The San Francisco call., 1910-01-22
SHREWD INVESTORS
MAY MAKE MONEY
Valuable Corners Wait improve
ment and Promise Large
Returns on Capital s

In the opinion of the real estate
men large sums of money Will be
made and some of the largest invest
ments in realty that have ever taken
place in San Francisco will result from
the unusual conditions obtaining in
that part of the city which lies be-
tween Third street on the west, the
water front on the east and Market
and Folsom streets on the northern
and southern boundaries.
The University of California has in
that section a large holding which is
offered for lease. Some of the larger
estates of San Francisco including the
Sharons'. have great unoccupied cor
ners, which also are offered for lease.
Many capitalists who have the means
to erect large structures for CONNER
eial or manufacturing purposes are
only awaiting the action of various
persons to begin construction of very
costly sort.
AS the situation stands now the
anomaly is seen of the east and west
streets. Market street. Mission street
and Howard street, especially these
three, being built up very fast and very
expensively, while the cross streets.
running at right angles, practically are
neglected. a tour of this district
which is one of the most important in
San Francisco, gives the impression
that very little property there is of
fered for sale. but that the owners
have determined that their policy, at
least for the present, shall be to get
tenants on long term leases at a re-
ment that the owners will improve to
suit tenants.
GOOD TENANTS WANTED
The regents of the University of
California have taken this course. The
Sharons have announced, through their
agents, A. ]. Rich & Co.. that they are
ready and willing to erect any i'm
provements that may be required by
tenants on their important holding in
New Montgomery street between Mar
ket and Howard.
Two corners of New Montgomery
street bear evidence of the enterpris--
ing spirit that has actuated the owners
of the realty. One of these is the
Palace hotel, which represents an in
vestment, including the realty, OF more
than sS.OOO,OOO.
on the opposite corner there is a
lofty bank building of class A con-
struction Farther down the street q
telephone building has been erected
and occupies the frontage of an entire
block Beyond this and close to How
ard street there are very large vacant
holdings which the owners will i'm
prove as soon as they are in demand
by the right sort of tenant
IMPROVEMENTS HIGH CLASS
The improvements that have been
placed in all the streets west of East
street are with few exceptions of a
high class. East street fronts the wa
ter with some good brick buildings,
but also with a collection of structures
which defaces the general appearance
OF the city Market. Mission and How
ard streets, parallel and about equally
level are the great thOroughfares on
that side of the city for commercial
uses. near the largest collection of
general facilities existing or in prep
aration The streets that cross them
at right angles possess the same adj
vantages of neighborhood that belong
to the three streets mentioned Their
destiny is undoubtedly TO partake of
the great benefits that will accrue from
the extension of commerce in this port.
Undoubtedly this may account for
the abundance of ito lease" signs and
the almost entire absence of signs in
dicating that the owners intend to sell
There are a dozen large corners and
streets that intersect Mission and
Howard streets. north of Folsom. each
of which is capable of accommodating
large buildings. such as furnish an eX-
ample in Mission street. where two
structures occupy the entire frontage
of a block
FORTUNES IN SIGHT
At one corner of Mission street and
an intersecting street a comparatively
Iuxuriant growth of willow trees has
taken root among the foundations of
structures that were destroyed by the
fire of 1906 and the trees, now 10 feet
or so high. are budding with the in
fiuence of the spring and accentuating
the ease with which city realty may
return TO a condition of nature. ON
the opposite corner of the north and
south streets there is pond on which
the boys of the neighborhood navigate
their RATS