The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-07-01
REVIEW OF REAL ESTATE,
inducements to Buy and Inn
prove Property in This
City.
TRANSACTIONS OF THE WEEK.
Building Operations Continue LIVELY
in All Parts of San Fran
cisco.

The real estate market for the past week
has been quiet. b,lt an early revival and
continued activity are certain.
There are few if any other large cities in
the Union offering the same inducements
to acquire property and build home as
San Francisco. The reasons are apparent
to any one who considers the advantages
enjoyed in this City,
In the first place, the reason why ground
is cheap in San Francisco is that there
is no false imitation of values, due to the
TACT that there is much desirable property
convenient for home sites, and for the adj
ditionai reason that period of financial
depression has Just been gone through.
Home capital is always ready for any one
who wishes to improve a certain section,
if it be within the City limits. in district
which has some promise of improving.
The disadvantages that are to De met with
lii the East are not known in this City.
Here one buys property by the front foot,
while there real estate is sold by the square
loot at from S. to $50 foot. This high
price prevents the poor man from acguir-
ing home at the very start, and it is not
often he is given an opportunity to buy u
home at these high prices OH monthly
installments.
In San Francisco property is sold by the
front foot, and the lots vary in depth from
so &c 1917 feet. The depth has not
much bearing on the price OF the front
foot, as one viii find On pricing much of
the property Of varying depth in the out
living districts 1t will average from So to
$50 per front foot, and the depth will be
from 80 to 100 feet. This same property,
with less prospective advanceLaent, IN Bal
timore. Philadelphia, Boston, Washington
or Chicago, would cost from $50 to SO
front foot.
III building materials this City is espe-
cialIy well provided. Stone quarries are
plentiful and located within easy distance.
The advantage that this City enjoys in the
making, in the quality and in the cheap
ness of brick and terra Gotta is another
great factor that figures prominently in
cheap BODYBUILDING, and as TO lumber
San Francisco Is one of the largest lumber
markets in the world, being the depot for
the mills Of Oregon and Washington, as
well as OF California. Of lime, slate and
marble there are inexhausube stores
within the borders of this State OF the
finest and most desirable quality
These are some of the inducements to
the acquisition and improvement of
property at this particular time, saying
nothing of the reduced rate of interest by
that the bank account can be broken now
without the sacrifice of accrued interest.
BUSINESS OF THE WEEK.
There were IS deeds recorded during the
week ending June %, nearly all OF which
were Tor nominal considerations. Among
them was the coed for $40 251 to the south |
west corner OF Polk and Bush streets, |
70 :9x30. from John H. Brunings, admin |
istrator of the state OF Martin Brunings,
10 Agatha L. Vilegla.
Among the 70 ortgages were the follow
ing: By the German Savings and Loan
Society. S15, 500 for two years at 615 per
cent. on 6Ox122:6 on the east line of How |
ard. 15J feet north OF Twenty first street !
bv a private party, So, 900 for one year at |
6j% per cent, on 30x60 on the northwest
line OF Mission, 275 feet northeast of
Fourth street; by the Hloernla Savings |
and Loan Society, $2S, 500 Tor one year at
81 per cent. on 68x137 IS on the north line
Of Golden Gate avenue, 1926 feet west of
TAYLOR street; by the Security Savings
Bank $50 600 for one year at per cent, on
the property $50 feet from Third street in
the 100 vara block No. 1863; by the Hibernia
Savings and Loan, Society, $24 600 for one
wear at 81 per cent, on the northwest and
southeast corners OF Noe and Valley
streets. in HOrner's addition; by the same
bank. $1,000 for one year at 61% per cent,
on 56xS7:6 on the southeast corner of
Gearv and William streets; also $4,000
for one year at 81 per cent, on 120x1G0 at
the west corner of Tenth and Mission
streets.
The largest among the releases were the
following: S11, 900 on the property, 50x112,
on the east line of Fillmore street, 80 feet
north of Jackson, by the Mutual Savings
Bank; $25, COO on the property, 50x165, on
the southeast line OF Market street, 400 feet
northeast of Seventh, by Marcus and J.
Rosenthal; $4,000 on the property, 60x80,
on the northwest line of Howard street,
315 feet northeast of Fourth, by the Mutual
lsszsngs Bank; $1,000 on 25x85 on the
5rth line of Eddy street, 1870 feet east of
Mason, by the German Savings and Loan
Society; SIS, 2S5 on thirty-fve lots in out
side land block 665, bounded by H and l
streets and Eighth and Ninth avenues, by
John I. Doyle.
BUILDING SUMMARY.
During the month of June the building
contracts footed up $647 JOY, more than
double the amount for the same month of
last year.
The following summary from Wolfe's
Building News and Review shows the
number Of building contracts and their
value for the first six months of the past
four years: