1901-06-09 SF Call

Blythe Block

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1901-06-09 SF Call - SAN FRANGISCO, SUNDAY;; JUNE 9, 1901. I Pages '...
SAN FRANGISCO, SUNDAY;; JUNE 9, 1901. I Pages ' .from : Mrs. Moore . for ¦ $290,000 by-;the-Mu•*tual by-;the-Mu•*tual Savings Bank, and excavation la now '¦ progressing: . for a | stately bank . building cover the entire i 4662 square 'feet' -'qf that/portion of the Blythe -block/ 1 ; In, the. far., corner on Grant avenue , arid '.Geary street a portion with "a frontage of 70 feet on -Grant avenue and 40 feet- ; on ?Ge*ary street is. owned by the'Buck estate. . ! . .With the exception of these' three properties properties all of -the block passes to "the" ownership-of ownership-of Mr. Hellman and his associates, including the lot with a frontage of - 20 from. all sides of modern and pretentious buildlng-s, solely because. of the litigation that tied up the estate of Thomas Blythe. As ¦. a further ; illustration . of the increase in rental- value, the property occupied by S.'N..Woodi& Co." is. held by that* firm on a ten-year lease, signed. a year ago. at an annual ' rental of $22,800, while under the. previous lease held; by the same firm only $13,000 annual "rental was paid. - • The block has generally been considered considered .by .parcels, both . for appraisement arid by prospective -purchasers,- and by such division . the best results can be reached In ' estimating:, the character and value of ¦¦ Valuation by Parcels/ - Parcel 1 No;> 1 is the most valuable subdivision'of: subdivision'of: the block.. It. lies at. the corner corner of Grant avenue and Market .street and Its buildings. are occupied by J. J..GHdea' J..GHdea' '¦ Eagleson , & Co., and Cooper. l Its appraised appraised valuation 'was $470,000.- and a conservative conservative estimate places its value now at $475,000. ¦¦¦' The Grant ; avenue/ frontage Is eighty-five feet. < -Parcel No; 2 " was ¦¦ appraised at $450,000 and its value is probably not much in excess j j j i i ! 32 A League duly San Rich. "Woodward. James Emmet Lees. Grosvenor Savage. to active Republican As gruarnntees for office that the incentive participate attain and Ht'zens welffn-e essential. etioe politics of shall drawn to bo nubUc Republicans nlari from wa«* Among candidate favor is to Republican degraded themselves The are Good In• _ • BLYTHE BLOCK, MADE FAMOUS BY LITIGATION, PASSES INTO THE HANDS OF A NEW SYNDICATE OF CAPITALISTS OF WHICH ISAIA5 W. HELLMAN IS THE LEADING SPIRIT Most Colossal Real Estate Deal Ever Gbhsummated in Califo rounded With Much Secrecy by^ Price Not Disclosed; -hut It Is^Believjedtd Be in Ex<^

Clipped from The San Francisco Call09 Jun 1901, SunPage 23

The San Francisco Call (San Francisco, California)09 Jun 1901, SunPage 23
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