The morning call., 1892-04-04
REAL ESTATE MATTERS.
A Fair Business Done During
March.
Views CT Agents on tho Future Outlook
Sales Of City and Country
Property.


than that to be had from the information
given out by some Of the representa- We
reai-esiate firms in their statements of last
months business. The volume of trade for
March, it is announced, proved fairly salts
factory with most firms, who regard h.
outlook for the present month as reasonably
sure of an increase. Apparently great
many are beginning to feel that some new
and powerful factors will shortly appe
upon the scene and enter into the work of
promoting the growth and good of the city
as result of the general uprising against
the wrongs and expressions of m0n0p0lies.
Reviewing the situation in the Real Estate
Circular for April, Thomas Magee, the we'll
known real estate man, says: There is no
new feature to note in real estate. The
aggreg ate business being done is not large
and the sales, in point Of number at least
would be much smaller but tor transfers
south of the park and out at the Mission
ward extremity of the county line, where
lots sold one to three years ago, and paid
for since in So to $40 monthly iaStallm ent,.
are now going off record
There never was less inside paying bust
ness property for sale liz San Francisco
than at present. Many BUYERS have for
months waited for good investments Of this
sort, without being able to fnd them.
Owners OF such property, not as a rule
carrying any debt Will not sell, for the
reasOn that, If they did, they see nothing
nearly so good in sight in which to reinyest
the money. Retail property is now mos
sought by buyers, the wholesale business of
the city having suffered from the continued
determinations of the Southern Pacific
Railroad and the Pacific Mail Company In
both its Panama and Oriental lines. Lots
worth $500 to $500 ", stward and south
ward are now in most request Pacific
Heights lots are in good demand. No re-
dnctlon III prices has occurred out that way.
The total number of sales made in March
was sol, of the value OF 81. $50, 095."
1t their Real Estate Record for this
month &. Ii. Umbsen 81 Co. give the follow
Ing timely advice with regard to people not
owning their own homes in this city: Cabie
and electric roads have brought the outlying
parts of the city within easy reach. san,i the
necessary lot can still be obtained for rea-
Sonable sum. Advantage should be taken
of this fact in time, for the city is continu-
ally spreading and before long will cover
the entire peninsula. Now is the time to
buy as values are sure TO gradually rise as
population Increases. There are few cities
In the world where there are more home
steads in comparison to the population than
In San francisco, and in no other is th
majority of the people better off. This fact
lnsures the ultimate wealth OF the city, for
nothing builds up community so mu b as
large quantities of small holdings, the prop
erty of the men who live in them.
NOTES AND AGENTS SALES.
McAfee, Baldwin 81 Hammond report a
brisk demand for property of almost every
description uring the past week. In addi-
ton TO quite number OF sales effected
they have had numerous offers closely ap-
proximatlng the asking prices, which will
unquestionabiy bear fruit. The inquiry for
lets in the Sullivan-McCreary blocks, which
are to be offered by them at auction next
month, is Unprecedented. when il is con-
In ri
nectlon the firm reports the sale of the 30
vara lot on the northeast corner of Baker
and McAllister streets at so. 900. This is
IN the block just west OF one of the blocks to
be offered at auction. They also report the
following sales: House and lot on Sacra-
mento street, between Mason and Taylor,
$4,000; lot 81 :8x137:6. on Cherry street.
near Clay, $3.50; lot 25x100, on northeast
corner of York and Butte streets, $3.50; los
50x100, on east side of Rhode Island street,
near Nevada, 1920; lot 25x120, on east side
of Seventh avenue, near q street, SI203;
also three corners, each 81 :6X100, on Cali
forna street, in Richmond, at figures run
ming from $3.50 to $780,
McEwen Bros. report the following sales:
Lot OH Belgrave avenue 42l feet east of
Stanyan street, 25x100, $3.50; lot 25x100 on
south line of Belgrave avenue, 325 feet west
OF Lincoln, for $3.50; property on south line
Of California street, near Sixth avenue, 25x
100, S11O0; two lots on Butler street, near
Cortland avenue. 500; also ranch in Fresno
County OF so acress, near the town of San
ger. $1,000.
