made tomorrow to
San Rafael by G. Ii. Umbsen & Co. and sew
eral line lots in that quarter will be offered
for sale.
Bovee, Toy & Co. will hold an auction
sale Of good property to-day.
u.
summated the sale Of a small block of
twenty-five lots on the north side of Point
LObOs avenue, west Of Central avenue.
The sale is of peculiar interest, as the land
was pre-empted in 1850 by the seller, Ben
jumin Wood, and had been in his posses
sion ever since. The title was perfectly
clear through the whole forty years. The
property vas used by Mr. Wood for some
time to raise hogs. There is probably not
another piece of land in this city which has
been held so long and to whch the title is
SO simple. The price paid was S21,000
p. E Moore sold through the California
Land Association Il, $40 acres of the ElmOre
Colony tract last week to an English syndl-
cate, at the head Of which is f. W. Spencer.
1t is proposed TO sell the tract in 40-acre
lots to English settlers. a water ditch and
other important improvements are to be
commenced at once. The price paid was
$4,000.
Shainwald, Buckbee & Co. report the
following sales: On OFarrell, near Mason.
It lot 50X120, at present covered with old
buildings. was disposed of for $4,000 The
property viii be improved Immediately.
CLEANING AWAY.
The old shanties and lot 2jX16j on the
south side of Market street, near Haght,
sold for Sl400 front foot, or $4,000 as a
whole. a vacant fifty-yara on the north
side of Webster, near Fillmore, close TO the
cemetery, sold for $500. The property is
uuimprOyed on the north side of jackson,
between Laurel and Walnut A lot 13T OK
II IS sold for S11,0O This is one of the
many ffty-yaras in the Presidio Heights
district which has recently changed hands.
The LOT 56XS7 IS on the southeast corner of
Jackson and Trenton streets has been sold
for $1,000 The Improvements are of brick
and were among the earliest structures OF
mat kind in the city The property faces
the old IOland residence, long since given
over TO the Chinese. The sale was negoti-
ated by the Carnall-Fitzhugh-HO Hopkins Com
pauy.
The old buildings on the Post and Market
street gore are being rapidly demolished
and the work of construction of the ten
story Croker Building will be commenced
in few days.
2. UConnor has decided to erect two
dwellings on the southeast corner of Nine
teenth and Howard. T. J. WEIGH is COM
pletiug the plans.
An important Improvement Will be COM
mpnced shortly on Suffer street, between
TaylGr and Jones, in the form Of fine
apartment t-hOuse on the Eastern plan. The
first story viii be of stone, the upper two
of Roman brick with terra Gotta trimmings
and the roof is to be of slate with a crest
, ing of terra Gotta. The designs are by j.
Gather NewsOm. The cost will be about
$4,000, and contracts will be let next week.
Dlr. Curtis is about to build $500 resi-
deDce on the west side OF Webster street,
near Green. R. H White is the architect
and contracts will be let shortly.
Easton, Eldridge & Co. have opened their
new real estate exchange Oh Market street,
near kearney.
NEW CONTRACTS.
During the past week the following are
the new contracts laid:
Market, Montgomery and Post streets, gore,
brick aud stone block; owners, The Crocker
estate; arcLit, ct, A. Page Brown ;seontracts for
constitutional iron 10 RX & Firth, SlG3, 800;
for marble work 10 X. Z. Fisher g. Co., SS9,0 !
total S262 93l; amount let thus far, SAG 31.
Beale and Market streets, southeast corner;
ADDITIONS; owners, olbIook, Merrill & Stetson
contractors Cahill & Hall; cost, S6l40.
jersey street, north side, near Castro; nine
cottages, owner, George McCraith; architect, j.
Murray; 10 be built by days labor al a cost OF
dUOut Sl7, 900.
AiIemania street, near Seventeenth: one three
story frame and one two-story frame; owner,
Mrs. shadt; architect. X. II. Daley; contractor,
Frank Shad cost, $4,000.
Union, near Buchanan; two-story framesi
owner and builder, ii. Caseboli; cost, $4,000.
Fulton, south line west OF Lyon; Oue-story
frame; owner, Robert D1an; architect, NJ. j.
" esh; contractor, j. j. VBrien; cost, $1,000.
Hayes, south side, west OF Deyisadero; three
story frame; owner, Miss A. Wynne; architects,
Huerne & Everett; contractor, +. j. Fernnof;
eost, $1,000.
Golden Gate. south line. west of Willard