The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1890-08-24
REAL ESTATE
MARKET.
That Portion of the San Miguel
Ranch0-Lakeview.
The neutrality-suspicious. Company Sole
Agents-Future Auction Sale by G. h.
Umbseu & Co.-Notes-Contracts.

Since the first day the tract now well
known as Lakeview, located on the Ocean
boulevard leading from Mission street to
Lake MERGED, was placed upon the market,
there has been a phenomenal demand for
the property When the judiciouS manner
in which it has been presented to the
investor and home-seeker is considered,
this is not surprising. a rd's-eye view Of
the tract ocean and surrounding country
has been feature of the advertising plan
adopted by the experienced operators,
which enables those who have not the time
at their disposal TO visit it to judge as TO its
fine location and real merits.
There are few interesting points con-
nected with the sale of this tract to which
the home-seeker's attention is directed.
The owner, Adolph Sutro, has resolved
to spare no expense in grading the entire
mileage of stTeets-about eight miles-and
in planting the lines Of every avenue with
The best quality OF shade trees, free of eX-
pense to purchasers.
Another material consideration to the
buyer is the fact that the natural situation
Of every lot in the tract is in perfect har-
mOny with the established grade, thus saw
ing the expense usual in the majority OF
cases, Of moving ground and preparing the
property for building purposes.
Large and small buyers have been in
Vesting in it, and, Judging from The sales
already etlected-abOut 1900 iOts-there has
been a keen demand for the offerings.
For years past the entire tract has been
utilized in producing potatoes and corn Of
the best quality. so that the soil is in high
state Of cultivation. This alone would be
OF considerable value to people OF ordinary
means.
1t is convenient to the center OF the city
ana can be reached in thirty minutes from
Kearny and Market streets by the Valencia
street cabie-cars. The sole agents for the
sale Of the tract is the CarnalLF'itzhugh-
Hopkins Company.
G. II. UNBsEN & co.
This firm Will sell atauction at their sales
room on September 4th, by order of the
Hibernia Bank, the following prop
critics: Twelve choice building lots
located on Folsom street and Treat
avenue, near Eighteenth street; also lot
on Duncan street, near Sanchez; Minna-
street property, near Fourteenth; lot on
Seventh avenue. near Point LObOs; lot in
South San Francisco corner of Tenth ave-
nue. and X street: Iwentieth-Street flats,
near Guerrero; improved property on Mis-
sion street, near Twenty-tiith; SIX building
lots on Twentieth street, near Valencia;
lot on Cook street, near GraTy; also lot on
Steiner street, near McAlliSteT, and corner
Fourth and Clementina streets, business
property.
NOTES.
1t is somewhat remarkable that not any
two of the large estates, which in the past
few years have found their way into the
auctiUn-room, have gone to the same house
Tie DOnahue estate went TO one firm, the
johnson TO another, and now ' on KLEIN x
Co. have been instructed to conduct the
sale Of large one, the particulars of which
are not quite ready for the public, but will
be shortly.