215 223 Lolita Street, Encinitas, CA 92024

• 1,840 sqft

Property Description

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!

Listing Status:

Active

Date Added:

June 9, 2026

Data Last Updated:

July 5, 2026 at 4:16AM

Listing Office:

Swell Property : 760-452-2345

Listing Agent:

Chelsea Taylor : 760-331-7417

MLS ID:

NDP2605545

Interior

• Laundry: Common Area
• A/C: None
• Heating: None

Exterior

• Pool: None
• Parking: Parking spaces: 0

Construction

• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRP
• County: San Diego

Lot

• Zoning: RS-112563741500

Utilities

• Sewer: Public Sewer

Financial

• Source: CRMLS_CRP