The San Francisco call., 1910-03-12
.FORECASTSSUNSET'S
| RAPID DEVtLOPM
Realty Dealer Believes Property
in District VIII Increase
in Value
By E. L. HOAG

Since the great fire certain sections
of the city have developed rapidly. To
those who are dealing in realty it is al
ways interesting and profitable to fig
ure on where the next movement will
take place.
In my opinion we may all look for
very decided increase in values and
great activity in building in the Sun
set district and especially that portion
which fronts on Golden Gate park
beyond Nineteenth avenue
A few years ago the property from
running back from the park was only
sparsely settled. Since the fire. how
ever, there has been great change in
this section.
The bituminizing of IL street was
the start in the development. Running
back from H street many streets have
been bituninized and sidewalks laid
and improved with a fine character of
buildings. The grading of H street
from Nineteenth avenue out to the
beach was completed East month. The
city has made an appropriation to do
the street work along the park.
My reasons for believing that the
property will develop rapidly are in
short as follows:
In the first place the property is ex-
ceptionally well located and faces the
park which, with all of it's attractions,
will induce people to buy and build
homes In all large cities of the world
property adjacent to parks is valuable
for residence purposes. No city has a
better park than our own Golden Gate
park. 1t affords a splendid breathing
place for all, and especially for those
families with children.
In the second place a fine car service
is now in operation along II street,
which brings the property within 25
minutes from the center of town.
In the third place the land is very
reasonable in price. Prices range from
$50 foot upward. which is cheap COM
pared not only with other land in the
city, but even with property across the
bay.
Another very important attraction
will be the magnificent views obtain
able from a very large portion of this
district.
The only reason that the property has
not been heretofore settled is for the
lack of those conveniences which are
necessary for the comfort of home
builders. The change is now about to
take place.
AS have already stated. II street has
been graded and sewers are now being
laid along it's entire length. This main
sewer will be the outlet for the prop
erty in back.
The firm of Lyon e Hoag has, within
the last few months. become interested
in the development Of 200 lots between
Thirty-third and Thirty-sixth avenues
and the block between Forty-second
and Forty-third avenues On these
four blocks of land grading operations
are now in progress and the firm will
probably be able to place these lots on
the market within rae next 80 days.
The intention is not only to grade the
property and the streets, but TO lay
sewer. stone walks, etc. These lots
will be sold on very easy terms.
The firm anticipates a ready sale for
the land as soon as it is offered not
only TO those building homes but to
those who believe that the Panama ex-
position will be in Golden Gate park.
Many have already called at our of
flee for prices with the idea Of buying
a lot that would, in any event, be a
safe investment with an exceptionally
large profit If the fair is located in the
park.