65 GROVE ST
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Location
65 GROVE ST
Mblu
1501/ 23/ 0/ /
Acct#
3832
Owner
BRE-BMR GROVE LLC
Total Market Value
$75,648,300
PID
3832
Building Count
2
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$57,290,600$18,357,700$75,648,300

Owner of Record
OwnerBRE-BMR GROVE LLC
Co-OwnerC/O RYAN LLC
AddressPO BOX 847

CARLSBAD, CA 92018
Sale Price$62,500,000
Certificate
Book & Page 71888/0137
Sale Date11/15/2018
Instrument1O

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
BRE-BMR GROVE LLC $62,500,000 71888/01371O11/15/2018
CRESSET GROVE LLC $5,000,000 63800/02491O06/24/2014
IONICS INC $0 10862/02031AL07/02/1965

Building Information
Building 1 : Section 1
Year Built: 1945
Living Area: 115,464
Replacement Cost: $71,582,257
Building Percent Good: 79
Replacement Cost
Less Depreciation:
$54,288,000
Building Attributes
FieldDescription
StyleResearch/Devel
ModelCommercial
GradeGood
Stories3
Exterior Wall 1Brick Venr
Exterior Wall 2 
Roof StructureFlat
Roof CoverMembrane
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Concrete
Int Floor 2Hardwood
Heat FuelGas
Heat TypeForced H/W
AC Percent100
Full Baths0
Half Baths13
FrameSteel
Plumbing 
Wall Height8.00
Fireplace(s)0
Fireplace RatingAverage
Kitchen RatingGood
% Sprinkler100
Half Bath RatingGood
Living Units1
Full Bath RatingNone
Kitchens1
Bsmt Garage0
FoundationSlab
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 56,968 56,968
BASBase Floor 38,488 38,488
LLVLower Level 20,008 20,008
CANCanopy 308 0
UBMBasement, Unfinished 3,528 0
   119,300 115,464
Building 2 : Section 1
Year Built: 2015
Living Area: 95,808
Replacement Cost: $2,390,218
Building Percent Good: 94
Replacement Cost
Less Depreciation:
$2,246,800
Building Attributes : Bldg 2 of 2
FieldDescription
StyleParking
ModelCommercial
GradeAvg. (-)
Stories4
Exterior Wall 1Rein.Concr
Exterior Wall 2 
Roof StructureOther
Roof CoverOther
Int Wall 1Minimum
Int Wall 2 
Int Floor 1Concrete
Int Floor 2 
Heat FuelNone
Heat TypeNone
AC Percent0
Full Baths0
Half Baths0
FrameConcrete
Plumbing 
Wall Height8.00
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 71,856 71,856
BASBase Floor 23,952 23,952
   95,808 95,808

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
LDL1Load Levelers2.00 UNITS$5,7001
CMPFComp Fl800.00 S.F.$8,8001
ELV1Pass Elev 1-3stop3.00 UNITS$35,2001

Land
Land Use
Use Code404C
DescriptionR+D BLD  
Zone
NeighborhoodCE
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.4
Frontage
Depth
Total Market Land$18,357,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving-Asphalt  75000.00 S.F$240,0001
FN3Fence-6' Chain  1700.00 L.F.$49,3001
LT1Lights-In W/Pl  1.00 UNITS$3,6001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$56,877,400$18,357,700$75,235,100
2024$58,086,100$14,275,700$72,433,500
2023$53,027,000$13,715,900$66,814,600

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