The San Francisco call., 1899-11-04

DHE real estate market is steadily i'm
proving and although the present mu-
nicipal campaign has had a deterrent
effect it is but temporary, and with
politics relegated to the rear there will,
unless all signs fail, be a decided revival
Of business in realty transactions during
the coming winter months. The condi-
tion Of the market is clearly and concise
ly set forth in the Real Estate Circular for
October, just out, published by Thomas
Magee & Sons, as follows:
"The real estate market is doing well.
It is without excitement of any kind or
any tendency or sign of boom. Until late
ly buyers would only look at the very best
inside property, that was steadily paying
and always certain to do so. Now they
are beginning to look at property that
does not steadily rent and whose value
is more in the near future than in the i'm
mediate present. In other words, what
because Of the trend of business and
growth of the city-is on the threshold
of being inside property is now consid-
cred, and some of it is being bought.
Such property is a better buy than the
best inside property: Inc latter has
values by any means, but q comparative
maximum; the latter has only begun to
move forward and is certain to have a
"There Is some demand for purchases
and Considerable demand from lessees for
property down by South Beach at or near
the railroad tracks.
ing lots and houses and lots westward,
out along the cable lines, between Nc
Allister end Haight streets, and a very
good demand for residence lots and resi-
dences and lots out Pacific Heightsward,
at full prices always and advancing prices
in some cases.
Property owners IN outside districts,
of nd IA al&
are beginning to mark UP their unstable
lots, because there has been some move
ment in downtown business property.
There Is not yet, however, the slightest
sign of a movement in any property on
the outskirts Of the city in any direction.
To mark up the prices or such property
now will only result in making it more
The total number Of sales made IN Oc-
tober was 254, Of the value Of 81 1,204 ,7SS."
Referring also to the condition of the
market the Real Estate Record, published
by G. H. Umbsen & Co., says:
Real estate has taken on new life dur
ing the last month. The, Improvement
has been mainly in the 5O-vara and the
tions there have been several investments
ranging above $4,000, while the Western
Addition holds its own and the Potrero
registers an advance over the previous
month. Downtown and centrally located
realty is in good demand and investors
are evincing a disposition to come nearer
TO the views OIL OWHGIS. L ne result Is
more numerous transactions. Undoubted-
ly the rains have had a good effect on the
market, and should the season continue as
It has opened there is every reason to an
ticipate lively times during the coming
winter and spring"
The most important sale Of the week
was made by Thomas Magee & Sons, who
sold the two-story and basement building
belonging to Mrs J. S. Doe on the east
side Of Fremont street, 1894 south Of Mar
ket, 45:10x137:6, to Miss Maud Bourn,
the price paid being $4,000. This
property adjoins the Mack prop
erty, which was sold about eight
months ago, including a new four
story and basement brick building, for
$4,000 Fremont street, between Market
and Mission, is now the best built-up
wholesale block in San Francisco. There
Is but one gap TO break the continuity of
fine buildings and that is where the recent
fire in that district destroyed the pro-
perty 137:6x137:6 on the northeast corner
of Fremont and Mission streets. This
property is now being offered for sale by
Thomas Magee & Sons. An offer for the
site was recently made by one of the
largest firms in the city, who propose to
erect thereon a five-story brick building,
two-thirds of which they intend to occupy
themselves.
McAfee Brothers report the following
recent sales: Lot and improvements on
the northwest line of Howard street.
316:S feet southwest Of First, southwest
IL :SxS5 feet; price $500. Two lots on the
easterly line of Spruce street, 52:S feet