Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: NDP2605544 $3,095,000 5 Beds /5 Baths
MLS #: NDP2605544 Status: ACTIVE List Price: $3,095,000 Price SQFT: $1,682 City: ENCINITAS
Beds: 5 Baths: 5 SqFt: 1840 Year: 1931 Zip: 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
Listing Photos
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Last Updated: 2026-06-09