The San Francisco call., 1897-02-01
REAL ESTATE
MARKET REVIEW
Business Has Been Quiet
:. During the Past Week
in Land Matters,
Excellent Opportunities at the
Present Time for Investment
in Real Property.
Effects of III, Sale of 1ustallment t
Homes on the Renting of
T.: Property.

| and when property is valued at exactly what
it Is worth, there.i An. excellent opportunity
for judicious capitalists TO look over the 1eld
and, getting little out of the regular rut, iu
vest their money in property that has not yet
| become high-priced,' but is likely TO be so in
! the near future
The opportunities which are now presented
IN this City for purchasing houses on easy
! installmenls have undoubtedly, TO certain
extent, interfered with the renting business
as there is within the average American q
str ong desire TO own his own home, however
| hum bic it may be.
| The facilities for acquiring homes in San
Francisco which until few years ago were
confined to those in possession of considerabl
| means, are now within the reach of every one
who has few hundred dollars and is in re
ceipt of a regular salary such enables him
10 pay a fair rent Sometimes 1t is even
possible for man to buy a house and lot
without paying anything down.
In such cases, however, as may naturally be
supposed, the property offered is not of he
most desirable description, consisting gener :
ally OF small lots in out-of-t -the-way parts OF
town, which the owners have been unable to
dispose OF in any other way.
When. however, man can buy conf orta-
BILE house aud lob by paving couple of hun
dred dollars down and about as much mon thIy
as the rent would amount 10, there is no great
cause for com plant. II is true that the inter
est during the early years, together with the
insurance and taxes adds materially to the
payments which have TO be made at first, and
for this reason owners VINO sell in such man.
ner should, when so desired spread payment
over as long term of years as possible.
The real estate brokers are finding encour-
agement in the prospects OF increased immi-
grafton to the State owing to the active work
OF powerful colonization organizations.
"A great hindrance 10 the legitimate coloni:
Zation enterprises OF this State has been th e
disposal in Eastern and European marx cts of
ppTu ma iyal- hi 1ncS ,fC n
at the same hgure at which good lands have
been offered here.
There is no more hopeful sign in California
to-day than the TACT that all over the State
large holdings of land are being divided up
and sold 10 settlers in tracts of a few acres each
1t IS. only a few years since one OF the chief
obstacles to immigration to this State YVES the
/ difficulty TO secure small farms OF. desira b! e
land in good localities. All is changed now
Some OF the largest tracts have been divided
un ana colouized; others are now being sold
Off
REVIEW OF THE RECORDS:
Ninety-eight deeds were recorded during the
past week.
! The mortgages placed on record during the
same time numbered seventy-nine, and were
for total of $25S,312. Among the larger ones
were the ioli6wing By Mrs. S.A. Aronshon
to Henry NJ and Anita C. Block. $40, 900 for
two years at 10 per cent per annum, on prop
Ieerty at the, southwest corner OF Geary a nd
Scott streets, 55x96:6 feet; by William c.
Spencer to James w. Ryan, $500 for one yea r
Van Ness avenue, 9l:5 north of Pacifi c
street north 45:15 by east 1875; by
Henry j. Curtis, $4,000 for four years at
z per cent on property on the north line OF
Fulton 1875 west OF Broderick, west IS by
north 1876; by Daniel Meyer to Isaac Up
ham, $4,000 for one year at 81 per cent, on
property on the north line of oEddy oil :6 east
OF Octavia, east 63:6 by north 100; by The
Hlbernia Bank 10 Mary hurley, SIG $50 for one
/ year on property on the northeast corner of
/ Pacific avenue and Cough, east 1926 by north
1876, and on, north line of Pacific avenue ITO
east OF Oetayla, east 30 by north 1878; by the
! same TO w. ]. Conrad, $1,000 for one year at 81
! per cent on property on the west line
OF Larkin, 80 north of. Golden Gate avenue,
! north by west 20; by the same to John and
Elizabeth kleinhauS, $1,000 on property on
/ the north line OF Fell street, 1915 east of Web
| ster, east 30 b. north 12o; by the German
Bank to Mary A. Schmidt, $500 for one year
| at per cent, on property on the southeast
! corner of Fifteenth and Guerrero streets east
10O:1O by south 100 by the same to Chris
east corner of Mission and Twenty-third
streets, north 40 by east 1926; by f. G
SchmledeI to William EhrenpIort, $50, 900
! Tor three years at per cent on property on
! the southwest corner of Washington street and
Brenham place, west 2S:6 by south 1876, in
lOO-vara block 362, on the southwest line of
Third street 80 southeast Of Market. southeas st
% by southwest rs, in 100-vara block 367, on
me southwest line OF Third, 100 northwest of
Brannan, northwest 80 by southwest so, ana
on the southwest line OF Fifth, 130 nor Invest
OF Harrison, northwest 30 by southwest 75.
