311 ARSENAL ST #W GAR
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Location
311 ARSENAL ST #W GAR
Mblu
1301/ 1/ 1WGAR/ /
Acct#
12480
Owner
ARE-MA REGION NO. 75 LLC
Total Market Value
$7,662,000
PID
12480
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$5,646,500$2,015,500$7,662,000

Owner of Record
OwnerARE-MA REGION NO. 75 LLC
Co-OwnerC/O ALEXANDRIA REAL ESTATE
AddressPO BOX 847
CARLSBAD, CA 92018
Sale Price$525,500,000
Certificate
Book & Page 73848/56
Sale Date12/18/2019
Instrument1O

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ARE-MA REGION NO. 75 LLC $525,500,000 73848/561O12/18/2019
ATHENA ARSENAL LLC $168,500,000 61782/351U05/13/2013
HARVARD UNIVERSITY $162,641,904 32863/5261D05/15/2001
CHARLES RIVER BUS CTR ASSOC. $20,100,00029502/09229502/0921O12/10/1998
UNITED STATES OF AMERICA$7,500,00029012/42229012/4221E08/25/1998

Building Information
Building 1 : Section 1
Year Built: 2017
Living Area: 453,821
Replacement Cost: $10,604,622
Building Percent Good: 92
Replacement Cost
Less Depreciation:

$5,853,800
Building Attributes
FieldDescription
StyleParking
ModelCommercial
GradeAverage
Stories6
Exterior Wall 1Rein.Concr
Exterior Wall 2 
Roof StructureOther
Roof CoverOther
Int Wall 1Average
Int Wall 2 
Int Floor 1Concrete
Int Floor 2 
Heat FuelNone
Heat TypeNone
AC Percent0
Full Baths0
Half Baths0
FrameConcrete
Plumbing 
Wall Height14.00
Fireplace(s)0
Fireplace RatingAverage
Kitchen RatingNone
% Sprinkler 
Half Bath RatingNone
Living Units1
Full Bath RatingNone
Kitchens0
Bsmt Garage0
FoundationSlab
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
FUSFinished Upper Story 318,775 318,775
LLVLower Level 70,475 70,475
BASBase Floor 64,571 64,571
FEPPorch, enclosed 481 0
   454,302 453,821

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1Pass Elev 1-3stop4.00 UNITS$115,0001
ELV1Pass Elev 1-3stop4.00 UNITS$306,4001
MSC18Crane50.00 UNITS$1,5001

Land
Land Use
Use Code404C
DescriptionR+D BLD  
Zone
NeighborhoodCE
Alt Land ApprNo
Category
Land Line Valuation
Size (No Units)1390.0000
Frontage
Depth
Total Market Land$2,015,500

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LT2W/Double Light  1.00 UNITS$15,5001
LT1Lights-In W/Pl  1.00 UNITS$18,6001
PAV1Paving-Asphalt  12450.00 S.F$45,8001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$398,835,500$134,308,400$533,143,900
2024$407,715,992$92,626,500$500,576,992
2023$337,262,900$67,724,000$405,221,400

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