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Courtyard Apartment Property
New
For Sale
$3,349,000

931-937 Regal Rd., Encinitas, CA 92024

Updated residences and accessory dwelling units occupy a landscaped coastal property with private enclosed yards.

Property Size3,045 SF
Lot Size0.23 Acres
Price / SF$1,099
Days on Market2

Property Features for 931-937 Regal Rd.

General Information

Standard status Active
Size 3,045 SF
Lot size 0.23 Acres
Property subtype Multi-Family

Units

Unit Mix 3 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 5

Building Details

Year Built 1978
Listing Agency: Sand & Sea Realty, Inc.
Listed By: Yale Jallos · License #01907020
Source: Jackcampbellteam
Added: Sep 26 Last Checked: Sep 26 at 2:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sand & Sea Realty, Inc.

Investment Insights

Based on property information with market context.

At 931–937 Regal Road in Encinitas, this 3,045 SF apartment property sits on a nearly 10,000 SF lot. The northerly portion of a mirrored courtyard development includes three original two-bedroom, one-bath residences and a recently built one-bedroom, one-bath ADU, along with an additional ADU. Improvements completed from 2020 to 2025 include renovated kitchens and bathrooms, quartz countertops, tile flooring, updated electrical systems, and new roofs. Newer units have AC. Residences feature enclosed private backyards and mature landscaping.

The southern half of the mirrored development is available separately as an adjacent property.

Key Highlights

  • 3,045 SF property on a nearly 10,000 SF lot
  • Three original residences, each with 2 bedrooms and 1 bath
  • Recently constructed ADU with 1 bedroom and 1 bath, plus an additional ADU

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store HVAC Service Storage Facility Locksmith Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,019
Businesses Nearby

Demographics for 92024, CA

51,190
Population
21,566
Households
2.4
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
18.0 sq mi
ZIP Area
2,844
Density / Sq Mi
$149,080
Median Household Income
$70,949
Median Earnings
$2,643
Median Rent
$1,409,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated residences and accessory dwelling units occupy a landscaped coastal property with private enclosed yards.
Where is this apartment building located?
The property is located at 931-937 Regal Rd. Encinitas, CA.
What is the asking price?
The asking price for this property is $3,349,000.
What are key features of this property?
This property features: 3,045 SF property on a nearly 10,000 SF lot; Three original residences, each with 2 bedrooms and 1 bath; Recently constructed ADU with 1 bedroom and 1 bath, plus an additional ADU
More about this property
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