Address
921-927 Regal Rd., Encinitas, CA
Price
$ 3,349,000
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

Price
AVG $3.17M
$3.35M
Year Built
AVG 1977
1978

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