The morning call., 1890-09-10
REAL ESTATE.
Sale of Single Lots in the New
Addition Opens To-Day.

A rare opportunity is now offered to
small investors, and to those who would Sc
cure desirable home site, to purchase sim
gle lots in Adolph Sutro's new subdivision
of the San Miguel Rancho at private sale,
which opens to-day at the Office OF the
Carnall- Fitzhugh-Hopkins Company. The
tract is situated south Of the park, and can
be reached in thirty minutes from kearny
and Market streets, seventeen minutes from
Third-street depot, and seven minutes from
Valencia street. 1t is location that is sure to
increase in value and become popular as
residence resort. The land is in the highest
state of cultivation, having been utilized for
years in producing corn, potatoes and beans.
The phenomenal success which has at
tended the sale of the subdivision now SO
well known by the name Of Lakeview may
be attributed to two important factors.
First, it is the best outside piece of property
which Adolph Sutro owned. Second. his
own agent, the Carnall- EiiZhugh- Hopkins
Company, than which it would be difficult to
find in this city to-day more enterprlslng
and capable firm, has shown not only
skill but practical ability in placing the
subdivision plainly and inteligently before
the public. The result is as might be ex-
pected, fraught with success, as is shown by
the class of buyers who have taken advan-
tage of good Offering when it was pre-
scented TO them.
The proposition from the beginning has
been tangible one Before the Carnall-
FitZhugh- Hopkins Company had completed
the subdivision applications for blocks came
in with onishing rapidity, and until that
demand was satisfied In part at least, the
sale of single lots was postponed until now.
1t is lust the location the man of moderate
means is looking for. He can secure a lot
there at price pr0portinnate to his in
come, and as to location. SO far as
climate and view are concerned, 1t has no
superior, even in the most fashionable resi-
dence districts. The best evidence Of the
true worth of this property is to be seen In
the list of men who have already invested
largely there. Among the purchasers are
the following well known persons: Behrend
Joost Fred c. Siebe. F. A. Lux, Henry Cell
fuss, Major B. McKinne, Rudolph Mohr,
the Golden State Company, DR.. Charles L.
Blake, j. Hersey, H. K Belden, G. NJ. StolD,
II. G. Davis and J. 2. McCarty, William II.
Young, Captain John Foley, Messrs. Jack
son and Hurlburt, w Parrish Pearsall, 9.
F. Morel Jr., G. Ii. Smith, j.: T; Ellis,
Judge James g. Mcguire. Miss I. Popp, A.
Z. Watson, a. l.. Poole, Raymond Perry,
Lawson & Webster. F. Boegle. r. III. Gil
bert, W. 5. Webster, Samuel Johnstone.
AdoIph Sutro has instructed the firm to
grade all the streets eight miles, also to
plant shade trees along the lines Of the ave-
nues free of expense to purchasers, and the
work is now under way. The lots are in
harmony with the established grade, which
is consideration not to be overlooked by
the intending purchaser. as the expense OF
preparing them for building purposes is usu-
ally very large.
Since the time the land was put upon the
market about four weeks ago. no less than
1861 lots have been disposed of in blocks,
leaving about four hundred and fifty lots
which will now be offered as above, on easy
terms of payment. The men who have al
ready invested in it are shrewd business
men, which is the best evidence of the value
of the land and the position which it must
ultimately occupy as a residence locality.