The morning call., 1890-12-28
REAL ESTATE
TRANSACTIONS.
City Property Sold Last Week
in the Auction Room.
What Some Of the Brokers Have Been Doing
in 1s90-The Outlook for Next Year.
Latest Sales Oakland Notes.

ISdStUuy iiukC " w. uou an duSttOif ooio VA
miscellaneous city property last week, OF which
the following Is their report: Two frame build
ings on the north side OF Post street, 120 feet
east OF ones, lot 40x60 for SIS, 200, subject 10
confirmation; 4 two-story six-room residence,
lot 25x7O, on the north side Of Hayes street,
west OF Devisader0, for $1,000; a second two
story house on the south side Of Union, west OF
Octavia. lot 3lx75. for $3.50; a third two-stOry
house Of eight rooms, lot 27xl25. on the north
line OF Vallejo, west of Octavia. with rental Of
SAT 80 per month, brought $1,000; two French
flats and lot 25x137:6, on the north line OF Full.
ton, 125 feet west of Scott for $1,000. Unlm-
proved residence lots sold we're: Lot 25x121, on
the east line Of Baker. south OF Fulton, $3.50;
lot n :6x137 IS, on the south line OF Page, west
OF Devisadero. $500; lot 50x1OO. at the SOUTH
west corner of Green aud Laguna, $500; lot
75x10O and three-rOOm cottage on The southwest
line Of Twentieth avenue, southwest OF J, on
NJ onongahela. $3.50. and the lot 75x100. ada
cent thereto for $3.50.
Middleton g. SharOn's auction sale Of Probate
and other property, which was advertised for
the northeast corner OF Church and Twenty
sixth streets, lot 26:6x1O0 for $2450. The re-
manning portion Of tile catalogue, covering the
in The procedure, but the property will be sub
mitted at an auction to be held in . few days.
P. C. MoLLoY.
This conservative operator does a large real
estate business, and enjoys The entire confidence
OF property investors, who place great reliance
upon his Judgment. The past:year has been one
OF signal prosperity for Mr.. Molloy in all the
departments oil his business, and he reviews the
results Of bis many transactions with the llyeliest
satisfaction. AT his office. 1873 Montgomery
ranging In value from $1,000 TO $4,000, the
latter price being placed on handsome corner
on Geary street. yielding a steady income. he
also has desirable properties on Mission. Suffer
and LeavenWorth streets, and Oh one OF these
lots, three !2-room houses have been erected.
Mr.. Moiloy offers some rare bargains on McAllis-
ter. Harrison and Devisadero Streets and, in-
deed, III almost every Iorlion OF the city.
s. MosGROvE.
Mr.. Mosgrove readily responded to a request
for brief review OF the years operations, and
made the following statement: ''The real
estate market for the year now drawing to
close has been satisfactory as rule to owners
operators and agents. Prices have continued
firm, and In those sections Of the city In which
substantial improvements are In contemplation
or have all eady been inaugurated there has been
q steady ana material advance In prices, but
nothing approaching boom aud no uudue in1a.
tion. certain Class continually bemoans the
high prices, which, according TO these auIhori-
Ties, are unhealthy and provoke Injurious con-
sequences. These people are fortunately few in
humber and the great majority have the fullest
confidence In the ultimate growth ana prosper
lty of this great metropolis OF the Pacific Coast.
IL is well-kuOwn fact III no city
Importance, is the price Of real property as low
as III San francisco. A buyer must exercise
very poor Judgment II he caun0t realize Oh his
real estate lnvesime more than Az per cent
per annum, which 10 the highest rate paid by
savings banhs 10 their depositors 1 cannot
think II probable or even possible, that lot
costing $500, selected With reasonable care aud
discretion In ANY portion OF this city, Will not
advance IN value more than S225O every year.
