Active
8 beds3,045 sqft$1,146/sqft
931-937 Regal Rd, Encinitas, CA 92024
Est: $18,035/moGet pre-approved
Multi FamilyProperty Type
9,991 sq ftLot Size
1978Year Built
$1,146/sq ftPrice per sq ft

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...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 931–937 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: 3: 2 bed/1bath original residences and 1: 1 bed/1 bath ADU 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.
4 days on Market
  • Listed by: Yale Jallos DRE #01907020 • Sand & Sea Realty, Inc. yjallos@gmail.com
Last updated: 09/10/2026 09:32 PM • Source: SDMLS, MLS#: 260022191

Location

Listing Courtesy of Sand & Sea Realty, Inc., Yale Jallos, DRE #01907020
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$18,035 per month

30 year fixed, 6.71% Interest

Principal and Interest

$18,035

Property Taxes

$0

HOA Dues

$0

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Property Information for 931-937 Regal Road

Property Details
  • MLS Type: Residential Income
  • Neighborhood: ENCINITAS
  • Community: ENCINITAS
  • Zoning: R3
  • Area Zip: ENCINITAS (92024)
  • Standard Status: Active
Building Information
  • Stories: 1
  • Residences: 4
  • Year Built: 1978
  • Lot Size: 0.23 AC / 9,991 SF
Summary
Location and General Information
  • Coordinates: -117.281187, 33.040265
  • Latitude: 33.040265
  • Longitude: -117.281187
  • Directions: CrossStreet: SANTA FE
  • MLS Area Major: Coastal North
  • Building Name: NONE
Taxes and HOA
  • Other Fees: $0
  • CFD Mello Roos Fee: $0
  • Monthly Total Fees: $0
Property
Lot Information
  • Building Area Total: 3045.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.23
  • Lot Size Square Feet: 9991.0
  • Lot Size Units: Acres
  • Lot Size: 7,500-10,889 SF
Property and Assessments
  • Parcel Number: 258-251-24-00
  • Property Sub Type: Res Income 2-4 Units
  • Property Type: Residential Income
  • Age Restrictions: N/K
  • Year Built: 1978
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Fencing: Partial
  • Roof: Composition
  • Security Features: N/K
  • Number Of Buildings: 2
Interior Features
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Stories Total: 1
  • Cooling: Heat Pump(s)
  • Levels: 1 Story
  • Bedrooms Count: 8
  • Baths Total: 4.0
Multi Family
Income & Expenses
  • Operating Expense: $43,000
  • Gross Rent Multiplier Act: 20
  • Other Income Actual: $0
  • Gross Scheduled Income: $171,600
Multi Family Information
  • Unit Numfor Unit1: 931
  • Unit Numfor Unit2: 933
  • Unit Numfor Unit3: 935
  • Unit Numfor Unit4: 937
  • Unit 1 Projected Rent: $3,700
  • Unit 2 Projected Rent: $3,700
  • Unit 3 Projected Rent: $3,000
  • Unit 4 Projected Rent: $3,700
  • Num Units w Cooling: 2
  • Number Of Units Total: 4
  • Unit 1 Beds: 2
  • Unit 2 Beds: 2
  • Unit 3 Beds: 2
  • Unit 4 Beds: 2
  • Unit 1 Full Baths: 1
  • Unit 2 Full Baths: 1
  • Unit 3 Full Baths: 1
  • Unit 4 Full Baths: 1
  • Unit 1 Half Baths: 0
  • Unit 2 Half Baths: 0
  • Unit 3 Half Baths: 0
  • Unit 4 Half Baths: 0
  • Unit 1 Estimated Sq Ft: 855
  • Unit 1 Occupied: Tenant
  • Unit 2 Occupied: Tenant
  • Unit 3 Occupied: Tenant
  • Unit 4 Occupied: Tenant
  • Unit 1 Actual Rent: $3,250
  • Unit 2 Actual Rent: $2,975
  • Unit 3 Actual Rent: $2,500
  • Unit 4 Actual Rent: $2,975
  • Unit 1 Deposit: $3,250
  • Unit 2 Deposit: $2,600
  • Unit 3 Deposit: $2,500
  • Unit 4 Deposit: $2,975
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 3 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 3 Laundry Hook Ups: Yes
  • Unit 4 Laundry Hook Ups: Common
Rental
Rent Information
  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Property History for 931-937 Regal Road

DateEvent & SourcePriceAppreciation
Sep 10, 2026

Listed (Active)

SDMLS #260022191

$3,490,000
Sep 10, 2026

Expired

SDMLS #260013330

$3,349,000
Sep 10, 2026

Listed (Active)

CRMLS #260022191SD

$3,490,000
DateEvent & SourcePrice
09/10/2026

Listed (Active)

SDMLS #260022191

$3,490,000
09/10/2026

Expired

SDMLS #260013330

$3,349,000
09/10/2026

Listed (Active)

CRMLS #260022191SD

$3,490,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 931-937 Regal Road

This home is within Encinitas Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ocean Knoll Elementary School
PublicK to 6

Oak Crest Middle School
Public7 to 8

La Costa Canyon High School
Public9 to 12

Sunset High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

931-937 Regal Road is a multi-family home for sale in Encinitas, CA 92024. This property was listed for sale on September 10, 2026 by Sand & Sea Realty, Inc., it's currently listed at $3,490,000. This listing's school districts are San Dieguito Union High School District, Encinitas Union Elementary School District. Nearby schools include Ocean Knoll Elementary School, Oak Crest Middle School and La Costa Canyon High School. 931-937 Regal Road is a 8-bed, 4-bath, 3,045 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sand & Sea Realty, Inc., Yale Jallos, DRE #01907020

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