The morning call., 1892-04-20
REAL ESTATE.

\
Notes on the Condition of the Market.
New South San Francisco.
The past week developed no new or in
teresting features in reaI-estate circles.
The tone of the market continues firm and
the feeling generally among real-estate
men remains about the same as has been
noted for several months. Some few agents
report an Improvement for the closing days
oil last week and stronger inquiry for de-
Sirabie holdings at the opening of the pres
ent week.
Walter A. Clark Of the firm of Clark &
Knapp. IL Montgomery street, reports
country real estate active. Property in
University place, which they are selling in
small acre tracts, is in good demand.
Among the sales made recently by The firm
was the Riddle property, near Mountain
view adjoining University place. sold to a
Cleveland Ohio capitalist for S25.500 six
acres in University place for $500. five
acres for $3.50 and ~ acres for $500; also a
One-acre improved place in Mountain View
for $1,000. The large brickyard which has
Just been located at Mountain View. and
which will employ 200 men, has created a
demand for town property.
Sol Getz e. Bro. of IS Post street report
the following sales: Lot 25x120. ON the
west line OF Forty-tifth avenue. 175 north of
Is street, for $500; 25Xl00. ON the south line
OF j street. 107 IS feet west of Thirty-iourth
avenue, for $500; 50X120, on the east line of
TweDty-tirSt avenue, 80 feet south of j
street, for $500; five lots in tie City Land
Association for $50; 81 :6x100, on the north
west corner 0f Z street and Fourteenth
avenue, for $500.
Jacob Heyman reports the sale of four
lots in the Heyman Tract, on Twenty third
and Douglass streets. for $500; three lots in
ri fnr 4 Lot, in
block IL, Abbey Homestead, $500, near
Colma; two lots on Twenty third avenue.
near Z street, for Sl100; four lots on y
street, in block 1879, fer S275 each. and two
lots in block 1903. outside lands, $3.50.
Julian r. Brandon reports the sale of the
northwest corner of California and Polk
streets. 81 IS feet on California street by 81 IS
on Polk. to William b. Bradbury for S23-
500. This is the second time this property
has been sold in the last two weeks
J. T. Damn of j. T. Dunn & Co., the we'll
known dealers in the stockyarGs property
on the bay. speaks enthusiastically of the
new city To-day" he says, ''the con-
tracts for miles of grading have been let,
aud the streets are being rapidly graded.
Contracts for 20 miles of stone sidewalks
have been let. A mammoth steam trencher
is at work digging heditches for the sewer
age and water systems. An immense feSeT-
voir Is being constructed that will hold
100000 gallons of water. Contracts have
been let for the setting Of double rows of
trees on each side Of the streets, and the
trees are now being set out On Grand ave-
nue.; also for the boring of a we'll for natural
gas, the machinery for which is now on the
ground. Immense brick buildings covering
II acres of ground, from three to i've stories
high, VIII be- completed by the 1st of June.
The ship-canal has been dredged about one
mile. and such vessels as the steamer New
ark are making trips to its wharves. The
Bay Shore Railroad has been built into the
city. and passenger and freight trains are
new running regularly on this new road"
moving along satisfactorily at South San
Francisco, the new city on the bay. Sew
eral buildings were started last week aud
contracts let for others. The streets are
being graded, trees are being set out and
work III every direction pushed as fast as
possible Regular excursions will be run
hereafter on Saturdays and Sundays over
the new bay shore line, which is finish ed
Into the city.
Easton. Eldridge & Co report the sale of
about $4,000 worth Of the famous Sargent
ranch, near Lodi. as the result o. their largely
attended excursion TO the interior last Satur-
day. The firm will c0Educt It's customary
auction sale OF choice city property to-day
at noon in the salesrOomS at 63S Market
street. The catalogue comprises many
fine offerings and the sale promises to be
largely attended.
On Thursday of this week. McAfee, Bald
win q Hammond will hold. perhaps, the
most attractive auction sale of residence
property that has been conducted in the
city for many months. The lots all lie in the
vicinity of the park, in one of the choicest
residence districts, and will likely enhance
in value very fast.