The San Francisco call., 1907-03-16

have taken a fresh lease of life. for
there IS considerable construction ac-
ltivity east Of Polk There is also a
good deal OF building being done on
the parallel streets to the north.
large new apartment house is to be
Opened on Sacramento street, near
Hyde. by the first OF october.
An idea Of the number Of hotels and
apartment houses that viii be opened
in this section can be gained by an
inspection of California street from
Polk 10 Hyde. There is hotel which
viii shortly be ready for business at
1.-THE northwest corner Of California and
Polk streets. Then a little way UP the
street is a new apartment-house which
IS already occupied. On the southeast
corner Of California and LarlNin a
large private hotel is being FASTENED
ito completion, and then in the middle
IOf the block on the north side Of Cali
.fOrnia IS another new boarding house.
RENTS WILL COME DOWN
Ellis and Eddy OF the southern
.streets promises to be good hotel and
iapartment-house thorOughfares. A
hotel on Ellis street will be opened in
1.-THE course Of a few weeks, while an
lother hotel in the same block and on
1.-THE same side of the stret has big
a
rapidly as possible. All Ilese new
hotels and lOdging-hOuses viii bring
down rents. The men engaged in the
hotel business say they viii have no
difficulty in filing their houses.
The demand for suburban property
IS active and not confined solely to
small lots in the outside districts, but
includes san Mateo and Marin coun-
ties. Real estate men say that the
desire to live out Of town all the year
irOund is gaining ground and that II
has been brought about through the
high rents asked in the city. The big
'gest growth is in San Mateo County
Lyon & Hoag, in speaking about this
phase Of the real estate situation, said;
I'VE have sold in Burlingame 100
lots since the fire at a total valuation
.oE-S6OO. 600. There have been lI5 houses
built at Burlingame since June and
some Of these houses are quite pre-
'rantfous structures. ". II. CrOcker is
.lSIilding a 100000 house, so II can be
seen that Burlingame is attractive to
the millionaire, as well as TO the hum
bier citizen. There viii be great
boom in the peninsula and il win come
within few years The fact that the
Southern Pacific is going TO build up
Kisitacion Valley has created quite
stir in that vicinity. There viii be a
well-equipped town there shortly.
Francisco has grown, and the growth
IS simply an earnest Of what will fol-
low in other parts Of the peninsula
Shortening OF the train time between
san MateO and the city by means OF
the cutoff has helped activity greatly,
and this part OF san MateO County VIII
he thiclzly settled Here is an example
of what has been done there lately:
some three years ago there We're not
twelve houses at Burlingame, and now
there are close to $50. Where our OF
lice stands opposite the station. the
LOT four years ago was worth $3.50 Ii
was sold for $4,000 not long ago and
could be sold now for $4,000. The de-
nand for home lots is not confined TO
san Mateo County alone. We disposed
of $50 lots in Marin County for SS0,eo0
sn the Tamalpais Park Tract 1t all
means that people are determined to
have their own homes and be inde-
pendent Of the city landlord II means
also that we shall have a larger per
centage Of a homecoming population
than any city OF the same size"
FOURTH AND MONTGOMERY
OF the downtown streets Fourth and
Montgomery show great activity There
r. good deal Of construction being
i5one an Fourth street and with the
openfng Of the car line an impetus has
been given to building. Montgomery
Street however. takes the lead in the
way Of improvements. The UndeIhill
estate is putting up a siX-story build
ing and so is the Schmiedell estate
while the Bank Of italy win have an
.eieht-story- building A four-story
structure is 10 be erected on what was
known as the PiersOn property, the
lClunie estate has commenced eXcavat-
tng for an eight-story building on the
lsouthwest corner Of Montgomery and
lCalifornia streets, McCreary will house
the Western Union Company IN four
STORY structure on this street, the Mills
a,ufldtng Is being rehabilitated and a
tbree-story building will be put up
on the Russ House site, while on the
Lick site there viii be a mammoth
Office building
The members OF the Real Estate
Board are in favor OF amending the
present building law in order to admit
Il greater height in class A buildings
(which are now restricted TO one and
Ii half the width Of the street they
face. They allege that this law works
s great hardship upon the owners Of
lproperty on narrow streets, as by
limiting the height OF class A build
bngs they cannot get a proper interest
ION the investment. They will make
earnest efforts to have the law changed
REPORT MANY SALES
The following sales have been made
recently by Lyon & Hoag:
Two acres OF ground at Bakers Beach. head
~ Tsventy-sixth avenue. the north boundary OF
4his land fronts the Pacific Ocean; price 10000.
hot northwest corner Fulton street and Parkside
avenue 80 .6xlOO; price 5000. Southwest corner
~ McAllisuer street and Parkside avenue. 25x95:
price $500. william and Hattie Mckee 70 W.
u Sfereft. lot and improvements, 1923 Geary
street sOufherly line. Sc feet west Of Buchanan,
26.6z95; price S10.500. Mrs. n. Murphy 70 II
~ Warwick. lot Third avenue. west line, 10
feet north OF street, 25xl20. price $1,000.
Margaret McNally 10 NJ. A. Mclaughlin. lot on
r'vvcnty-seVeDth avenue. east line. 125 feet north
Of A street, 70xl2O; price $500. To Stanton
10 Rrien Company, lot Twentieth avenue. 275
feet north OF Clement street 25xI20: price S11O0.
hferion \. Fraser 20 j. J. Pratt lot on Point
Iobos avenue. 81 g feet east OF Twenty eighth. :.
$50 City Realty Company 10 ". III. Parsons,
1ot on Fifth avenue, east line. 100 feet south Of
parnaesus 25xf20: price $3.50. City Realty
COMPANY to Harry Perrin. lot on ] street, north
line a5 feet west Of Second avenue 25xII0;
rrice $500. John willis 10 NJ. Fisher Com
nanv lot on southeast corner OF Broadway and
zones street. 47xsO; price $4,000. To Miss G..
1rlores LOT on Texas street, west line. l25 feet
norfh OF Nineteenth, 25x1OO. price SI1O0. City
Realty Company 10 W. A. Green. lot on First
.venne west line, 110 feet south OF hugo street,
25xf2O. price S2500. City Realty Company 70
II and j. Heilmann, lot on Hugo street, south
line o5 feet west Of Second avenue. BOx110;
Q<ono To T.qllnuvffz on Third ave-