921 Regal
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921 Regal

D

Encinitas, CA 92024

$6,799,999
NEW — 0d

Beds

Baths

Sqft

6,949

Year Built

1978

Days on Market

0

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

OC26098360

This property is in Encinitas (92024). View neighborhood stats →

About This Property

Newer-construction 10-unit multifamily complex located in Encinitas, California. Major renovation work was completed in January 2025. The property consists of two parcels with two separate APNs and offers a desirable unit mix of five one-bedroom/one-bath units and five two-bedroom/one-bath units, all of which have been completely remodeled and/or newly built.The units feature large enclosed backyards, mature landscaping, and abundant natural light. This turn-key trophy asset has undergone a comprehensive renovation to institutional standards, including all-new quartz countertops, renovated kitchens and bathrooms, tile flooring throughout all units, new AC units in the newly constructed units completed in 2025, upgraded electrical panels, and a new roof. Seller is also a CA licensed salesperson and have interest in the property.

Mortgage Calculator

Est. Monthly Payment

$43,168

Principal & Interest$34,384
Property Tax$6,800
Insurance$1,983
%($1,360,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,865
Monthly Cashflow

Rent − PITIA

$-36,302
Full Cashflow

Incl. vacancy, PM, maint, capex

$-43,548

Mortgage (P+I)
$34,384
Cap Rate
-1.62%
Cash-on-Cash
-38.42%
DSCR

Need ≥ 1.25 for DSCR loan

0.16
Break-even Rent
$63,421

NOI (Annual)
$-109,963
Price-to-Rent

Lower = better for investors

82.5

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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