The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1895-01-12
Brokers Very Hopeful for a
Good Year.
INQUIRY BETTER ALREADY.
With Fine Weather an Active
Market Is Expected.
CONFIDENCE In CITY REAL ESTATE.
San Francisco Is Expanding Daily and
Her Land Is Perfect Security for
Investments.

Real-eState agents say tnat business
with them has opened quite auspiclously
for this year. The heavy rains as mat
ter of course, have tended to depress
the market by keeping people at home
and preventing business men from maxi
ing personal inspections of properties
offered for sale. And yet there has been
an appreciate stir around the real-estate
Offices. Inquiries are growing more fire.
quent from day to day and agents have
an increased number of propositions on
hand between buyers and sellers. All
this indicates the approach of pros
porous season, to which the real-estate
men have looked forward for several
months past.
The present outlook is decidedly encour-
aging. The New Years business is but
commencing, and from the increased de-
mand for des irable city property there is
every reason TO Delieve that the spring
market will be the best that San Fran
cisco has experienced in the last three
years.
The accumulation of money 10 banks.
combined with quiet times for few years
past, has prevented capitalists. and espe-
cally the investor, from putting money in
real estate. These conditions IN them
selves influenced confidence in city lands
to a great extent, and the result has been
a contraction in the number of opportuni-
ties for investing. Now, however, things
are changing fast, if, indeed. they have
not changed already, and frst-class prop
critics when offered in the market invari-
ably find ready buyers.
That men Of good judgment have I'M
plicit con fidence in San Francisco realty
as unexcelled security for investments
goes without saying. Il would be absurd
to advance tbsory that the land of this
city, because of temporary depression In
other securities, is open to doubt regard
ing its merits or future value. In the most
trying time of the late financial crisis,
San Francisco property was eagerly
bought up by shrewd capitalists al prices
then prevailing. Values we're depressed,
but they are slowly rising aud reaching
their level If prosperous years. In the
fu ure they are bound to grow, and so
Justify the confidence reposed IN real estate
here. The population of San francisco Is
increasing annually. facilities for trans
portation to all quarters OF the city have
been rapidly extended, the class of build
ings now going up has steadily improved
and spectators are beginning to invest
their money with an eye to the future.
Evidences of steady growth may bs seen
on every side, and need no comment, or
argument that they represent an important
Improvement in local real estate Interests
The city is changing FAST Certain dis
tricts are filling uD with retail stores,
others with magnificent residences that
tell their own story of wealth and prog
ress, and downtown streets are changing
from their pioneer style 10 that OF great
metropolis. Toward the San Mateo
County line. street after street is appear
are reached by electric cars in thirty 10
fortv n,inutns from pSntral nOlntS,
Large prOperty-0wnerS who have stores
or buildings to rent are paying more atten-
ton to improving the streets than ever be-
fore. realiZ ng it is just as essential to have
good streets as good stores. BY con-
certed effort the Merchants Association
has so improved San Francisco within a
few months that prices of property ought
to feel an upward impulse. After all, ap-
pearances count, even in the real estate
market. The work accomplished by clean
ing streets and sidewalks and putting a
stop to dumping of store refuse In the
Rutterways is most important move
toward enhancing the city's attractiveness
as place for residence.
More or less atteD ton has been recently
given real estate near the ferry depot,
because that point will be the main inlet
and outlet OF San Francisco. Strange to
say some of the largest rents, outside of
those on Market street, are paid for
properly opposite the ferries Depot For
the shallow strip on East and Sacramento
streets, LAT on East. and running to depth
of II feet on Market street, $4,000 year
is paid by saloons and chophouses on FIVE
year lease.
Shainwald. Buckbee & Co. will hold an
auction of city real estate in the first part
of February, having received much encnur-
agement from their last sale. The follow
ing lots will be sold for r. b. Wood ward
Northeast corner of Valencia and Four
teenth streets 55x1S0 feet to Stevenson
street; east line Oh Valencia, 300 feet south
of Fourteenth, south 100x100 feet; two
large lots on the east line of Julian avo-
nue., south of Fourteenth street; 125y170
feet on the west line of Mission street, 1913
feet north of Fourteenth; 132x13O feet on
Jessie street, running through to Steven
son, between Thirteenth anu Fourteenth:
also lot OIL the south line ri Ridley street,
% feet west of Jessie, 65x95 feet. The
woolen-mills property on North Beach
will be offered for sale at the same time.
1t includes lands in the blocks bounded by
Van Ness avenue and Polk street, North
Point. Beach and jefferson streets, and
also the factory and other buildings thereon.
Sol GetZ d Bro her report the following
sales: Lot 225x120. on northeast corner of
Thirty-first avenue and G street, for $1,000;
lot 5Ox120 on east line of Thirty-third av-
enue, 175 feet north Of Z street, for $500:
lot 5OxI12, on east line of Castro street, 6S 2
feet south of Addison street, Tor $3.50; two
lots in block Ga, Excelsior Homestead, for
5000; lot 81 :6x100, on northeast corner of
Y street ana ThirJy-ninth avenue, for $3.50,