Jacob Heyman has purchased outside
land block 722. near the boulevard, which
he intends placing on the market in subdi-
visions The block is now being graded,
and a sidewalk Is TO be laid along the
boulevard to the property. Mr.. Heyman
has disposed of three lots in the Heymaa
Tract for $3.50; six los near Cnlma, on the
line of the electric road, for $500, aud four
lots on the east line of Thirty-eighth ave
hue. 200 feet south of G street, south LOOK
lie. outside land block 1868. for S275 EACH
Troy q McNaly have removed to larger
and more commodious Office in the sans
building at $50 Market street, and report an
active business during the past two weeks.
They have consummated the following
sales: House and lot, 1909 Stevenson street
near Twenty-irst. for $500; house and lot,
30 ;6x117:6 e, on the west line of Church
street, 97:6 south of Twenty-third, for
$500; lot on tue west line of Hoffman street.
near Twenty-third. for $1,000; cottage and
lot on west line of Douglass street l25 feet
north of Elizabeth, for 1915. and lot 50x12o
on south line OF street, 81 Is west of Forty
first avenue, for $3.50.
Solomon Getz & Bro. report the following
sales this week: 50x120. on the east line of
Twenty-frst avenue, $50 feet north of X
street, for 1920; 25xl20. on the south line
Of l street, 57:7 feet west of Twenty-seysnih
avenue. 500; 25x12o, on the north line of j
street, 81 Is west of Twenty-seventh avenue,
for 1915; 50x120, on the east line of Thirty
seventh avenue, $50 feet north of B street,
for $500.
John Pforr reports the sale of the north
west corner of Broadway and Mason street,
40 feet on Broadway by so on Mason, VITA
old frame buildings renting for SIT per
month. for $500: also several smaller sales
on NeY and Craut streets, in the College
Homestead. and two lots in the Excelsior
Homestead
George ID. Shadburne Jr. reports the sale
of lot 25xf14 on the east line of Ellen street,
near Duncan. $3.50; two lots in Ben Franklin
Homestead, $500.
Mrs. Hendry has removed her office from
634 to $50 Market street, where she has bet
ter facilities for the transaction of her real
estate business.
AUCTION SALES AND EXCURSIONS.
EastoB, Eldridge Il Co., the progressive
Market-street firm, propose TO make things
hum during the month of April. The eats-
logues for their auction sales equal in variety
aud attractlveness anything OF the kind ever
gotten up on the coast, comprising offerings
ranging from most elegant Mob Hill resi-
dence to the most unasSuming cottage In
the suburbs of the city, and from one OF the
most desirable business corners in the
metropolis to one of their fruitful I0-acre
tracts near The beautiful town of Lodh in
the famous San joaquin Valley. Their ex-
traordnary auction sale of 100 Sunset resi-
denca lots to be held on the 18th, and their
grand excursion TO ana auction sale OF small
fruit farms near Lodi on the 10TH will, err
haps, prove the most interesting features Of
the local real estate market for the month 81
April. Among the sales closed by the firm
during the week were: Outside land block
TO. for $4,000; lots 3 and g. Holly Park,
S1100; a 50-vara at the northeast e"rner of
Clay and Walnut, to Albert MILFORD, the
builder. $4,000; lot 25x137 IS. on the north
side OF Fulton, west Of Lyon, $3.50; ct
25x100 on the north line of Page, west of
Webster. 5000; lot 23x6O and improve
ments. on the south side OF O'Farrell, west
OF Mason, SIS. 800. and lot 25x120 on the
west side of Seventh avenue, north of
Clement, for 1925
IMPROVEMENTS At SKINNY SIDE