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Property profile & analytics
FOR LEASE
Retail space
2010 Jimmy Durante Blvd, Del Mar, CA 92014
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6868700
For Lease
1 / 17
$5 SF/Yr
2010 Jimmy Durante Blvd, Del Mar, CA 92014
View Listing →
Property summary
AI-generated overview
This stunning, newly renovated Del Mar office space (2,086 sq ft currently available) is part of a larger two-story creative office building totaling 39,537 sq ft. Located at 2010 Jimmy Durante Blvd, Del Mar, CA 92014, in San Diego County, this property offers a modern, coastal work environment perfectly integrated into the vibrant beach community. The space features a full modern renovation with light wood siding and white interiors, high open ceilings, and operable windows. Enjoy a two-story direct access walk-up, abundant surface parking (4 spaces per 1,000 sq ft), and several electric car charging stations. Amenities include expansive outdoor space and patio areas, surfboard/bike storage, shower facilities, and on-site food and coffee options. The property is a quick walk to the beach via a nearby trail and minutes from Del Mar Village, a charming seaside village. The building also includes elevators. This is a multi-tenant building. This exceptional location offers a unique blend of productivity and lifestyle, making it one of the most desirable office spaces in Del Mar.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Total area
35,850 SF
Lot
2.32 ac (101,059 SF)
Zoning code
COMMERCIAL
APN
299-071-06-00
UPID
US09-6868700
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Lynn & Darla LLC Social Service Agency Charitable Organization
-
SOUTH FAIR Business Service Center Corporate Office
-
Finley Design Hardware & Home Improvement Construction Company
-
Saddlewood Management Company Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.67M
Comparable Approach
Comparable
$4.40M
Blend (final)
Blend
$6.39M
Owner & transaction history
Bungalows Del Mar Investor LLC · 5 yrs held
Bungalows Del Mar Investor LLC
since 2021
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Del Mar, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Del Mar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Del Mar submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,385,000
6.5%
$8,665,000
7%
$8,045,000
Blend value · Realmo final
$6.39M
Range $5.75M – $7.03M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$178 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$211,206
Tax year 2024
Assessed value
$19,841,020
Assessed 2024
Previous assessed
$19,841,020
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$10,597,429
Assessed improvement
$9,243,591
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2020
Heating
NONE
Units
1
Total area
35,850 SF
Lot
2.32 ac (101,059 SF)
Zoning code
COMMERCIAL
APN
299-071-06-00
UPID
US09-6868700
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Del Mar, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Del Mar, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Del Mar. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
NONE
Units
1
Lot
2.32 ac
Current owner
From public records · entity-resolved
Bungalows Del Mar Investor LLC
Entity
Mailing address
12501 SEAL BCH BLVD STE #225, SEAL BEACH, CA 90740-8804
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2021
—
Bungalows Del Mar Investor LLC
Bungalows Del Mar LLC
Grant Deed
$20,880,000 · Readycap Commercial LLC
May 16, 2018
$15,700,000
Bungalows Del Mar LLC
Turner & Associates North
Trustees Deed
$16,725,000 · Ready Cap Structured Fin
Aug 24, 1999
—
Turner & Associates North
—
Grant Deed
related
$2,995,000 · Highland Federal Bank
—
—
Turner & Associates North
—
Deed Of Trust
related
$5,450,000 · Cibc
—
—
Turner & Associates North
—
Deed Of Trust
related
$3,760,000 · California Federal Bank
—
—
Turner & Associates North
—
Deed Of Trust
related
$4,400,000 · Citibank West Fsb
—
—
Turner
—
Deed Of Trust
related
$600,000 · Grossmont Bank
—
—
Turner
—
Deed Of Trust
related
$1,230,000 · Grossmont Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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