The morning call., 1890-12-04
REAL ESTATE.
Transactions Which Aggregate
Close on Half Million.
The Masonic Association Makes Deposit on
the Castle Property = Representative
Bales by Thomas Mages-Notes.

deposit on Monday of $4,000 to secure the
pure base of the lot on the northeast corner
OIL Van Ness avenue and Suffer street, owned
ny Fred Castle, having frontage on the
former OF 100 feet by 206:3 on Suffer street
and 2O6:3 on Fern avenue. The price agreed
upon Is $4,000. the balance OF which,
Sic, 600, If the title, etc., is found in order,
to be paid on January 4th next.
A bulldog at least six stories high will be
erected on the property, which will be used
10r Masonic purposes, with the exception
OF portion Of the building, which in all
Likelihood will be used as public hall
Some OF the floors will be set apart for the
Blue lodges, chapters, councils and Scottish
Kite and for the Communicates of knights
Iemplar, although Golden Gate Commandery
VIII occupy its own temple, to be con-
structed On the property recently purchased
on Turk street, between Taylor and Jones.
MAGEE's PURCHASE.
1t transpires that Thomas Magee was the
real buyer of the lot 70x100, ON the northeast
corner of Sixteenth and Valencia streets, at
the 10 per cent advance
This corner was knocked down at the auc-
ton sale of the Varney estate property for
S96,S00 Mr.. Magee did not attend the con-
hrmatlon sale, which took place before the
Superior Court of Alameda County, but
very wisely employed his attorney, who ad-
vanced the above price 10 per cent and
secured the property at S40,4S0. The attor-
ney had written instructions from Mr..
Magee to bid up to SAB, 800. and he was
naturally very much pleased when he ascer-
tanned that he was the owner of it at
1920 less,
MI. Magee intimated to THE CALLS real
estate representative that lie thought the
corner is well worth $4,000, and in confir-
nation OF his faith in that statement he
has instructed his architect to prepare plans
ior nne Ihree-story building, which is to
nave three large stores on Valencia, one on
Sixteenth. aud five flats above. He is OF the
opinion that such building can be rented
al once at rental which will yield 6h TO
: per cent per annum net on the investment.
MT. Magee has always been a believer in
Valencia street as being the real continual
tion of Market street, on account of it being
on the level grade out to the Mission road,
ana thence Indefinitely by that main country
thoroushfare.
REPRESENTATIVE SALES.
Having received the above authentic infor-
nation concerning the Sixteenth and Va
lencia streets property, THE CALLS repre-
sentative ventured step further and asked
MI Magee If he would not consent to make
public the sales consummated by him in
November. Well" said Mr.. Magee, there
Is my salesbook, and you can take them
down for yourself" The following are
some Of the more important sales effected
since the first OF November: Lot on the
south side Of Herman street, 32:IlxS5, 81 Is
feet west OF the southwest corner of Her
man and Stevenson, $500; lot 4S:9x137 IS
fornia street, $50 east of the east
line Of Stockton, $4,000; the south
west corner of Fillmore and Green
witch streets: 96x10o, $500; lot at the inter-
section of Pacific and Polk streets, 1877 e
feet en- the former and l27 :SA on the latter,
for $4,000; lot on tho east side of Castro
street, 26:6 feet from the south line OF Twenty
third street, 25x105, $500; the middle
50-yara lot on the north side of Union
street, between Scott and Devisadero,
SLIGO; the southwest corner of Golden
Gate avenue and Steiner street, being the
5O-yara lot of Block 3S1 of the West
ern Addition, S25, 100; lot on south side of
Fine street, 1SS g feet west of the west line
OF Laguna street, 81 :6x137 IS, $500; lot on
the west side of Franklin street, 80 feet
northerly from the northerly line Of Wash
ington street, 6S:9X157: &c, $1,000: house and
lot Oh the west side of Valencia street
1866 north Of Twentieth. 25x1O0, $3.50; lot
on the north side Of Clay street, 1893 2 feet
east OF Walnut, 30x127 :Sl $500.
OTHER SALES.
The Carnall- Fitzhugh- Hopkins COMPANY
has disposed Of lot 25x120 on the west side
OF Seventh avenue, 125 feet south of j street.
and lot 25x120 on tile west side of Seventh
avenue, % feet north of X street, for 5000.
p. A. Dolan & Co. have sold four lots in
Block 997 for 5000.
McGaryie 4 Co. sold yesterday two lots
on forty-siXth avenue, between l and ]
streets, for $50, and two lots in Block 1852
for $3.50.
prominent real-estate broker reported
yesterday that Preside Heights property
is in good demand and that prices for lots
there are stitfening. As soon as the pro-
Jected street work shall have been COM
pleted number of fine residences will be
erected on the Heights.
l.. n. Frlt2, husband of Mrs NJ A. Fritz
owner of Ashbury Heights, late of the we'll.
known firm Of Fritz 81 Kean. plumbers, 425
Geary street, will in future devote his AZ
tentlon to realty matters, with headquarters
In the office Of OFarrell & Lang, who are
the agents for his wife's interests at Ash
bury Heights.
The Housebolders' Building and Loan
Association of San Francisco has issued its
first annual report for the year ending
october 5lst last The statement, which
shows gross earnings to the amount of
S5iS2 Of. less expenses of SS24 -, leaving a
net profit OF Si957 20, reflects credit upon the
Directors management The assets of the
association are: Loans S31.675, dues $3.50.
and tines due S26; total. S31 $50
IL Is announced that the first series of
shares for this year has Just been opened
and limited number are now open for SUBJ
scription, which must be applied for imme
diately
The Directors, ETC., are: Robert Husband,
PRESIDENT; w. +. Empey, ce-President;
W. l: Morgan president of w. |. Morgan &
Co., 5l2 California street,, real estate: j. o.
Low, President of American Oil Company:
Jonn a. w helan, shipwrght; Charles w.
Mott, commission merchant; Ed w VAIN
wright coai-dealer; II. c. Biggs of w. II.
Blreh Co., California Machine Works;
". NJ. Fletcher. contractor; Joseph Hutch
The Sather Banking Company, Treasurer:
Security Committer-W. l. Morgan, II. c.
Blggs, W. NJ. Fletcher: Finance Committee
j. y. Low, c. w. Mott, John A Whelap,