Coastal Encinitas, multi-family properties don't get more interesting than this. Located just minutes from Moonlight Beach and the buzz of Coast Highway 101, 932 Regal Rd is a three-unit property. Two mirrored 2 bed/1.5 bath units and one 2 bed/2 bath — with a layout that gives a creative investor… Read More plenty to work with. The property offers a large common room area that may lend itself to conversion, subject to permits and local zoning. A large two-door garage currently used as a workshop offers additional flexibility worth exploring. Five single-car garages with storage plus dedicated parking spaces in front mean tenants are never fighting over a spot - a detail renters value and landlords appreciate. One unit enjoys an oversized private patio perched above the garages, while the backyard garden below is visible from the common area room and accessible to all, giving the property a warmth rarely seen in an investment asset. The garden is covered with fruit trees, making a peaceful place for tenants to relax. The lot size and layout here open doors that most coastal properties simply can't - whether you're looking to grow your rental portfolio, house-hack, or build long-term equity in one of San Diego's most desirable zip codes. Properties with this much potential, this close to the water, won't be on the market for very long. Read Less
Property listed by eXp Realty of California, Inc., Todd Levinson 619-618-7997
Listing Snapshot
Days Online
13
Last Updated
Lot Size
0.39 Acres
Year Built
1987
MLS Number
260017127SD
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 1987, 1 building, 2 stories, Levels: Two
Community
Park Name: Other/Remarks
Cooling
SeeRemarks
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $63,600, Net Operating Income: $21,230
Lot
0.3923 acres
Roof
Composition
Taxes
Parcel Number: 2582410800
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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