NO resident .. TINS Guy VINO has lived here DUR
marked the steady incie In the value OF Prop
eIty would think Of permitting this sum OF $500
TO remain on deposit In a savings bank, wtetr the
realty market IS capable OF sucn advances, as
have been witnessed In san Francisco. The out
look Is undoubtedly good for more active mar
a n h. rI.afsf nf
past year. There has never been a period in the
history of our city when Investments could have
been made with greater certainly OF substantial
returns, aud IL IS unlikely there will be any lime
IN the future when property can be purchased as
adyautageousIy as at the beginning Of The year
1891.
BRENNAN & DUNN.
Although this firm was organized only last
June, its members are well-kDOwn individually
among the business men OF the city, MIR. Brennan
having spent seven years In tho office OF Z. e.
Molioy, while MIR. Dunn was for eleven years
cay agent for A, Schliing & Co., the well-known
lea and eoes They Sgan business
largng their oterattons. Their business has
Increased steadily since the date Of their APP
xight prospects for their future success.
Annan g. Dunn endeavoring TO make a
1eeialty Of properly north and south of the
park, although they handle real estate In various
portions OF the city. They OF the opinion
that the bulk Of The business during 1891 Will
be in the neighborhood Of those localities, and
OF the outlook for next year Mr.. Dunn renlar ed:
AS far as our ideas Of the future are concerned,
The prospect Is A No. l." The Offices OF the
firm are al 920 Market street.
LOUIS LANDLER.
Mr.. Landler's office Is at 22S1a Montgomery
street. In speaking Of his transactions during
the past year, he expressed himself as being per-
fectly satisfied with both tine character and vol
ume OF his business, which Is In a fiourishng
condition. During the last twelve months lie
has built hfty-two houses, located on HaigDt,
StaDyan, Hartford and Elizabeth streets. These
are all residences OF he better class, varying In
price from $4,000 TO $4,000. MIR. Lander has
sold all but three OF these dwellings, which we're
built by day labor under his SUPERVISION He
also erected handsome block on the corner Of
Twrnty-sixth and Sanchez streets, surrounding
IL with a wide stone pavement. Piior TO tue con
structi0n Of the block no houses had been built
In that locality; but Mr.. Lander induced the
gas company to lay pipes procured the cons truc-
lion OF sewer, and by his enterprise opened up
the locality. He thinks that matters In really
circles will be quiet until the middle of Jauuatv
owing largely 10 The payment OF taxes, but he is
confident that next year Will be prosperous with
an active demand and firm prices.
HIGHPRICED PROPERTY.
o. ID. Baldwin, JoOsi & Mertens offer in an.
other column some choice investment properly
varying In price from $4,000 TO $50, 900, earn.
Ing handsome rentals.
G. II. Umbsen & Co. report the sale of lot
80 :6x46:6. at 26 R0ndei place, for S23oO; house
and LOT, 25X105, S44 Fifteenth street, for $4,000.
a choice Albany Heights lot 30x106:3. on Ash
Fifteenth street. house Of three fats and lot 25x
100, for S5500 aud are negotiating seve raj large
sales, ranging from $4,000 to $l25, 900.
OAKLAND NOTES.
M. j. Laymance Co., 466 Eighth street, Oak
land, offer In another column 200 large lots in
what Is known as Lincoln Park, situated on The
PIEDMONT cable-iine. The property is desirable
for homes and commands one Of the best views
in Northern California. They also offer twenty
lots IN the very heart Of Oakland on the monthly
payment plan.
In speaking of the firms success during
the past year, j. w. Laymance SAID that ne
found business In healthy condition. and that
his nrm conducted a number OF very successful
auction sales and disposed of many fine dwell.
lngs ana choice residence property In all parts OF
Oakland.
Mr.. j. W. Laymance owns an addition embrac.
Ing some 200 lots in the town of Windsor So
nODa County. and % acres, subdivided into five
10 twenty acres, adjoining the Town site. he
latter plats are being sold on six years. time the
only expense to the purchaser ing the planting
and care OF the trees. No cash payment re-
CURED There las been considerable demand
for the lots and acreage. The owner left yester.
day morning Tor his ranch and will return to his
office Tomorrow morning.