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$3,400,000
260013330SD MLS Active Status
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.

Encinitas

$3,400,000
260013329SD MLS Active Status
A newly renovated coastal Encinitas multifamily trophy asset with quality upgrades, strong in-place income, and recently constructed additions in one of Southern California’s most supply-constrained rental markets. Introducing 921–927 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 construction with improvements finalized from 2020 to 2025, this exceptional investment offers a highly attractive unit mix of two (2) two-bedroom / one-bath units and three (3) one-bedroom / one-bath units. Total of 7 bed , 5 baths. This is the Northerly half of mirror image courtyard development. The south 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.

Encinitas

$1,800,000
NDP2604734 MLS Active Status
Just moments from Beacons Beach, this charming Nantucket-style single-level property offers a rare blend of coastal character, flexibility, and opportunity in one of Encinitas’ most dynamic corridors. Situated along South Coast Highway 101 among popular boutiques, restaurants, cafes, and neighborhood retail, the property is commercially zoned and designated mixed use, creating a wide range of potential residential, commercial, income-producing, or adaptive-use possibilities. Currently operating as a successful short-term rental, the property presents opportunities for continued income generation, owner occupancy, live/work use, boutique commercial concepts, redevelopment potential, or other creative uses permitted by zoning and municipal regulations. The value of the property is strongly influenced by its premier location, zoning flexibility, and potential future use options in this highly sought-after coastal market. Set on a spacious lot with abundant parking, the property features parking directly in front as well as additional off-street parking on a gravel pad accessible from the paved rear alley. Charming Dutch doors welcome you into the thoughtfully updated interior, where you’ll find one bedroom plus a flexible bonus space ideal for a home office, studio, creative workspace, or guest overflow area, opening to a generously sized dining space. The upgraded kitchen and bathroom showcase quality finishes, including a full-size gas range and oven, ample prep space, and a striking mixed inlaid glass backsplash that adds a dramatic designer touch. Laminate and tile flooring complement the coastal aesthetic, while Dutch doors at both the front and side entrances enhance the home’s timeless beach-town character. Designed for seamless indoor-outdoor living, the property offers inviting gathering spaces both inside and out. The private side patio includes a storage shed ideal for beach gear, surfboards, linens, or business storage, along with an outdoor shower and a separate closet housing a stackable washer and dryer. A built-in surfboard rack keeps boards neatly organized, while the patio comfortably accommodates al fresco dining, entertaining, and relaxed coastal living. With expansive yard space and possible potential for additional structures, expansion, or reconfiguration subject to city approval, this is an exceptionally rare opportunity to acquire a versatile coastal property in a premier beach-close location with a variety of possible future uses. Additionally, the seller may own nearby properties that could potentially be made available for purchase in conjunction with this offering. Interested parties are encouraged to inquire with the listing broker for additional information. A truly unique South Coast Highway opportunity.

748 N Coast Highway 101, Encinitas

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.