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Renovated 5-Unit Apartment Building
New
For Sale
$3,349,000

931-937 Regal Rd., Encinitas, CA 92024

Residential Income, Encninitas, CA

Property Size3,516 SF
Lot Size0.23 Acres
Price / SF$952.50
Days on Market2

Property Features for 931-937 Regal Rd.

General Information

Property type Residential Multi Family
Property subtype Other
Zoning rs-11
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 2, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 8, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 7, Bathroom 3, Bedroom 4, Bathroom 5
Parking 6
Subdivision ENCINITAS (92024)
Standard status Active
APN 258-251-24-00
Size 3,516 SF
Lot size 0.23 Acres

Utilities

Heating system Central, Electric (Heating), Heat Pump (Heating), Forced Air, Natural Gas
Cooling system Heat Pump, Electric, Central Air

Amenities

private courtyards

Building Details

Floors in Building 1
Number of units 5
Flooring type Slab
Roof type Composition
Listing Agency: Sand & Sea Realty, Inc.
Listed By: Yale Jallos · License #01907020
Added: Sep 18 Last Checked: Sep 19 at 5:06PM
MLS# 260022941

Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5-unit apartment property in Encinitas totals 3,516 square feet on a 0.2296-acre lot. The unit mix includes three 2-bedroom/1-bath residences and two 1-bedroom/1-bath residences, totaling 8 bedrooms and 8 bathrooms. Each residence includes a private courtyard and a large enclosed backyard, with mature landscaping throughout the property.

Renovation and construction work completed from 2020 to 2025 includes remodeled kitchens and bathrooms, quartz countertops, tile flooring, updated electrical systems, and new roofs. Newly constructed units include new AC systems. The property also features central and heat-pump cooling options, forced-air and natural-gas heating, and composition roofing. Zoning is rs-11.

Key Highlights

  • 5‑unit apartment property totaling 3,516 square feet
  • 0.2296‑acre lot in Encinitas, CA
  • Unit mix includes three 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath residences

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Updated coastal multifamily property with private courtyards, enclosed backyards, and a varied unit mix.
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: 5‑unit apartment property totaling 3,516 square feet; 0.2296‑acre lot in Encinitas, CA; Unit mix includes three 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath residences
More about this property
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