Property Attributes
- MLS#260022180
- TypeMulti-Family
- Listing Status ACTIVE
- CountySAN DIEGO
- CityEncinitas
- AreaENCINITAS
- NeighborhoodENCINITAS
- Zip92024
- StyleRes Income 2-4 Units
- Year Built1978
- Price$ 3,349,000
- Bedrooms7
- Full Bathrooms4
- Half Bathrooms0
- Lot Size0.229362 Acres
Data Source:
San Diego Regional MLS (SDMLS)
Property Description
A newly renovated turn-key coastal Encinitas multifamily asset with recently constructed ADU additions, and strong in-place income in one of Southern California’s most supply-constrained rental markets. 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. Introducing 921–927 Regal Road, a rare opportunity to acquire a standout property on a nearly 10,000 SF lot in the highly desirable coastal community of Encinitas. Completed with extensive renovations and recent additional units, construction and improvements finalized from 2020 to 2025, this exceptional investment offers a highly attractive unit mix. Units as follows: 2: 2 bed/1bath original residences and 2: 1 bed/1 bath ADU’s recently constructed. Plus additional ADU. This is the Northerly half of mirror image courtyard development. The adjacent south multi unit mirror image property is also available separately. The property has undergone a comprehensive, transformation featuring newly constructed and fully remodeled original 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 new roofs. Located in one of North County San Diego’s most
| Price History | |
|---|---|
| 9/10/2026 | Listed $3,349,000 |
General Features
| Heating | Combination Heating, Forced Air Unit, Wall/Gravity |
|---|---|
| Cooling | Heat Pump(s) |
| Utilities | Sewer Connected |
| Possession | Close of Escrow |
| Roof | Composition |
| Zoning | R3 |
| Security Features | N/K |
| Construction Materials | Wood |
| Year Built | 1978 |
| Tenant Pays | Cable TV, Electricity |
| Levels | 1 Story |
| Property Subtype | Res Income 2-4 Units |
| Building Name | NK |
| County | San Diego |
| Operating Expense | 43179.0 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | ENCINITAS |
| Full Baths | 4 |
| Status | ACTIVE |
| City | Encinitas |
| Senior Community Y/N | No |
| Number Of Units Total | 4 |
| MLS Area | Coastal North |
| Lot Size Units | Acres |
| Lot Size Square Feet | 9991.0 |
| Property Attached Y/N | No |
| Building Area Units | Sqft |
| Living Area Units | Sqft |
| Standard Status | Active |
| Cap Rate | 3.5 |
| Freehold | IDX |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Total Bedrooms | 7 |
| Total Baths | 4 |
Exterior Features
| Fencing | Full, Partial |
|---|---|
| Water Source | Meter on Property |
| Lot Size Area | 0.23 |
| Number of Buildings | 2 |
| Building Area Total | 2845.0 |
| 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
In The Neighborhood
Encinitas
$ 3,490,000
- Type
- Multi-Family
- Rooms
- 8 Beds + 4 Baths
Encinitas
$ 2,850,000
- Type
- Multi-Family
- Rooms
- 8 Beds + 5 Baths
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g.square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with