The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-12-16

A disposition on the part of many per-
sous to invest in city realty is quite evil
dent, though prices must be reasonable.
As general proposition almost any real
property in San Francisco can be sold at a
concession of 10 or 10 pee cent below maxi
mum values.
The auction sale held at 10 Montgomery
street last Thursday was a satisfactory
criterion of the market. 1t left pleasing
inference for real estate men, as there was
abundant evidence of a disposition to
place capital in the good securities offered
In downtown property. A lot. 25x75. on
First street, near NINA, sold for $500;
property at the northwest corner OF Cali
fornia and st. Mary's street, q :9x6S:9,
with three story brick building, had an
offer of S24. 500. which it is expected will
Ds closed al slight advance. A residence
aud lot, 6S :9x120. the home of the late Will
liam Higgins. at 1924 Suffer street. mad
bid of $4,000, and was sold yesterday at
$4,000. A block in Southside, bounded by
q. X. Thirty-ninth and Thirty eighth
avenues. sold for $500. No. 81 Clara street,
between Third and Fourth, with improve
ments, 25XS0. sold for 5000, and three lots
on Lyon street, near Fulton, brought $3.50
each. while the corner. 25x9610, sold for
$1,000.
o. HI. Won Rhein & Co. closed a 90
tending from Steuart to East street and
| between Market and Mission streets. T.
| A. Him of Santa Cruz aud Joseph East
land are the lessons and G. Flathman of
Oakland the lessee. The rent for the en-
tile period OF twenty years is S51, 600. The
lessee proposes To proceed at once with the
erection of brick building upon the prem
ises. to cost about $4,000 or $4,000.
The sale of Sutro's Midwlnter Fair lots
on s and I streets, Thirty-seyenth and
Ihlrty-eigbth avenues, In Southslde,
showed heavy decline in values of that
district. The average price paid at auction
was S45, but it was far below present lar
ket prices. Two or three years ago these
lots brought $500 or more.
No better proof than this could be pre-
sented TO show that outside lands south of
Golden Gate Park and now beyond the
reach of prospective improvements have a
speculative value merely.
q. II. Umbsen & Co. have subdivided a
large ranch in San Ramon Valley, Contra
Costa County, and will offer the tracts to
small farmers on easy terms.
The following sales are reported by
Baldwin and Hammond: Lot 25x114. on
the north line of Nineteenth street, be-
tween Church and Sanchez, S165O; lot
q :6x137:6. on thy south line of Page street,
between Laguna and Buchanan. $3.50; lot
in Greenwood block. on the west line of
Fourth avenue, 125 south of Lake street,
S1100; four lots on the south line of l.
street, between Twelfth and Thirteenth
avenues, $500 each, lot 25x100, on the
south line of FL street. between Ninth and
Tenth avenues. $500; lot 25x100, on the
east side of Mississippi street, south OF
Butte, $1,000.
Among the recent sales made by VIII E.
Fisher & Co. In Richmond are the follow
ing: Lot on the northwest corner of B
street and Eleventh avenue, 80 :6x10O,
$500; lot on the north line of b street,
81 e west OF Eleventh avenue. 25x100. $3.50;
lot on the north line of b street, 25x100,
$3.50; lot on the north line of b street, 49,
feet east of Twelfth avenue, 25x120. $3.50;
los on the north line of B street, 25x1O0:
| lot on the east line of Twelfth avenue.
$780, lot on the south line Of B street, 80: IS
feet east of Eleventh avenue. 25x100. $3.50;
LOT on the west line of Eleventh avenue,
100 feet north of B street, 25x120, $3.50.
Sol GetZ 81 Bro. report the following
sales: Lot 25X120, on west line of Eighth
avenue, 200 feet south of II street, 5000:
lot 50x120, on east line.of Thirtieth avenue,
275 feet south OF l. street. $3.50; lot 25x12O.
| TN west line OF Forty-hrst avenue, $50 feet
south of p street. $500; lot 50xl20. on east
line of Twenty-third avenue. $50 feet
| south of K street. $500; lot 50x120, on east
line Of Twelfth avenue. IT'S feet north of j
street, $1,000. De Rochem ont & Poehlman
sold lot 27xS0 on Lafayette street, near
Mission and Eleventh. for $3.50. and lot
in the Paul Tract. San Bruno road. for
$50.
The firm of Buckingham & Co. has dis
| solved partnership, A. E. Buckingham
having Withdrawn indefinitely fol- a rest
and the benefit of his health. The bust
ness will be continued under the same
name by G. III. Buckingham, who is sole
agent for the South San Francisco Land
and Improvement Company.
The three-story dwelling at Turk street
and Seymour avenue is to be converted
in to flats at a cost OF $500.
A dwelling at the corner of Jackson and
Cough streets is to undergo alterations
which will cost $4,000
A lot on Van Ness avenue, near Geary
street. will soon be improved with hand
some mansion which will represent an out
lay OF at least $50.
A college will be erected by the Sisters
of Notre Dame on Dolores street. between
Sixteenth and Sew nteentb. It was fully
described in THE CALL. The cost will be
about S100, coo.