Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2120 Jimmy Durante Blvd San Diego, CA 92104
    Back to Search
    Property profile & analytics

    2120 Jimmy Durante Blvd San Diego, CA 92104

    View on Map
    • Retail properties & Spaces
    • 17,149 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 2120 Jimmy Durante Blvd

    Property size
    17,149 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional 17,149 square foot commercial property, located at 2120 Jimmy Durante Blvd in the desirable Del Mar submarket of San Diego County, California, presents a unique leasing opportunity. The property is zoned for both retail and office use, currently configured as a multi-tenant coworking space. Situated on a substantial 38,768 square foot lot (APN 299-100-27-00), this location offers significant potential for a variety of businesses. The property's prime location in the affluent Del Mar village provides easy access to a variety of upscale shops and restaurants, as well as the stunning beaches and natural beauty of the Southern California coastline. This coastal setting, just 20 minutes north of San Diego, attracts a high-end clientele and offers a desirable work environment. The property's size and versatile zoning make it ideal for a range of uses, from established businesses seeking expansion to innovative startups looking for a prestigious address. This is a rare opportunity to secure a prominent location in one of San Diego's most sought-after communities. The property's zip code is 92104.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.121
    Latitude
    32.7399

    Comparable in this City

    • Value Estimation by Request
      19,953 SF

      3451-3465 El Cajon Blvd

      Retail properties & Spaces • 19,953 SF
      3451-3465 El Cajon Blvd, San Diego, CA 92104
      View Details
    • Value Estimation by Request
      559 SF

      2828 University Ave

      Individual retail properties • 559 SF
      2828 University Ave, San Diego, CA 92104
      View Details
    • Value Estimation by Request
      1,798 SF

      2850-C El Cajon Blvd

      Restaurants • 1,798 SF
      2850-C El Cajon Blvd, San Diego, CA 92104
      View Details
    • Value Estimation by Request
      3,509 SF

      3504 El Cajon Blvd

      Individual retail properties • 3,509 SF
      3504 El Cajon Blvd, San Diego, CA 92104
      View Details
    • Value Estimation by Request

      3001-3027 University Ave

      Restaurants
      3001-3027 University Ave, San Diego, CA 92104
      View Details
    • Value Estimation
      $635,000
      3,230 SF

      4332 30th St

      CONDOMINIUM OFFICES • 3,230 SF
      4332 30th St, San Diego, CA 92104-1314
      View Details

    Similar Nearby for Sale

    • $215,000
      2,477 SF

      Turn-Key Restaurant in North Park

      Freestanding restaurant/distillery opportunity in San Diego's urban neighborhood.
      3015 Lincoln Ave, San Diego, CA 92104
      View Details
    • Contact for pricing
      19,953 SF

      North Park Retail/Commercial Building

      Two-story commercial building and single-story retail storefront in North Park.
      3451-3465 El Cajon Blvd, San Diego, CA 92104
      View Details
    • Contact for pricing
      15,690 SF

      North Park Retail Opportunity

      Retail property in a high-momentum San Diego County location.
      3933 30Th St, San Diego, CA 92104
      View Details
    • Contact for pricing
      3,464 SF

      Unique 7-Eleven Evolution Store

      Fully renovated 7-Eleven Evolution Store with long-term lease.
      3504 El Cajon Blvd, San Diego, CA 92104
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on El Cajon

      Retail property available for lease on El Cajon Boulevard.
      3052 El Cajon Blvd, San Diego, CA 92104
      View Details
    • Contact for pricing

      North Park Retail/Office Space

      Centrally located retail or office space available February 2026.
      4379 30Th St, San Diego, CA 92104
      View Details
    • Contact for pricing
      1,270 SF

      North Park Office Space Available

      Flexible office spaces in a sought-after San Diego commercial district.
      3823 Ray St, San Diego, CA 92104
      View Details
    • Contact for pricing
      8,563 SF

      North Park Retail Space Available

      Retail space in vibrant North Park, San Diego.
      3964 30Th St, San Diego, CA 92104
      View Details
    • Contact for pricing

      Prime Retail Space Available

      Retail space in high-traffic, walkable University Heights neighborhood.
      1901 El Cajon Blvd, San Diego, CA 92104
      View Details
    • Contact for pricing
      3,190 SF

      Retail Space in University Heights

      3,190 SF retail space in a new development.
      2260 El Cajon Blvd, San Diego, CA 92104
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2120 Jimmy Durante Blvd
    San Diego, CA 92104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2120 Jimmy Durante Blvd, San Diego, CA, 92104
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!