The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-05-27
REVIEW OF REAL ESTATE,
Features That Will Make a
City Permanently At
traCtiVe.
BUILDING AND LOAN NEWS.
Properties Offered at Private and
Public Sale-ReCent Sales
Reported.

deeper than the surface.
Some people cannot appreciate improve
ment without the spirit of boom, but
such gamboling speculation in real estate
is hurtful to any community. 1t has in
lured, to say the least, the physical char
acter of many of the cities of this Coast by
encouraging hastily and cheaply con-
structed buildings and pavements often by
swindling contractors. 1t is quite enough
in such periods that houses and streets
look well. Building for permanent occu-
patton and the laying of smooth and clean
payements should be the rule.
San Francisco can be made to develop
on lines of metropolitan character only by
displaying private and public enterprise.
A big city is made by big men. When one
looks back at the character of Chicago
men, there is no wonder that great city
leaped into existence on the spot. There
was William B. Ogden, the Mayor of 1888,
q leader among men; Cyrus McCormic,
the reaper man; George Pullman, the
sleeping-car man; Judge Cation, the pro-
moter of telegraphs; Potter Palmer, the
merchant prince; Long John" Went
worth, editor and statesman, and ]. Young
Scammon, the inancier. All these men
have contributed in an amazing degree to
every phase of the progress of Chicago.
1t is gratifying to note that movements
have been set on foot in San Francisco, in
which are found several of our real estate
men, destined to give the City well severed
and paved streets, new parks and boule-
wards, and that priceless and indispensa-
bic auxiliary to every city of importance
proper railway communication with other
portions of the country.
c.,
railway city and when her thoroughfares
are the peer of any Eastern city the peo-
pie already here will remain and more
than half million will come and her
supremacy will be realized.
PROPERTIES FOR SALE.
A whole block-six 80 varas-on the
water front. has been placed in the hands
of Thomas Magee e. Sons for sale at their
own upset price of $4,000 1t is the outer
block block OF , the old se Meiggsp wharf property
bounded by Jefferson, Beach, Powell and
Mason streets. This is the only block of
which the whole frontage, 1926 feet, is on
the permanent bulk-headed water front
with no fraction of State property interpos-
ing. The bulkhead is already constructed
at this point. This is one of the most
notable offerings of the season.
On Saturday, June s, G. II. Umbsen &
Co. will offer 200 lots in Fitchburg. The
terms OF this sale are one-ffth cash, bal
ance in six, twelve, eighteen and twenty
four months. The town of Fitchburg lies
about midway between San Leandro and
Oakland. The land here has a slope OF
twenty feet to the mile, and more fertile
soil or a more beautiful location it would
be difficult to find. The growing settle
ment which has already sprung up there
enjoys many advantages. The Southern
Pacific and the HayWards Electric lines
afford quick and cheap communication
with Oakland. The water supply is abund-
ant, either from the Oakland Water Com
pany and the artesisn water works of
FItchburg, or by bearing wells from thirty
to sixty feet deep. Some manufacturing
plants already exist, and in social and edu-
catlonal advantages it IS behind no sub
urban site.
An entire line of new houses at public
auction is certainly novelty. No such
sale can be recalled since the Real Estate
Association went out of business fifteen
years ago. The occasion of such Offering
IS the auction sale by Won Rhein & Co.,
Thursday, June 6. William Hinkel, the
veteran builder and architect, has con-
cluded to make a European trip and has
given orders to sell, peremptoriiy, one-fifth
cash, remainder in one, two, three and four
years, SIX new houses, Just finishing, on
Cole street, south of Waller. In them
are embodied all the latest ideas and con-
veniences. Each building contains eight
rooms and an unfinished attic and base
ment. The entire catalogue consists of
Mr.. H1nkePs property and includes eigh-
teen park panhandle lots fronting on Wal
Ter, Cole, Clayton, Frederick and fremont
streets; also superb marine view corner
residence, now renting for $110 at the
southwest corner of Broadway and Octavia
streets; three houses renting for S1860 per
year at the southwest corner of Leaven-
worth and Sacramento, and piece of
Chinatown property, zoos Stockton street,
renting for $75. The terms one-fifth cash
apply to the entire list.
Next Wednesday the property known as
the Pioneer Wooden Mills will be sold at
autlon IN subdivisions at the salesrooms of
.Shainwald, Buckbee & Co. The improve
ments on the property consist of a four
story brick building 3S3x64 feet, three
story brick 136x50 and four-story brick
building 69x41 feet. The title is guaranteed
by the California Title Insurance and Trust
Company.
Tomorrow Easton, Eldridge g. Co. will
offer at auction well selected catalogue of
business and residence property. In the
residence line will be offered two modern
French flats in the Western Addition, a
Mob Hill residence on Jones, near Clay
with lot 81 :6x127:6 feet; residence on Cali
fornia, near Baker; seven lots in the Rich
mond District, on the east line of Seven
teenth avenue, near Clement; house and
loI on IWenty-nlntn street, near Dolores; ;
several lots ready for building on Cali
fornia street, near Locust; house of three
tenements on Natoma street, near First,
and lot 35x100 feet on Castro street, near
Nineteenth.
By order of Judge Seawell lot belonging
to the estate of Elizabeth Fishbourne
CYCLISTS feet on Golden Gate avenue,
near Leavenworth street, will also be sold.
Five years ago its value was appraised at
$500 front foot.
To-day G. H. Umbsen & Co. will submit
at auction sale miscellaneous catalogue
of city property, including:
Four two-story houses corner Twenty-fifth
and Bartlett with lot SO :6xlO0; house and
lot corner OF Twenty-fourth and Dolores, with
lot 125x114; corner Twenty-third and Capp,
lot 40x70; house and lot, S4x3O9, on Nine
tenth, near Guerrero; Eddy street, between
Larkin and Polk, three houses and lot, 81 :6x93:
lots on Douglas and Eureka streets; six lots in
gift map No. l; Investment on Bryant street,
between Third and Fourth; fve-room cottage
on Harrison street, between Twenty-frst and
Twenuy-second; residence on Cough street,
between Ellis and O'Farrell; residence In
Mission warm belt; Folsom-street investment
cottage on Columbia Heights, and another on
Twenty-ffth, between Folsom and Treat
avenue.
On Saturday, June 1. at 2 P. M, William
j. Dingee will conduct at his sales
rooms, at AGO Eighth. street, Oakland, an