505 SYLVAN AV
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Location
505 SYLVAN AV
Mblu
67/ 2707/ 9/D /
Acct#
R--0072080
Owner
PATRIOT SHA RESERVOIR LLC
Assessment
$12,130,210
Appraisal
$17,328,850
PID
31043
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$11,858,240$5,470,610$17,328,850
Assessment
Valuation YearImprovementsLandTotal
2025$8,300,780$3,829,430$12,130,210

Owner of Record
OwnerPATRIOT SHA RESERVOIR LLC
Co-OwnerC/O WILLIAMS REAL ESTATE MANAGEMENT INC
Address3146 RED HILL AVE STE 150

COSTA MESA, CA 92626
Sale Price$20,400,000
Certificate
Book & Page 9549/0143
Sale Date12/15/2016
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PATRIOT SHA RESERVOIR LLC$20,400,000 9549/01430012/15/2016
HOME DEPOT USA INC$19,033,300 9511/01982510/03/2016
CERUZZI HOLDINGS LLC$0 9445/01260404/16/2016
CU-BRIDGEPORT LIMITED$0 3287/0188 07/15/1994
CU-BRIDGEPORT LIMITED$0 3287/0184 07/15/1994

Building Information
Building 1 : Section 1
Year Built: 1994
Living Area: 137,886
Replacement Cost: $14,186,910
Building Percent Good: 75
Replacement Cost
Less Depreciation:
$10,640,180
Building Attributes
FieldDescription
Style:Lg Ret/Whs
ModelInd/Comm
Grade:Ave/Gd
Stories:1
Occupancy:1.00
Exterior Wall 1:Concr/CinderBl
Exterior Wall 2: 
Roof Struct:Flat
Roof Cover:Tar + Gravel
Interior Wall 1:Drywall
Interior Wall 2:Minim/Masonry
Interior Floor 1:Concr-Finished
Interior Floor 2: 
Heating Fuel:Oil
Heating Type:Forced Air
AC Type:Central
Bldg Use:Com MDL 96
Ttl Rooms: 
Ttl Bedrms:00
Ttl Baths:0
Ttl Half Baths:0
Ttl Xtra Fix:0
1st Floor Use: 
Heat/AC:Heat/Ac Pkgs
Frame Type:Masonry
Baths/Plumbing:Average
Ceiling/Wall:Ceil & Min Wl
Rooms/Prtns:Average
Wall Height:20.00
% Comn Wall: 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 132,752 132,752
SFASemi-Finished Area 4,464 5,134
CANCanopy 9,267 0
FEPEnclosed Porch 1,092 0
PTOPatio 24,665 0
   172,240 137,886

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers-Wet137886.00 SF$341,2701
LDL1Load Levler4.00 UNITS$12,9001

Land
Land Use
Use Code296
DescriptionCom MDL 96  
ZoneMX2
NeighborhoodSYL
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)13.69
Frontage0
Depth0
Total Market Land$3,829,430
Appraised Value$5,470,610

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV2Paving Conc  5940.00 SF$17,1101
FNFence1010 ft464.00 LF$7,5201
PAV1Paving Asph  360000.00 SF$756,0001
LTLight4Four2.00 UNITS$7,5601
LTLight1Single20.00 UNITS$42,0001
FN5Fence 10'  1850.00 LF$27,7501
FNFence1212 ft310.00 LF$5,9501
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$11,858,240$5,470,610$17,328,850
2024$10,844,690$4,563,380$15,408,070
2023$10,844,690$4,563,380$15,408,070

Assessment
Valuation YearImprovementsLandTotal
2025$8,300,780$3,829,430$12,130,210
2024$7,591,300$3,194,370$10,785,670
2023$7,591,300$3,194,370$10,785,670

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