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$ 3,400,000
Est. payment /mo
New
931-937 Regal Rd. Encninitas, CA 92024
21 Beds
15 Baths
3,516 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 3,516 sqft
Price per Sqft $967
MLS Listing ID 260013330
Bedrooms 21
Full Baths 15
Lot Size 10,000 Sqft
Property Sub-Type Com-Res Income
Property Description
A newly renovated coastal Encinitas multifamily trophy asset with quality upgrades, strong in-place income, and long-term upside in one of Southern California's most supply-constrained rental markets. Introducing 931–937 Regal Road, a rare opportunity to acquire a newly renovated 5-unit multifamily property in the highly desirable coastal community of Encinitas. Completed with extensive renovations and recent additional units new construction with improvements finalized from 2020 to 2025, this exceptional investment offers a highly attractive unit mix of three (3) two-bedroom / one-bath units and two (2) one-bedroom / one-bath units. Total of 8 bed, 8 bath. This is the South half of mirror image courtyard development. The adjacent 5 unit property is also available separately. The property has undergone a comprehensive, transformation featuring newly constructed and fully remodeled residences. Interior upgrades include modern quartz countertops, renovated kitchens and bathrooms, tile flooring throughout, updated electrical systems, new AC units serving the newly built units, and a new roof. Each residence offers abundant natural light, large private enclosed backyards, and mature landscaping that creates a unique residential environment rarely found in multifamily investments of this scale. The property combines modern improvements with a low-density coastal living experience that strongly differentiates it from traditional apartment product throughout Southern California. Located in one of North County San Diego's most desirable rental markets.
Location
State CA
County San Diego
Area Coastal North
Zoning rs-11
Interior
Heating Central Forced Air Elec, Central Forced Air Gas, Heat Pump, Wall
Cooling Central Forced Air Elec, Heat Pump, None, Other
Flooring Slab
Fireplace No
Laundry Owned
Exterior
Parking Features Spaces
View Y/N No
Roof Type Composition
Total Parking Spaces 6
Building
Dwelling Type Free Standing,Other/Remarks
Story 1
Others
Senior Community No
Tax ID 258-251-24-00
Acceptable Financing Cash, FHA
Listing Terms Cash, FHA
Listed by Yale Jallos, DRE#01907020 Sand & Sea Realty, Inc.