Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: NDP2605544 $2,995,000
5 Bedrooms with 5 Baths215 LOLITA STREET
ENCINITAS CA 92024MLS: NDP2605544
Status: ACTIVE
List Price: $2,995,000
Price per SQFT: $1,628
Square Footage: 18405 Bedrooms
5 Baths
Year Built: 1931
Zip Code: 92024
Listing Remarks
Authentic coastal character, walk-to-beach location, and income from day one! 215-223 Lolita Street is the rare gem that captures the soul of old Encinitas. This five-unit coastal income property sits just three blocks, or 0.2 miles, from the sand of Moonlight Beach. Whether you're an investor seeking a turnkey opportunity or an owner-occupant craving the beach lifestyle, this one checks every box. The building consists of four cozy one-bedroom units and one charming studio with a loft, a versatile mix that appeals to a wide range of tenants and keeps vacancy low in this perpetually sought-after coastal market. The current ownership has invested heavily in the fundamentals. The entire property has been re-piped with hardline galvanized pipes, new roof vents installed, and every unit equipped with a new heater. A new commercial-grade water heater serves the building, and the studio features a fully remodeled bathroom giving the next owner true peace of mind. A comprehensive renovation in 2010 modernized the interiors throughout, including remodeled kitchens and bathrooms, upgraded plumbing and electrical, sound insulation between each unit, and beautiful bamboo flooring, all hallmarks of a well-loved, well-maintained property. Income properties just a short stroll to the sand in Encinitas are as coveted as they are scarce, don't let this one slip by!
Address: 215 LOLITA STREET ENCINITAS CA 92024
Listing Agent: CHELSEA TAYLOR of SWELL PROPERTY 760-331-7417
Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard BEDROOMS: 5 BATHROOMS FULL: 5 BATHROOMS HALF: 0 LIVING AREA SQ FT: 1840 BUILDING AREA TOTAL: 1840 YEAR BUILT: 1931 FIREPLACE: N/K COOLING: N/K # GARAGE SPACES: 0 PROPERTY TYPE: Residential PROPERTY SUB TYPE: All Other Attached POOL FEATURES: N/K STORIES TOTAL: 1 VIEW: N/K LISTING AGENT: CHELSEA TAYLOR LISTING OFFICE: SWELL PROPERTY LISTING CONTACT: 760-331-7417
Estimated Monthly Payments
List Price: $2,995,000 20% Down Payment: $599,000 Loan Amount: $2,396,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $15,144 Estimate does not include taxes, fees, insurance.
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Property Location: 215 LOLITA STREET ENCINITAS CA 92024
This Listing
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Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
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Last Updated: 2026-07-24