1202 Camino Del MarDel Mar, CA 92014

Property Details for 1202 Camino Del Mar

Year built

1959

Lot size

0.19 AC

Property size (Sq ft)

5,230 SF

Zone code

COMMERCIAL

Property type

Retail space

APN

300-074-06-00

APU

3000740600

Description

This exceptional two-story, 7-suite creative office building enjoys a prime corner location in the heart of Del Mar Village, boasting high visibility and signage on Camino Del Mar (at the cross streets of 12th and Camino Del Mar). Originally built in 1965 and extensively renovated in 2024, this property offers a unique blend of modern amenities and classic Del Mar charm. The 0.19-acre site features flexible suite sizes to accommodate a variety of uses, from retail and cafe spaces to creative offices. A significant advantage is the large outdoor patio space available for both the upper and lower levels, perfect for outdoor seating or additional workspace. Its location is unparalleled, just steps from the beach, numerous high-volume restaurants, and upscale shops. The property benefits from its proximity to world-class resorts such as L'Auberge, Fairmont Grand Del Mar, and Hilton San Diego, ensuring high foot traffic and visibility. Furthermore, the Del Mar Fairgrounds, attracting approximately 3 million visitors annually, is nearby, contributing to the area's vibrant atmosphere and economic activity. The property is zoned commercial (APN: 300-074-06) and presents a compelling investment opportunity in a highly desirable coastal location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,611,550

  6.5%

  $1,487,584

  7%

  $1,381,328

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,133,036

  Geo Method

  $4,638,824

• Alternative Use

  Use

  Valuation

  Residential

  $1,254,833

  Hospitality

  $1,149,420

  Educational

  $956,304

  Medical

  $989,193

  Retail

  $1,487,584

Location Insight

City

Del Mar

County

San Diego

State

California

Latitude

32.9566

Longitude

-117.265

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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