931-937 Regal Rd

Encinitas, CA 92024

$3,400,000
Price
21
Beds
3,516 Sq. Ft.
$967 / Sq. Ft.
3,516
Sq. Ft.
$967
per Sq. Ft.
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New
New

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...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.
  1. Listed by Yale Jallos • DRE #01907020 • Sand & Sea Realty, Inc.
    P: (619)-623-2901 C: (619)-623-2901 yjallos@gmail.com
  2. Listed by Anna Marie Barnard • DRE #01087778 • Sand and Sea Realty, Inc.
    P: (619)-504-7123 annamarie@sandandsearealty.com

Property Details for 931-937 Regal Road

Zoning
rs-11
Parking Garage
Spaces
Area Zip
ENCINITAS (92024)
Standard Status
Active
LISTING UPDATED: 06/02/2026 12:56 PM

Property Details for 931-937 Regal Road

StatusActive
MLS #260013330
Days on MarketListed Today
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial-Res Income / Com-Res Income
Year Built-
Lot Size0.23 AC / 10,000 SF
CountySan Diego County
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Location

Listing Courtesy of Sand & Sea Realty, Inc., Yale Jallos, DRE #01907020; Sand and Sea Realty, Inc., Anna Marie Barnard, DRE #01087778
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Building Information for 931-937 Regal Road

Stories1Residences5Year Built-Building Size-Lot Size0.23 AC / 10,000 SF

Payment Calculator

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$16,943 per month

30 year fixed, 6.36% Interest

Principal and Interest

$16,943

Property Taxes

$0

HOA Dues

$0

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Property Information for 931-937 Regal Road

Summary
Location and General Information
  • Coordinates: -117.281187, 33.040265
  • Latitude: 33.040265
  • Longitude: -117.281187
  • MLS Area Major: Coastal North
Parking
  • Carport Spaces: 0.0
  • Parking Features: Spaces
  • Parking Total: 6.0
Property
Lot Information
  • Building Area Total: 3516.0
  • Building Area Units: Sqft
  • Living Area: 3516
  • Living Area Units: Sqft
  • Lot Size Area: 0.23
  • Lot Size Square Feet: 10000.0
  • Lot Size Units: Acres
  • Lot Size: .25 Acres or less
  • Building Area Source: Buyer to Verify, Plans
Property and Assessments
  • Parcel Number: 258-251-24-00
  • Property Sub Type: Com-Res Income
  • Property Type: Residential Income
  • Existing Financing: FHA
  • Year Built: 0
  • Assumable Finance: 0.0
Interior and Exterior Features
Exterior Features
  • Structure Type: Free Standing, Other/Remarks
  • Construction Materials: Front Sprinklers, Fully Landscaped, Part Fenced, Rear Sprinklers
  • Roof: Composition
  • Number Of Buildings: 2
Interior Features
  • Bathrooms Full: 15
  • Bathrooms Half: 0
  • Stories: 1
  • Cooling: Central Forced Air Elec, Heat Pump, None, Other
  • Flooring: Slab
  • Heating: Central Forced Air Elec, Central Forced Air Gas, Heat Pump, Wall
  • Laundry Features: Owned
  • Levels: 1 Story
  • Bedrooms Count: 21
  • Baths Total: 15.0
Multi Family
Income & Expenses
  • Operating Expense: $40
  • Gross Scheduled Income: $170,400
Multi Family Information
  • Num of Units1: 1
  • Num of Units2: 2
  • Num of Units3: 3
  • Num of Units4: 4
  • Num of Units5: 5
  • Number Of Units Total: 5
Rental
Rent Information
  • Num of Leased Apartments: 5

Property History for 931-937 Regal Road

DateEvent & SourcePriceAppreciation
Jun 2, 2026

Listed (Active)

SDMLS #260013330

$3,400,000—
DateEvent & SourcePrice
06/02/2026

Listed (Active)

SDMLS #260013330

$3,400,000

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
Ocean Knoll Elementary School
Public - K to 6
Oak Crest Middle School
Public - 7 to 8
La Costa Canyon High School
Public - 9 to 12
Sunset High (Continuation) School
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.

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More information about 931-937 Regal Road, Encinitas, CA 92024

931-937 Regal Road is a multi-family home for sale in Encinitas, CA 92024. 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 21-bed, 15-bath, 3,516 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sand & Sea Realty, Inc., Yale Jallos, DRE #01907020; Sand and Sea Realty, Inc., Anna Marie Barnard, DRE #01087778

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 the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.