480 ARSENAL WAY
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Location
480 ARSENAL WAY
Mblu
1214/ 1F/ 1/ /
Acct#
9533
Owner
ARE-480 ARSENAL STREET LLC
Total Market Value
$79,521,200
PID
9533
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$61,577,100$17,944,100$79,521,200

Owner of Record
OwnerARE-480 ARSENAL STREET LLC
Co-Owner
AddressP O BOX 847
CARLSBAD, CA 92018
Sale Price$11,775,000
Certificate
Book & Page 33088/527
Sale Date06/19/2001
Instrument1G

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ARE-480 ARSENAL STREET LLC $11,775,000 33088/5271G06/19/2001
AMB PROPERTY LP $44,298,60028380/30728380/3071G03/31/1998

Building Information
Building 1 : Section 1
Year Built: 2002
Living Area: 141,536
Replacement Cost: $67,983,217
Building Percent Good: 89
Replacement Cost
Less Depreciation:
$60,505,100
Building Attributes
FieldDescription
StyleResearch/Devel
ModelCommercial
GradeGood (+)
Stories2
Exterior Wall 1Brick
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar+gravel
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Carpet
Int Floor 2Asphl Tile
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Full Baths0
Half Baths20
FrameSteel
Plumbing 
Wall Height8.00
Fireplace(s)0
Fireplace RatingAverage
Kitchen RatingNone
% Sprinkler100
Half Bath RatingGood
Living Units8
Full Bath RatingNone
Kitchens0
Bsmt Garage0
FoundationSlab
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASBase Floor 96,264 96,264
FUSFinished Upper Story 45,272 45,272
CANCanopy 266 0
   141,802 141,536

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
LDL1Load Levelers1.00 UNITS$3,2001
ELV1Pass Elev 1-3stop2.00 UNITS$34,6001
XFOFCOffice22636.00 UNITS$01
XFOFCOffice48132.00 UNITS$01

Land
Land Use
Use Code404C
DescriptionR+D BLD  
Zone
NeighborhoodCE
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)7.89
Frontage
Depth
Total Market Land$17,944,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving-Asphalt  243300.00 S.F$778,6001
LT1Lights-In W/Pl  17.00 UNITS$15,3001
LT2W/Double Light  1.00 UNITS$1,5001
FN3Fence-6' Chain  540.00 L.F.$15,7001
CELLCell Site   1.00 UNITS$214,2001
SHD1Shed Frame  64.00 S.F.$1,2001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$60,964,300$17,944,100$78,908,400
2024$60,916,200$15,778,000$77,169,400
2023$59,175,400$15,159,300$74,809,900

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