The releases numbers hfty-two and were
| ior n total OF sS29S, $40. Among them were the
/ following: From the San Francisco Savings
| Union TO Gualala Mill Company, $40 600 on
property on the northeast line OF S'euart
STR ct, 229 - feet sout utheast of Market 45:IOx
l3I 70 ieet; from Mrs. 5. A. Aronshon to Henry
+. and Frederick Burns, $4,000 on proper ty
al the southwest corner OF Geary and Scott
streets, o5x96:6 feet; from the French Bank to
| William and Louise Mosser $4,000 on pror-
erty on the west line.o Pierce street, 14S feet
south OF Union, south rs by west I37 IS
from. Daniel Meyer 10 Louis and Fanny
Braverman, S132O0 on. property on the north
4 line OF EDDY street, 211 Is east of Octavia,
east 63;o by north 120; from the
German Bank to Jane Burkhead, $4,000 on
property on the northeast corner of Pine and
Laguna streets. east 22:11 by. north 81 :S:
from the Hibernia Bank to Moses. Gusiavus,
Nathan and Abraham RoSencrantz. SIG 600
on property on the northeast line of sixth
| street, 10 ieet mort invest of Bryant, nor thyest
70 by northeast 100; from The same 10 Marie
| {. and Hans L. Kofved, $3.50 on property
on the east line of Castro street, 227 feet
south OF Seventeenth, south 4S by east
80; from the German Bank TO David and
Joseph Well, $4,000 on property on the
nortn line of Pine street, 90 feet east of
Octavla, east So by north 1876; from the
Hibernia Bank to Pierre and Marie Priet. S3O,-
600. on properly on the north line of O'Far-
! rel street, 137 6 west of Powell wet SO by
north l37 IS; from the same to Joseph A. Oil.
yer, Szo,ooo! on property on the northwest
corner OF Mission and Eighth streets south
west 275 by northwest 275; from the French
Bank TO Letitia W and Elznbe. h NJ Hudson
| 10000, ON property in the Hudson TT. ct be-
ginning at the intersection of the iyidinp II ne
| OF the Paul and Hudson tracts with the west
line OF Railroad avenue, thence north IL deg.
| 46 min. east FL .43 chains, north 70 deg 55
min. west .27 chains, south Is deg 80 min
west 10 10 Chains, south 73 deg So min east
3o23 chains; from the German Bank to Will
liam Dunphy, $4,000, on property on the
nortn line OF Washington street. 137 IS west of
Octavia, west 137 IS by north $50 40: from the
Eintracht Verein TO WendeI ii Zeiuer $4,000 on
property on the northeast corner OF Natoma
ana Russ streets, northwest 70 BY northeast
"a from. Fronle and Edward g. Schmiedell
ana Antoinette w. Howard 10 William Ehren-
piort 10y attorney, $50, 600, on property ON
the southwest corner of Washington street
ana brenhRln place, west 2S:6 by south 80 :6 .
on the southwest line OF Tn ird street % SOUTH
west OF NJ rket, south as. 25 b southwest rs:
! on the southwest line of Third street 100
| northwest OF Brannan. northwest 80 by south
west 80, and on the southwest line of Fifth
street, 40 northwest of Harrison northwest
80 by southwest rs
| NEWS ITEMS.
The block OF land bounded by Fourteenth
ana rlteenth, Rhode Island and De Haro
streets mas been sod through Baldwin &
howeil 10 the San Francisco Sanitary Reduc-
sion orKs; The price, however, has not vet
peen made known. The erection of a build ing
| on tue site has already been begun
4 SlQCe the opening of a nj nf No