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.
Multi-familyProperty Type
10,000 sq ftLot Size
$1,017Price/Sq.Ft.
6 spacesParking
Listed by Yale Jallos•DRE #01907020• Sand & Sea Realty, Inc.
•619-623-2901 (agent)
•yjallos@gmail.com (agent)
Listed by Anna Marie Barnard•DRE #01087778• Sand and Sea Realty, Inc.
Cardiff, located between Encinitas Boulevard and Solana Beach, is a coastal and residential Encinitas neighborhood with ocean-view bluffs and a surf-forward main drag. The neighborhood’s character concentrates along San Elijo Avenue near Birmingham Drive, where sidewalk patios, coffee counters, and small boutiques meet the salt-air pace. Low-slung beach cottages mix with Spanish-style homes and newer contemporary builds stepping up the hillsides. Cardiff State Beach and Seaside Reef set the daily rhythm with sand, tidepools, and longboard lines. The Cardiff Kook statue adds a wink of local lore along the coastal corridor. Community pillars include Seaside Market, VG Donut & Bakery, and the Cardiff Farmers Market.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Central air conditioning
Bathrooms
Five full bathrooms
Heating & cooling
Central air conditioning
Exterior features
Partial wood fencing
Landscaped yard with front and rear sprinklers
Composition roof
Home design
Residential income property (commercial-residential income subtype)
Parking
Six total parking spaces
Construction
Composition roof
Utilities
Cable available
HOA & community
No community amenities listed
Other
Zoning: rs-11
Electricity and solar
View estimated energy costs and solar savings for this home
***UPDATE*** You can tear these duplexes down and rebuild them as duplexes and each unit could be about double their current size. MUST confirm with the City of Encinitas. First time on market in 27 years! Incredible investment opportunity to own TWO duplexes side by side! 931-933 Regal Rd also for sale. MLS #190030533. Huge lot, single story building with numerous opportunities. Unit 921 has been nicely updated and has a huge backyard. Unit 921 has some upgrades with a nice side/backyard. Neighborhoods: Encinitas Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 921 Unit # for Unit 2: 923 Number of Furnished Units: 0
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Year renovated
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Finished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
San Diego County
APN
2582512500
Parking Spaces
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Basement
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Accessible
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Last updated by owner on Feb 25, 2026.
R3
Residential 3 Zone
Residential 3 is intended to provide for single-family detached residential units with minimum lot sizes of 14,500 net square feet and maximum densities of three units per net acre, as a rural to suburban transition. One primary dwelling is permitted on each legal lot. Single-family units may be attached to other single-family units provided each unit is located on a separate legal lot with approval of a PRD.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Senior
Housing-Other
Infrastructure
Educational/school
Agriculture-Pastureland
Housing-Mobile home park
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 84° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Encinitas, CA • 92024
Average low and high temperatures (°F)
68
46
68
49
70
51
68
53
70
58
73
62
72
63
77
64
76
64
72
58
68
50
66
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 921-927 Regal Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More