The San Francisco call., 1906-04-15

men who have made good thing out OF
real estate, having picked up from S50,-
900 to SIS 900 profit within period Of about
one year. He has had good success with
Mission property. Mr.. Samuels attributes
his success to his luck in securing prop
erty not boosted out Of sight BY the
spectators and then finding. as he puts
IL. soma one who wanted IL me- than
he did
Among those who have had the ad-
vantage of big capital of their own for
backing are the Rosenfelds, who are ae-
credited with 100000 profit IN the past
year. Their investments have been made
principally in the business section They
have been fortunate in south Of Market
street transactions. as for instance. two
lots. one on the southeast corner OF Bry-
ant street. bought for s225.OOO they sold
within the year for S250.000. and one, the
northeast corner OF Fourth and Natoma
streets, bought for Sl1250O. they sold
within thirty days for S1S0,000.
Abraham Ruef has made about S250000
in real estate. one property Of his,
the Commercial Hotel being alone
valued at $780, 900 more than he paid for IT,
An operator who would forever throw
discredit upon the Osler theory is VIII
liam Wolff, who is over eighty years OF
age and is said TO have made from $780,
600 TO 100000. Mr.. WOlR owns one piec5
of property on Sixth and Howard streets
(which is valued unimproved at a quarter
of a million dollars. The building at pres
ent on the property was moved there from
the White House corner to make room
for that structure.
Nose Gunst is another gentleman who
IS said to have made at least 100000 IN
real estate within the past few years.
The Watsons transactions in real es-
tate are said TO have netted them about
s30O.0 They cOnhne their attention at
present to park lots exclusively.
T. H Goodman is another lucky
individual who within a period OF six
months is said to have made $4,000.
Isadore Schwartz is numbered among
the fortunate spectators with prohr
of 800 900 to his credit.
Among the companies who have made
real estate operation their interest may
be mentioned the Central Realty Com
pany, which has cleared S25OO0O In two
years and a half or one OF their hold
ings alone. the Nathan-Dohrmann prop
erty. they have refused S150OO0 profit on
their investment Mr. Aronson Is one OF
the principal members OF this company
The Market Street Realty Company,
which bought the Mackay corner on
Fourth and Market streets, and OF which
the Gerstles and Mr.. Lilienthal OF the
AngIO-C Californian Bank are members,
paid for the corner 81, ,250,00O. They sold
seventy-five feet OF the inside portion for
$60O0OO. For the 100 feet on the corner
they got 81 go. 600, thus making clear
$6O00O0 profit without putting up any I'M
provemeDts-
Morton Cook Is noted as one OF the suo-
cessful operators. having made about
s150.0OO In two years and half In south
Of Market street property.
Mrs Lille Holman has made about S3o,-
900 inside Of a year speculating IN MIS-
sion and south of Market street property.
As an example of the rate at which
49,, wrr4<1 h..
past few years. the Blythe estate, con-
troIIed by the Bankers Realty Company.
NAV be mentioned, which in four years
time increased in value about S2,2O,00O.
The Crocker estate, which has made
speciality Of buying fine properties and
retaining them as investments is said to
have increased in value from N.O0O,000
at the time OF Colonel Crocker's death,
TO s12. 600 at the present time.
Mr.. de Young is another gentleman
who makes a speciality of buying fine
properties which are not for sale. It Is
estimated that Mr.. de YOungS proper
ties have increased In value about
$500. 900 since the Spanish-American
war.
The James Flood property on Market
ard Powell streets Is another investment
which shows a remarkable percentages OF
increase in value. Mr.. Flood, who has
a particular fancy for desirable corners,
paid 81 10000 for the realty and from 81
OOO0OO to S250OO0O for the Improvement.
The land alone is today worth $3,000.000.
Another of Mr.. Floods many posses
sions is the Nevada block. also enormous
ly valuable.
One OF the shrewdest judges oe
real estate in this city was the elder
Thomas Magee, but 1t remained for his
sons to make the family fortune. They
are said TO be positively fearless in back
ing their Judgment and that it is good
Is evidenced by the fact that they are ac-
credited with having made half million
at the very least in the past three years
Among those way up in the m1lIOnaire
class who have made their money in real
estate is Marion Leventritt. who for
the past fifteen years has been speculat-
ing in property in this city. Mr. Leven-
tritt's speciality has been buying small
properties on main thoroughfares and
consolidating them and then holding them
until he saw big chance for a profitable
sale.
Another Of the real estate millionaires
is Charles r. Bishop vice president OF
the California Bank. Mr.. Bishop made
his first great real estate success in Hon
olulu. Coming from there to California
he invested heavily in San Joaquin Valley
property, which proved equally profitable
From there he came to this city, where
he has continued his operations and ac-
quired many very valuable pieces OF real
estate.
Another millionaire who has made ths
most OF his large fortune in real estate.
is William Mitchell Bunker. at one
time enc Of the owners OF the Daily Re-
port Mr. Bunker always had the utmost
faith in San Francisco real estate. He
bought largely in the extreme Western
Addition He started first with lots and
subsequently bought blocks in that To-
caIity which have since become extremely
valuable.
The GerstIes, many times millionaires.
have been large investors IN real estate
here Their purchases have been gener-
ally north OF Market street and IN the
business section
l. w. Hel1man. the noted banker, Is an
other millionaire who owes most OF his
prosperity to real estate For many years
Mr.. HeIlman was the adviser OF the Ro-
man Catholic Bishop IN the southern end
OF the State when the church owned
much property there. which property has
since increased TO twenty o. thirty times
its then value. Mr.. Hellman made Ai9