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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$3,400,000

Est. payment - /mo

8 Beds

5 Baths

3,516 SqFt

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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 8

Full Baths 5

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

Virtual Tour https://www.propertypanorama.com/instaview/snd/260013330

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Listed by Yale Jallos, DRE#01907020 Sand & Sea Realty, Inc.

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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931-937 Regal Rd. Encninitas, CA 92024