The San Francisco call., 1906-11-26

for the erection of new buildings, total
ing in value $250,00O, have been issued
by the building Inspector, among them
being permits for a three-story store
and office building valued at $4,000,
three-story hospital building to cost
$4,000 and a two-story warehouse to
cost $4,000.
Two of the largest sales of real es-
tate of the present year were recorded
last week, the first being the sale OF
the Blake & Moffitt property, on Broad
way. between Ninth and Tenth streets,
to w. l. Reed, a pioneer lumberman
and capitalist of this city, for $350.0O0.
Within the coming twelve months
ten-story business and office building of
reinforced concrete will be erected on
the Tenth street corner of the prop
erty, (which will be occupied by one or
the Mrgest department stores of the
city.
ANOTHER BIG DEAL
The other deal was the sale of the
Hotel Touraine property. at Fourteenth
and Clay streets. to H. c. Capwell, pro-
prietor of the Lace House, the price
paid for the property being 100000.
The property has frontage of $50 feet
on Fourteenth street by 1888 feet on
Clay street Only a few weeks ago
Mr.. Capwell purchased the property on
| Clay street situated north of the Tou-
street, which has the same frontage
on Clay street as the hotel property by
100 feet on Fifteenth street. For this
property Mr.. Capwell paid $1,000
Another. important deal which has
been closed in the last week was the
purchase of the property now occupied
by the German Methodist Church, on
Seventeenth street, east Of San Pablo
avenue. by Deputy City Treasurer Rich
ard Aver. The price paid for the prop
erty, which has frontage of 70 feet
and is 108 feet in depth, was nearly
$4,000, and it is the intention of the
purchaser to at once remove the church
building from the lot and erect In Its
place modern business structure.
Work of construction on another
hotel, which is to be erected on the
south side of Twenty-second street.
east of Grove, which is being erected
by the California Properties, Limited.
of which Louis Bartlett is president,
! is already under way, and the building
will be rushed to completion as rapidly
as possible. The new structure is to
be three stories in height and will con-
tain seventy-one rooms. The founda-
tions are to be of reinforced concrete
and the lower story will be constructed
of clinker brick. while the two upper
stories will be faced with buff-colored
plaster and copper tiling. The cost of
the new hotel will be about $4,000.
Local real estate dealers report all
| the business they can handle, with
| indication of a decrease in the activity
of the market during the coming win
| ter months. A j. Snyder, one of the
| oldest real estate dealers of Alameda
County, said today regarding conditions
in the local market:
The activity of the market in the
| line of business properties seems to
have increased rather than diminished.
| My ten statesmen this week have been
| more busily employed in that line than
during any previous week. While
! have made several sales this week
ranging from $4,000 to $4,000, the
actual transfers not yet having been
recorded, l prefer nor to give all the
| details. The following are few of my
| late sales:
| THE southwest corner of Fourteenth
and Jefferson streets was sold to R.
Smith for H. o. Childs at price only
recent developments made possible.
Two local merchants purchased the
! 81 feet adjoining the above In the rear
on Fourteenth street at $4,000.
III. Eppinger Jr. became the owner
of 40 feet on Jefferson street. south of
Fourteenth, at a price approximating
I $780, 900.
DR. Martin purchased the piece on
Eighth street, east of Clay, through
! this office for $12,5o0.
THE sale of homes and residence
lots has continued equally active, as the
| following list will show:
ITO w. f. Skidmore for S. C. Beam
/ hard, lot on Thirty street, west
of West, for $1,000, on which new owner
will build at once
/ ITO George F. Rice of Chico, lot. 75x
/ 40 feet, on Seventeenth avenue and
East Ninetieth street. for $4,000, where
| the buyer will erect home and bring
| his family from the northern city.
ITO Mrs. Really, residence on Myrtle
street, near Tenth. for $4,000.
ITO J. T. Hinch. two houses on Tele-
graph avenue, near Fortysecond street
with frontage of SO feet, for E. L. Sar-
gent, who only recently purchased the
property through this Office.
For ]. A. McKinnon to S. H Sluss,
64 feet on Grove street, south of Thirty
ninth, for $3.50.
For Mrs. e. Devine to J. Hemenian
house and lot on Opal street, near Thir-
ty-eighth, for $1,000
"To c. H. Lewis for J. T. Newsom.
| lot on Fiftyseventh street. 40x100 feet
for $1,000.
For R. N. Burgess to R. H. Hender-
! son Jr., house and lot on Forty fifth
street, and for same owner to r. H
Henderson Sr., two lots on Forty-fourtn
| street.
ITO ]. F. Kennedy for E. ]. Sutton.
property at Fourteenth and Poplar
streets, for $S250."
ROLLING FOOTHILL LAND
Mr. Snyder added: 'T have just pur-
chased twenty-one acres of rolling land
! lying in the foothills adjoining Linda
! Vista Terrace on the east.
"This I have plated into large, deep
lots to avoid any crowding of homes,
with winding streets and terraced side
walks, affording beautiful view of
the Piedmont hills and Lake Merritt
Like all tracts which l have hereto
fore placed on the market, Piedmont
/ Terrace-by the-Lake. is to have only
4 the best of street work and sidewalks,
and the building restrictions insure its
being choice place for home. It's
close proximity to the city, being only
| one and a half miles from the City
Hall, and with double line of car SER
vice, Oakland cars on the west
and Grand-avenue cars on the south,
make it most especially desirable for
homes for Oakland residents. while the
projection of the Key Route service,
which will pass closly. makes 1t equal
ly desirable for San Francisco business
people. The tract contains upward OF