The morning call., 1894-03-17
LITTLE CHANGE.
The Real Estate Market
Stationary.
BUYERS WANT BARGAINS.
But Reduced Values Are Not to
Be Had.
SALES FOR THE PAST WEEK.
Some Significant Transfers Reported
by Agents Show That the Future
Is Promising.
SALES FOR THE PAST WEEK.

The condition OF the real estate market
shows little perceptible change since the
first of this month. Inquiries from ill.,
terested purchasers are numerous as ever,
but 10 most instances some trouble devel-
OPS before coming to terms, and often the
buyers and sellers come TO no terms at all.
For this there is only one reason. The
buyers have an idea that as business is not
fully so good as il used to be city real es-
tate should be reduced in price. They
look for bargains, and in this too much is
expected - sometimes the eXtravagant
rate of 40 or 30 per cent. On the other
hand, owners are quite satisfied to hold
the property, knowing we'll that sooner or
later they can get what they ask, or at
least within a reasonable degree of their
estimates of values Withal, tie volume
of business is fairly we'll maintained, and
the agents appear satisfied with it.
The jordan tract, between Point Lobos
avenue and California street and First
avenue and the cemeteries, is being
graded, prepare tory to subdivision and
opening for sale. There are four or six
blocks in il, all valuable land and good
investment for Jordan, who will realize
handsomely on bis purchase OF three
years ago. 1t Is understood he Will ofter II
for sale in lots this summer.
The steam cars are now carrying pas
sengers To Seventeenth avenue, along ID
street on the north line of Golden Gate
Park. At the new terminus an attractive
entrance to Strawberry Hill has been
made Immediately north of the boathouse
on Stow Lake. This will undoubtedly
offer inducements for building houses and
resorts on the newly opened street and
add to the local property values.
traa Of o. nj ho In
dustrial School lot was sold to a syndicate
of Chicago capitalists for S165,000 With
regard to this purchase rumor has it thai
q portion Of the land will be aid out for a
racetrack, stables. grand stand and hotel
on handsome scale, although the buyers
claim it will be subdlvided into lots and
put un the market at reasonable terms,
which will insure prompt sales. Should a
racetrack be constructed, there Will be a
remarkable i'm proyemeDt in the immediate
district. as a track would bring Increased
facilities of travel upon which would fol-
low settlement by people of moderate
means.
Won Rbein s. Co. report sales as follows:
Brick building (737) on the north size of
Washington street, betw cen hearnv and
Dupont. 25x76:6, $1,000; old improvements
and lot, 25x30, on southeast corner of
Stockton and Washington streets, $3.50;
lot on the northeast corner of Suffer and
:
east side of Florida street, north of Solano,
50x100, 5000; lot on tee north side of
TWentv-eIghth street, east of Sanchez
25X114, $3.50; lot on the south side of Fill
bert street, west of Mon goBery, y tx
157: &C. 500; lot on the east side of York
street. south Of Army, 50x100, $3.50;
dwelling and lot 17:6X75 on the south side
of Mariposa street. east of Florida, $3.50.
@. n. Umbsen d Co. report the follow
ing recent sales: Lot 25x100 on south line
of Golden Gate avenue, 81 g west OF LYON
street, for $3.50; house aud lot on Capp
street, near Twenty-ffih, 21:8x115. for
$1,000; residence aid lot 25xS7:6 on O'Far-
rell street. near Scott. for 5000; improve
meDts and lot q :6x75 al 800 Langton street,
for $500; lot 25X125 on north line of Clay
street, 1870 west of Cherry, for $1,000;
thirteen acres on the San Bruno road. for
S1100; house and lot on north line of
Broadway, 10 feet east of Mason street, for
$500; three lots, each 25x75, on north
line of Nineteenth street, % feet west Of
Diamond, for SLIGO; lot on Laguna street,
near Broadway, for $4,000.
Fisher & Co. report the following sales
this week: Lot on south line of California
street, east of Twentv-second avenue, BOX
go. $3.50; lot on east line of Ashbury street,
25x106:3. 800 feet south of Waller, $500 !;
lot 25x125 and dwelling, 20l4 FlIbert street,
5000; lot and ten-room clearinghouse on
the east line of Cough street, 80 feet south
OF O'Farrell, S15,o00.
The Alta Building and Loan Associa-
ton elected the following officers at its
annual meeting: Julius Jacobs, president
j. Baum. vice-president; Daniel Meyer,
treasurer; Sol. j. Levy, secretary; Rein
stein & Eisner, Attorney; directors
Julius Jacobs, j. Baum, |. Loewenberg,
joseph Dannenbaum. L. c. Meyer, DR.. J..
K. McMurdo. j. Isaac.
In the building line there has been a
fair week, though the contracts signed as
follows do not show very large volume:
A cottage on Sixth avenue, north OF
Point Lobos road, cost $1,000; improve
ments on the Fire Patrol building on Jessie
street, cost $1,000; additions to a Market
street building, near Battery, cost $500
frame building on the San Jose road,
near the Industrial School, cost $500; a
one-story dwelling on J0ost avenue, COS;
S2250; dwelling in the University NJ ound
tracI. cost $1,000; thtee-story frame build.
ing on Howard street, near Twenty-third,
cost $1,000; four. story brick building on
First street, near Natoms, cost So, 600; a
two-story dwelling c n Union street, neal
Taulnr a0Sf 5000