Calque from German "Altes Haus". Used to say hello to an old friend, whom one hasn't seen in a long time.
"Mike, old house! Long time no see!"
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Veteran franciscans know one of the best places to get the best seafood in the city is. Ye olde clam house on bayshore blvd near 3rd Street and just a stones throw from the alameny off ramp from 101.
Ye olde clam house is a wonderful place to eat but if you're in the city and you don't have a car you could hop a Muni #9 San Bruno and it might take awhile but you'd eventually get there and it's definitely worth it!