The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-08-26
Real Property in San Francisco
as an Investment Com
modify.
TRANSACTIONS OF THE WEEK.
Auction Sale In Oakland - News
From Alameda San Jose
and Stockton.

here at prices that Will insure investors
large returns within a very few years,
and the class of men who are making in
vestmeuts attests the faith that is felt In
San Francisco's future by those who are
best able to study carefully the situation
here as it now exists.
Property values especially in growing
centers of trade are not an accurate in
dex of the degree of prosperity such
place may enjoy. In but few cities OF the
United States are property values fixed.
There is the speculative feature of buy
ing and selling property which too often
either leads the investor to pay more than
the property is worth from the standpoint
of a business investment, or to undervalue
the property and make an offer that is
considerably below what it actually ought
to sell for. In one case he makes the in
vestment on the prospective val uation-
the value the property Will attain at some
time in the near future-and in the other
instance he considers the actual conditions
as they may exist during some period OF
depression and places value on the prop
erty which is lar below the amount repre-
sented by its actual intrinsic worth. The
general rule, however, that investments in
property are safe has been exemplified in
San Francisco, just as 1t has in every other
prominent city of the United States, and
the man who makes a judicious invest
ment in San Francisco property to-day
will realize the same returns on this in
vestment that the thousands of people
have who have already made fortunes out
of San Francisco realty.
REVIEW OF THE RECORDS.
There was a noticeable increase in the
recorded real estate trHDsfers of the past
week, opposite many of which were set i'm
portant sums in place of the usual $40 con-
siderations.
The loan made by the German Savings
and Loan Society of $4,000 to w. II.
Croker at 81 per cent was the largest re-
corded on City property during the past
week. 1t was, however, merely made for the
purpose of canceling another loan of the
same amount, but bearing higher rate of
interest. The security covers 50x165 feet
on the southeast line of Market street, 375
feet southwest OF Sixth.
Other large loans were: By the Hibernia
Savings and Loan Society 500, 900, for one
year at per cent on 50x100 on the south
east line of Park avenue, 200 southwest
Of CITY Hall avenue, 100XS0 on the south
west line of Sixth street, IS feet southeast
of Brannan and 50x137:6 on the south line
of Fell street, 1877 IS east of Pierce; by Ellen
C. Sargent, 81, 700, for one year at per
cent on 25x137:6, on the north line of
Geary, S7:6 west of Jones; by the Hibernia
Savings and Loan Society $14, 900, for one
year at 81 per cent, on S0x160 on the south
east line of Mission, 1866 southwest of
Tenth; by Caroline Hawxhurst, $4,000,
for two years at II per cent, on Santa Clara
property; by the California Title Insur-
ance and Trust Company $4,000, for two
years at 6H per cent per annum, on
75:31%x91, on the west line of Valencia, 200
E jTH or nv no
German Savings and Loan Society $4,000,
for one year at 61a per cent, on 25x122:6, on
the west line of Shotwell, 125 north Of
Eighteenth street.
The most important releases from mort
cages recorded were the following: By the
German Savings and Loan Society, $45, 900,
on the property of irregular shape in 80
vara block 81, on the west line of Kearnv
street, 1916 north of Geary, north 40, west
50:5, south 62:6, ETC.; by the Hibernia
Savings and Loan Society, So, 800, on lot
60x8S on the northwest corner of Valencia
and Seventeenth streets; by the German
Savings and Loan Society, $4,000, on 75x114
on the southeast corner of Jersey and San
chez streets. and by the Hibernia Savings
and Loan Society, SD, 900, on 80x160 on the
southeast line of Mission, 1866 southwest
of Tenth street.
During the past week there was recorded
q deed of trust from the Stanislaus and
San Joaquin Water Company to the Cali
fornia Safe Deposit and Trust Company.
1t was for $3.50, 900 for twenty years at 6 per
cent and covers all the water rights and
other property of the water company in
Calaveras and Tuoiumne counties as well
as San Francisco real estate.
A. H. Lissak of 0. F. Won Rhein d Co.
reports the sale of store and office build
ing in the vicinity of Stockton street and
Montgomery avenue for $4,000 As the
title of the property is still under examina
ton the transaction is not of record. The
purchaser is said to be q business man of
this City.
BUILDING CONTRACTS.
The following building contracts were
recorded during the week:
". H. Wickersham, contractor, with Kaeting
Leonard & Ransome, sub-contractors, concrete
and artificial stone work for engine-house for
San Francisco Fire Department on southwest
corner OF Francisco and Stockton streets;
$3.50.
Clara Arguello with Ackerson & Peterson, to
erect one-story frame building, except man
tells, thing, gas fixtures and shades on west
line OF Fair Oaks street, go north of Twenty
fifth; $4,000.
Isabella H. Lacy with NJ. s. Libbey, to erect
two-story frame building on west line of
$3.50.
William Gleason with Hugh L. Shields and
l.. NJ. Hickox, to erect three-story building on
VI
Fourth; $4,000.
Patrick Munchan with Hugh L. Shields and
L. NJ. Hickox, to erect two-story frame build
ing on the south line of freedom street, 100 east
of Fourth; $1410.
Annie Donahue with William F. Wilson,
plumbing, sewerage and gasftting on three
story frame building on northeast corner of
Broadway and Buchanan; $44S0.
Annie Donahue with the Burnham-Stande
.ord Company, millwork, ETC., same; $4S5O.
Annie Donahue with w. W Montague d Co.,
steam heating, same; $1525.
Margaret Mccormick with John Forster, to
erect building, except mantels. shades and gas
fixtures, on west line of Howard street, 30:115S
west of Lafayette; S3375.
Luigi Demartini with r. P. Sanchez, to erect
a two-story frame building on southwest corner
OF Taylor and Lincoln streets; $3375
Leon Levy with White Bros, to erect O two
story building on Howard street, near Four
tenth; 1925.
Sidney NJ. Smith with M. C. Brennan & Sons,
to erect a two-story building on north line of
Washington street, 181 east of Webster; $4,000
Emma A. Kinds with Hans Petersen. to erect
building on west side of Second avenue, 125
south of California; 1880.
Congregation Ohabia Shalome with A. A.
Ehat, painting, ETC., synagogue on south line
OF Bush street, 50 east of Laguna; 1864.
Abraham Hessel with f. G. Acker, to erect a
2-story building on south line of Bernard
street, 1906 west of Jones; $3.50.
NJ. F. Guildea with G. w. Forsyth, to erect
4-room cottage on west line of Williamson
street, 5817 north of Point Lobos avenue;
$3.50.
Elizabeth O'Brien with C. B. Franklin, to