The San Francisco call., 1909-09-18
MILLIONS RECEIVED
FOR CITY REALTY
Largest Transactions Are in
Outside Lands and
Homesteads
Gaps in Downtown Section Be
ing Filled Rapidly and Large
Leases Are Made

At the close of the first two thirds
of the present year the district OF
San .Francisco that led in number Of
sales. although not in the value rep
resented by the total number of trans
actions for the period mentioned. was
The outside lands and homesteads
avhieh ke in particularly the Rich
,sous and Sunset sections. The sales
sn number of each Of the sections re-
corded up to the beginning of the
Nresent month were as follows, accord
sng to the best obtainable data: Out
side lands and homesteads, l,S12; MIS-
sion. I.4Il; Western addition. S5s; Po-
irero and South San Francisco, So6;
Zoo varas, l65: so varas. $50. The rec
ord in values represented in each dis
srict at the end of the first two-thirds
Of the year makes an interesting show
ing in connection with the other facts
1ercin supplied.
In TO the beginning Of September
THY values represented by actual sales
~ the outside lands and homesteads
were in total 81, ,009. .961; Mission dis
1rict ss.245. .S34: Potrero and South San
Francisco. Sl.O04.35 100 varas, S2.026,-
OIL: so varas. S5,7So,529; Western ad-
ciition. s5.0S9.6T1.
BIG RECORD OF SALES
The total sales for two-thirds OF the
year have been 5,433 in number and
S2O.4Sl.663 in amount. Possibly the
data viii afford general information
Tor the student of the realty market,
showing the drift of inquiry in regard
-.F f~7r~ ctr ant
that have been favored during the
grea ter part of the present year. The
third quarter Of the year may dis
close some variation in the conditions
but there is not any radical reason that
has developed in recent transactions
70 expect a wide departure immedi-
ately.
The general activity of any section
IS reasonably well Indicated by the
number OF realty sales taking place
within its boundaries. Naturally there
are fewer sales in the higher class
properties in the SO varas and the 100
1sras than in the sections where there
are more residential properties and
business properties used in retailing
10 greater or less amounts. To enable
inQuirers TO comprehend more clearly
the boundaries of the several districts
il may be said that the 100 vara sec
tion lies in that part of the city that is
south of Market street and east of
Ninth street and in the heart of what
has been known as the burned district
The so vara section lies north OF Mar
ket street and east of Larkin street
sUBTREAsURY SITE
The event OF leading general interest
relating to city realty in the last week
was the placing on record of the deeds
by which Mrs. Virginia Vanderbilt
fr- 10
States government the southwest cor
ner OF Sansonle and Pine streets and an
abutting alley on Pine street for the
uses Of a splendid structure that the
federal authorities will erect-the
United States subtreasury. Plans have
been dra wn for the structure. When the
postoffice was moved off the old Gus
tom house site at Washington and
Battery streets to the new and hand
some building al Seventh and Mis-
sion streets. carrying with il the fed
eral courts, the character of the dowrT-
town neighborhoOd was changed for
time. The new custom house and the
new subtreasury building, being within
few blocks Of one another, will not
only be useful to businessmen by rea-
son Of their locations but will also
add value TO the section in which they
will stand. being both first class and
elaborate and at the same time i'm
menSelN useful
FILLING Up GAPS
While people wonder what viii be
the final conditions of certain large
business lots down town that have not
been improved up TO date, the most
casual observer can not fail to notice
that In all business sections the gaps
are steadily filing up. In the last
fortnight the large holding on the
southeast corner of Sutter and Kearny
streets has been put on the market.
This is in size 1926 by 97:6 feet. If
1t Is not sold it may be leased. For
merly several stores stood on this hold
ing. but no effort has been made to
Improve il since the fire. Directly op-
posite the vacant land are the large
buildings Of two music houses. The
general neighborhood has been solidly
and spisndidly built up For this and
other reasons much interest win at
zach 10 the fate of the vacant holding,
q whole or in subdivisions. The
character OF Kearny street has been
well settled by the class of inn
pr0vements by which it is now adorned
that there is little doubt that fine
structures viii round out the Kearny
street blocks between Market and Snt-
1At
MOB IifLL IMPROVEMENT