215 223 Lolita Street, Encinitas, CA 92024
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
Listed by: chelsea taylor
Office: swell property760-452-2345
MLS#:NDP2605544
Source:CRMLS
Price summary
- Price:$2,995,000
- Price per sq. ft.:$1,627.72
About this home
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!...
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Home facts
- Year built:1931
- Listing ID #:NDP2605544
- Added:54 day(s) ago
- Updated:August 03, 2026 at 10:51 AM
Rooms and interior
- Bedrooms:5
- Full bathrooms:5
- Living area:1,840 sq. ft.
Structure and exterior
- Year built:1931
- Building area:1,840 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Landscaped
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$1,627.72
Features and amenities
- Laundry features:Outside
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