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 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.