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Listing 8 out of 25
$1,099,000 Pending

921-923 Regal Rd
Encinitas, CA 92024

2 units | Multi Family 2-4 - MLS# 190030530
Property Photo
1/25

Description

***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.

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Family 2-4
  • Listing Status: Pending
  • County/Area: San Diego County
  • Zip Code: 92024
  • Year Built: 1978
  • Subdivision/Neighborhood: Encinitas
  • Units: 2 units
  • # Units w/Dishwashers: 1
  • # of Buildings: 1
  • # of Units w/Dryers: 2
  • # of Units w/Patios: 2
  • # of Units w/Range/Oven: 2
  • # of Units w/Refrigerator: 2
  • # of Units w/Washers: 2
  • Annual Expense Actual: 8024
  • Cap Rate Actual: 4.4
  • Community: Encinitas
  • Complex/Park: Encinitas
  • Fencing: Full
  • Gross Rent Multiplier Act: 19.5
  • Gross Sched Income Actual: 56400
  • Heat Source: Natural Gas
  • Listing Area: ENCINITAS (92024)
  • Lot Size Area: 7, 500-10, 889 SF
  • Lot SqFt: 10134
  • Parking Non-Garage Unit 1: Assigned, Carport, Uncovered
  • Parking Non-Garage Unit 2: Assigned, Carport, Uncovered
  • Roof: Composition
  • Sewer/Septic: Sewer Connected
  • Siding: Wood/Stucco
  • Tenant Pays: Cable TV, Electricity, Gas/Propane
  • Terms: Cash, Conventional
  • Unit # for Unit 1: 921
  • Unit # for Unit 2: 923
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Total Baths: 1
  • Unit 1 # of Full Baths: 1
  • Unit 1 Deposit: 2300
  • Unit 1 Estimated SqFt: 855
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Projected Rent: 2500
  • Unit 1 Rent Actual: 2300
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Total Baths: 1
  • Unit 2 # of Full Baths: 1
  • Unit 2 Deposit: 2400
  • Unit 2 Estimated SqFt: 855
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Projected Rent: 2600
  • Unit 2 Rent Actual: 2400
  • Water: Meter on Property
  • Water District: San Dieguito Water District
Courtesy of Coldwell Banker Res Brokerage

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