The San Francisco call., 1907-02-09
Prosperity of the
Owners Reflected
by High Values

Park tract. Duboce avenue lots are
being sold rapidly
There has been a more active de-
mand lately for lots on Sutter Post
Geary, O'Farrel and Ellis streets east
OF Mason, and this has he4ped TO make
prices more firm Arguments advanced
70 some Of the owners that they are
asking more for their property now
they did before the fire seems TO
Make them all the more resolved not
10 abate a cent of their own valuation.
A real estate man in discussing this
phase OF the market observed:
t-ss most inexplicable. Sometimes am in
cllned TO think it is caused by the absentee
derstanding the situation here For instance.
We cabled man who lives IN Paris offer
nao asked before the disaster and was con-
siQerably more than SIO0. coo. We were
neent he would accept. and SO told our client.
that he wanted S25 600 more and would not
take cent less The would-be purchasers re-
Iusee 10 b9y al tie advanced amount This IS
not the only instance where prospective sale
has been stopped by the high price fet by an
owner tor the past month negotiations have
been pending for tie lease of d lot Market
street which before the IRE hsd hEe-story
building which brought in rental OF $500
month The man who wants 20 lease the prem
ises desires TO erect th.ee-story building and
would pay a rental of $1,000 month His
offer. however. has been refused This does
not seem reasonable. especially as he is willing
20 take-a long lease
MANY LARGE SALES
The past month showed no diminu-
tion in the number and value Of real
estate transfers According to the
Real Estate Circular published by
Thomas Magee & Sons there We're S34
sales during January representing
total in purchase prices of S4,230,O9o-
This total was the largest for any
month since the April fire, with the ex-
ception of November, when the total
g inn inc he lar
says:
o The largest sale recorced during the month
that Of the southeast corner of Market aud
New Montgomery streets. - feet on Market by
Sharon estate TO the Equitable Securities Com
pany at the price of s425. 600. The other sales
q " Dortance recorded were as follows:
Bast side Of Montgomery street, 1876 feet
north of California. 96:11 front by irregular
depth OF $50, sold for sl9l00o; the southeast
Ninth 50xI65 sls5. eco; the northeast corner Of
North Point and Jones streets. 215N2f5. sold IN
Ger condemnation proceedings ana on ne ap-
praisenent Of a board OF arbitration TO the
Southern Pacific Company for $4,000: the
southwest corner, Of Fillmore anG 0Farrell
streets, G2.6xsT &C. with improvements. $4,000;
the east SIDE Of Montgomery street. lbs feet
north of California p .6x6S- 9. $4,000: the ad-
joining lot the east side Of Montgomery
street. 1853 feet north of California. 27:Gx6S-9,
SO. GOO: the north side Of Broadway. so feet
west Of Larkin street. $50 feet front by 275
feet deep 10 Vallejo street. with u 42:9x49:6,
SO 600. the northwest side Of Mission street.
1910 northeast Of Beale, ass front by 1876
deep. S3s.50o; the south side of Golden Gate
avenue, l3T.6 feet west Of Steiner street. 2i5x
1876. $4,000; the north side Of Post street.
ia. west Of 0ctavia. 5l:s front by l2o. deep.
SIS. 600: the north side or Sutter street. 27:6
feet east Of Pierce, 55x100, $4,000
The totals in the various sections of the city,
as shown by the above table indicate that tie
Ti1e Western ssI7ftieu Leading with 81 SIS
and the 50 and 1t4 vara sections closely follow
ing with 1913. I'D aud s9l0.l50. respectively.
Building operations recorded in the month of
Trr- on = "a
brick. 50. .S59, ,3s5; alterations. sI23.27s. total
s.. .225.2e4.
MORTGAGES RECORDED
The number Of mortgages recorded for the
s5.s4s.4Is. The largest amount for the month
loaned by private individuals (which in
clude ~ loans made by private individuals or
institutions other than savings banks. trust
companies and building and loan assOcia tionsl,
and amounted 10 Sl,fS3. fs2 on 290 mortgages
The Hibernia Bank loaned Sl,T50,351 on 100
mortgages. The German Bank loaned $366. $50
on SO mortgages The San Francisco Savings
Union loaned S6I4. .693 on I9 mortgages.
3 N The largest loan of tie month was for
$500 600. loaned By the San Jose Safe Deposit
RaA Il Savings 10 the heirs OF the Boyd estate
or y pieces Of business property in this city.
otter large loans were from the Hiberna Bank
70 Rebecca Head for 100000 properties on
Market street and on Grant avenue; the Sharon
estate took a mortgage for 100000 as part
par ment the sale of their property at the
corner OF Market and New Montgomery streets;
the San Francisco Savings Union loaned $210, 600
70 Oscar T. Luning RE corner of Kearny
street and Union Square avenue and on Mont
gomery avenue property
REBUILDING DISTRICT
The district east Of Hyde street and
from Clay to California has taken a
new lease Of life. Many improvements
were made during the past month
along LeaVenworth street north of
California, as far out as Clay. A row
Of houses are being built there and a
settlement is being formed which will
serted appearance. A church is going
up on the W. u. Crocker lot and Cali
fornia street promises to again be
largely inhabited in the near future
The houses being built north of Cali
fornia street are substantial structures
and a better class Of apartment houses
also viii be built in the streets named.
North Beach is going ahead steadily
and many contracts have been made
for the building of flats there. Mont
fgomery avenue also is increasing in
popularity J. B. Magendie has had
plans drawn for q three-story building
on the northeast corner of the avenue
and Jackson street. 1t is to cost $4,000.
WILL ERECT BUILDING
A contract has been let by Baldwin
& Howell, the agents for John G. Agar
and Agnes n Agar. trustees of the es-
tate of Joseph Macdonough, to Selfridge
& Sypher which calls for the cOnstruc-
tion OF a two-stOry and basement re-
'inforced concrete building covering the
lot 75xIS7:6 feet at the northeasterly
icoraer of Howard street and Howard
court. between Fourth and Fifth
"a reets. The structure which is to be
- ed the Cluett building. has been
leased for ten years TO Cluett, Pea
body & Co. and viii be occupied ex-
.clr5sfvelv by this firm. Tns building
when completed viii present an appli-
cation of Ferro-concrete construction
10 the simple grandeur of classic pro-
nortion. The color scheme Of the ex-
terror Will be white and green
beating and ventilating system will
ba installed. The interior decoration
'of the Offices Of the company win be
Of mahogany and bronze. Work viii
l,e commenced within a few days and
tt is anticipated that the building will
80 snished by about August l.
FIRMS SALES REPORTED
oscar Heyman & Bro. report the fol-
lowing sales:
r..,as T-aner lot on corner of University
- Ssliiman streets 40xs0 feet
LANES W. Finn, lot on east line OF Thirty,