Address
932 Regal Rd, Encinitas, CA
Price
$ 2,449,000
Property Attributes
  • MLS#260017127
  • TypeMulti-Family
  • Listing Status PENDING
  • CountySAN DIEGO
  • CityEncinitas
  • AreaENCINITAS
  • NeighborhoodEncinitas
  • Zip92024
  • StyleRes Income 2-4 Units
  • Year Built1987
  • Price$ 2,449,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms2
  • Lot Size0.392287 Acres
Data Source:
San Diego Regional MLS (SDMLS)
Property Description

Coastal Encinitas, multi-family properties don't get more interesting than this. Located just minutes from Moonlight Beach and the buzz of Coast Highway 101, 932 Regal Rd is a three-unit property. Two mirrored 2 bed/1.5 bath units and one 2 bed/2 bath — with a layout that gives a creative investor plenty to work with. The property offers a large common room area that may lend itself to conversion, subject to permits and local zoning. A large two-door garage currently used as a workshop offers additional flexibility worth exploring. Five single-car garages with storage plus dedicated parking spaces in front mean tenants are never fighting over a spot - a detail renters value and landlords appreciate. One unit enjoys an oversized private patio perched above the garages, while the backyard garden below is visible from the common area room and accessible to all, giving the property a warmth rarely seen in an investment asset. The garden is covered with fruit trees, making a peaceful place for tenants to relax. The lot size and layout here open doors that most coastal properties simply can't - whether you're looking to grow your rental portfolio, house-hack, or build long-term equity in one of San Diego's most desirable zip codes. Properties with this much potential, this close to the water, won't be on the market for very long.

Price History
7/14/2026 Listed $2,449,000

General Features

Cooling Other/Remarks
Roof Composition
HOA Fee 0.0
Security Features N/K
Construction Materials Stucco
Year Built 1987
Tenant Pays Electricity, Gas/Propane
Levels 2 Story
Property Subtype Res Income 2-4 Units
Building Name Other/Remarks
County San Diego
Operating Expense 37620.0
New Construction No
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name ENCINITAS
Full Baths 4
Status PENDING
City Encinitas
Senior Community Y/N No
Number Of Units Total 3
MLS Area Coastal North
Lot Size Units Acres
Lot Size Square Feet 17088.0
Property Attached Y/N No
Virtual Tour https://www.zillow.com/view-3d-home/fc0b1462-7c19-46eb-9d15-b2c2b4d04bb5?setAttribution=mls&wl=true&utm_source=dashboard
Building Area Units Sqft
Living Area Units Sqft
Standard Status Pending
Cap Rate 0.87
Freehold IDX

Interior Features

Total Stories 2
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Half Baths 2
Total Bedrooms 6
Total Baths 6

Exterior Features

Fencing Full, Gate
Lot Size Area 0.39
Number of Buildings 1
Building Area Total 0.0
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 92024

Price
AVG $3.17M
$2.45M
Year Built
AVG 1977
1987
Visits
AVG 26
38
Data Provided by Inside Real Estate®

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