215 223 Lolita Street, Encinitas, CA 92024 (MLS # NDP2605545)

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PRICE $3,095,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 1,840 sqft
LOT SIZE 3,864 sqft

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!

DAYS ON MARKET 7 LAST UPDATED 6/9/2026
YEAR BUILT 1931 COMMUNITY 92024 - Encinitas
COUNTY San Diego STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA 92024 - Encinitas
HEAT None
LOT 3864 sq ft
LOT DESCRIPTION Landscaped
LOT DIMENSIONS 3863
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
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Listed with Swell Property

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