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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

$ 2,995,000

Est. payment | -/mo

5 Beds

5 Baths

1,840 SqFt

Save Virtual Tour

$ 2,995,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

5 Baths

1,840 SqFt

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,840 sqft

Price per Sqft $1,627

MLS Listing ID NDP2605544

Bedrooms 5

Full Baths 5

Year Built 1931

Lot Size 3,863 Sqft

Property Sub-Type All Other Attached

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!

Location

State CA

County San Diego

Zoning RS11

Direction Cross street is La Veta Avenue

Interior

Fireplace No

Exterior

View Y/N Yes

Building

Story 1

Sewer Public Sewer

Level or Stories 1

Schools

School District San Dieguito High School Distric

Others

Senior Community No

Tax ID 2563741500

Acceptable Financing Cash, Exchange, Submit

Listing Terms Cash, Exchange, Submit

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2605544

Listed by Chelsea Taylor, DRE#02000553 Swell Property

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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215 Lolita Street Encinitas, CA 92024