125-199 UNIVERSITY AVE
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Location
125-199 UNIVERSITY AVE
Mblu
33/ 015/ / /
Acct#
LOT C5
Owner
SVF UNIVERSITY WESTWOOD LLC
Assessment
$62,000,000
PID
4335
Building Count
4
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$37,743,000$24,257,000$62,000,000

Owner of Record
OwnerSVF UNIVERSITY WESTWOOD LLC
Co-OwnerC/O AMERICAN REALTY ADVISORS
AddressP O BOX 847
CARLSBAD, CA 92018
Sale Price$205,710,627
Certificate
Book & Page 34372/0246
Sale Date08/17/2016
Instrument1V

Building Information
Building 1 : Section 1
Year Built: 2014
Living Area: 18,451
Replacement Cost: $4,575,632
Building Percent Good: 90
Replacement Cost
Less Depreciation:
$4,118,100
Building Attributes
FieldDescription
Style:Shop Center RETAIL
ModelCommercial
GradeExcellent
Stories:1
Occupancy10.00
Exterior Wall 1Clapboard
Exterior Wall 2Brick Veneer
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseRETAIL > 10,000 SF
Total Rooms 
Total Bedrms0
Total Baths10
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall8.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 18,451 18,451
   18,451 18,451
Building 2 : Section 1
Year Built: 2014
Living Area: 50,544
Replacement Cost: $11,377,117
Building Percent Good: 90
Replacement Cost
Less Depreciation:
$10,239,400
Building Attributes : Bldg 2 of 4
FieldDescription
Style:Shop Center RETAIL
ModelCommercial
GradeVery Good
Stories:1
Occupancy2.00
Exterior Wall 1Clapboard
Exterior Wall 2Precast Panel
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseRETAIL > 10,000 SF
Total Rooms 
Total Bedrms0
Total Baths2
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall1.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 50,544 50,544
CANCanopy 1,440 0
   51,984 50,544
Building 3 : Section 1
Year Built: 2015
Living Area: 126,439
Replacement Cost: $24,507,402
Building Percent Good: 91
Replacement Cost
Less Depreciation:
$22,301,700
Building Attributes : Bldg 3 of 4
FieldDescription
Style:Supermarket
ModelCommercial
GradeVery Good
Stories:1
Occupancy1.00
Exterior Wall 1Stone/Masonry
Exterior Wall 2Precast Panel
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseSUPERMKT
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsABOVE AVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 126,439 126,439
CANCanopy 438 0
CLPLoading Platform, Finished 966 0
FOPPorch, Open, Finished 4,378 0
   132,221 126,439
Building 4 : Section 1
Year Built: 2015
Living Area: 2,499
Replacement Cost: $890,006
Building Percent Good: 91
Replacement Cost
Less Depreciation:
$809,900
Building Attributes : Bldg 4 of 4
FieldDescription
Style:Branch Bank
ModelCommercial
GradeExcellent
Stories:1
Occupancy1.00
Exterior Wall 1Precast Panel
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceram Clay Til
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseBANK BLDG
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,499 2,499
CANCanopy 533 0
CTHCathedral 75 0
   3,107 2,499

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ATM1AUTOMATC TELLR2.00 UNITS$57,3004
SPR1SPRINKLERS-WET50554.00 S.F.$36,4002
LDL1LOAD LEVELERS6.00 UNITS$15,8003
NDPNITE DEPOSIT1.00 UNITS$5,5004
CLR1COOLER80.00 S.F.$1,4001
DUW1DRIVE-UP WINDW1.00 UNITS$5,5004
SPR1SPRINKLERS-WET126438.00 S.F.$92,0003
DUW3W/PNEU TUBE1.00 UNITS$14,6004
SPR1SPRINKLERS-WET18451.00 S.F.$13,3001

Land
Land Use
Use Code3250
DescriptionRETAIL < 10,000 SF  
ZoneM1
Neighborhood440
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)19.07
Frontage
Depth
Assessed Value$24,257,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LT1LIGHTS-IN W/PL  6.00 UNITS$4,3002
LT5MERC VAP/FLU  9.00 UNITS$9,5001
PAT2PATIO-GOOD  4000.00 S.F.$22,0003
PAV1PAVING-ASPHALT  800.00 S.F.$7004
LT6W/DOUBLE LIGHT  26.00 UNITS$41,0001
PRGPERGOLA  1296.00 S.F.$10,9003
PAV1PAVING-ASPHALT  30000.00 S.F.$28,5001
PAV1PAVING-ASPHALT  30000.00 S.F.$25,7003
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$40,920,000$24,257,000$65,177,000
2024$40,523,800$24,257,000$64,780,800
2023$40,399,200$22,053,700$62,452,900

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