The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-05-02
REAL ESTATE MATTERS.
An Early Revival of Business
Looked Forward To.
Two Splendid Opportunities This Week for
Home-Getting -Record of Sales-Notes
and Changes


The volume of trade for the month was
small. and the transactions confined mainly
to medium and low priced properties.
| For the month of May the outlook is de-
cidedly better. The opening week will
| usher In liyeier business in all the lead
| Ing offices conducting a rental department
| In connection with real estate, and also
| bring about thorough test of the market
| in the auction-rooms. Many pieces OF the
| choicest property in the city will seek a new
! owner at public vepdue before the end Of
the week. and there is every indication that
new owners will be found more readily than
at any time since the corresponding. month
| Of last year.
NJ AFEE, BALDWIN & HAMMoND's SALE.
McAfee, Baldwin & Hammond are hard
! at work preparing the details Of their sale
OF Pacific Heights lots which takes place
next Thursday at the Real Estate Exchange.
! They report an unusual inquiry for cata-
Iogues, which presages good sale. Mr..
Baldwin, in referring 10 the matter, said
1--WE have only one thing to overcome TO
insure clean sale, and that is to convince
the public that although we are going TO
sell Pacific Heights lots we do not expect
by any means, Pacific Heights prices.
Any one, with from $500 TO $1,000 in hand
WILL l am satisfied, be able 10 secure enc OF
these lots Notwithstanding the fact that they
are 81 feet wide instead Of the usual size
| % feet | venture to assert that any one
who buys a lot at this sale, provided. of
course, the amount paid is not much greater
than we expect TO get, and takes it Oh the
terms of the sale. one-tfth cash, will more
than double the amount invested within
year.
THE title to the property is perfect. Mr.
ROchat having purchased nearly all Of il
from Alexander r. Baldwin before his
death, and the balance was sold imniedi-
ately alterward TO pay the debts Of the
estate. Y SO the much talked OF prefer m!tted
heir question, which effected some of the
property sold by the executors of the Bald
win estate, does not apply to any of the lots
we will offer. The decision by Judge Levy
rendered few days since applied TO other
property sold by the executors subsequent
to Rochats purchase, aud quite number
OF inquiries have been made as to whether
the property we propose selling Is involved
III the same question, hence we have called
attention 10 this decision. The decision by
/ the way Is not understood by the general
public. The case was entirely a friendly
one, and the court was asked TO decide as it
did in order to perfect the title to the prop
erty sold. 1t enables the executors TO go
ahead and have a distribution made to Mrs.
Baldwin, whereupOn she viii execute deeds
to the parties who purchased from the ex-
ecutOTs. However this does not in any way
affect the titles to the lots we are offering.
Purchasers VIII get a perfect title at our
saie-One which the California Title Insur-
ance Company Will guarantee and any attor-
ney will pass We make il a rule never TO
put up any property at auction until after
the title has been examined and approved"
Won RHEIMS SALE.
o. F. Won Rhen g. Co. will offer one of
the best opportunities of the season for
1udielouS investments on next Thursday
In. their salesrooms on California street the
firm will sell by public auction very select
line of business and residence property
lying on Suffer, Clay, Pine, Fulton, Lyon,
Webster. Twenty-irst, Bryant, juniper,
York, Twenty-third, Bartlett and Russ
streets, besides three entire outside land
blocks. Many OF the properties pay a good
rate Of interest ON the sum OF money for
which they can be bought and will no
doubt attract the attention of local capital
lists and others seeking employment for their
surplus.
AGENTS SALES.
The Carnall- Hopkins Company report the
sale of 40 acres of unimproVed land lying
near Watsouvlle TO SausalltO man for
$1,000. The same firm also reports several
very important transactions we'll under way.
Sol Getz & Brother report the following
sales FOR the " eek 100x120, on the south line
Of l. street, 81 e feet east Of Thirtieth ave-
| nue. for $500; 32:6x100 on southwest cor
ner of Twenty-secOnd avenue and X street,
for $500; 50X120. on the east line of Twenty
third avenue, 100 feet north of L street. for
$1,000; 50X120, on the west line of Twenty
second avenue, 100 feet north of l. street,
for $1,000; 50X120, on the west line of
wentieth avenue, 200 feet north of *
street, for $500; 25X1Z0, on the east line Of
Tenth avenue 125 feet north of \ street,
for $3.50
Jacob Heym reports the sale OF lots %
and 90, ON Alvarad0 street, in the Heyman
tract; two lots on California avenue; four
lots in Boulevard block 722; four lots in
block 1868, outside lands; six lots in block
II, Abbey homestead, and two lots on Silver
avenue.
George D. Shadburne Jr. reports the sale
of lot 25x10O, on west side of Diamond
street, between Eighteenth and Nineteenth,
| for SI4O0; 25X100, on POwhattan street, near
Nebraska, Barnum tract, for $500; 10 acres
in Napa County, near Oakville, for 500.
ALAMEDA PROPERTY.
Next Saturday a portion of the famous
Governor HaiEht homestead in the west
end OF Alameda will be brought to the ham,
mer by William j. Dingee of Oakland.
This is some Of the choicest of the remain
ing undivided lands of the Island City,"
where values are rapidly advancing. and is
altogether charming piece of property.
1t will be subdiyided into so building
lots Of large size and the sale will |
afford an opportunity not often pre-
scented of obtaining Alameda property at
auction. Haight avenue. which is now be- |
ing opened through the property. VIII be- |
come one Of the best residence streets CT
rally in forwarding the already rapid i'm
provement of the West End. The accesSi-
bility OF this property is not the least desir-
able feature. 1t is within five minutes
walk Of two railroad stations and the time
TO San Francisco is only so minutes. The
sale is to be on the ground. corner OF West |
End and Pacific avenue, and terms OF sale |
very easy.
ELECTRICITY TO HAYWARDs.
The opening of The new electric railroad |
to San LeaDdro and HaywardS is quite the |
most noteworthy feature of Oakland'S rapid |
advancement. This road passes through |
and makes available some OF the choicest |
and most desirable suburban property in |
Alameda County, and promises almost to |
metamorphOsis the country through which |
low fares combined will make the |
section popular. Already quite a little |
town has sprung up about the power and !
car houses Of the load ON the Warner
Tract, and the Stone Tract. Fannie DAvep-
port Tract, MelrOse-station Tract, Fitch
burg, etc, and score OF other properties
are having rapid sales. The trial "trip Fri
day was perfect success, and the road be-
gins regular trips to-day.
NOTES AND CHANGES
B. F. Dahl has purchased from Lie. |
MarShutZ the real estate business formerly |
carried on by William y. MarshutZ u Co, |
al 334h Montgomery street. MI. Dahl Is an !
old resident well and fayOrably known and
should succeed in his new venture.
The well-known real estate firm Of Burn
ham & Marsh, located at 42S Montgomery |
street, has incorporated under the name. of |
the Burnham & Marsh Company, with
capital stock of 500, 000 James W. Burn |
ham president, FREQ d. Marsh vice. resi- !
dent and Charles II. Robinson secretary.
A feature of the new firm will be the buy |
ing and selling of bonds, mortgages and APP |
proved securities of all descriptions.
The country department will also be |
greatly enlarged, and in the near future |
several large tracts viii be offered in subdi- |
visions for suburban homes at auction.
Green Cullom & Co. have lust published |