Amazing 4-plex investment opportunity with low interest, high principal assumable VA loan available. Wonderful location near schools, park, Boys & Girls club, freeways, and more. One standalone 4/2 home with new roof, and a three unit building (2/1, 1/1, Studio). All of the units are permitted and have been updated for the modern renter. One of the few investment opportunities in San Diego with immediate cash flow potential. Current Matterport 3D scans available for serious buyers.
Sold for $1,330,000
$1,330,000
550-54 Ritchey St, San Diego, CA 92114
7beds
--sqft
Multi Family
Built in 1950
-- sqft lot
$252,800 Zestimate®
$--/sqft
$3,427 Estimated rent
Home value
$252,800
$217,000 - $291,000
$3,427/mo
Zestimate® history
Owner options
List your home for rent
$3,427/mo
Rent Zestimate®
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$3,427/mo
Rent Zestimate®
Refinance and save
$8,469/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$8,469/mo
Est. payment
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List your homeWhat's special
New roof
Zillow last checked:
Listing updated:
Listed by:
Chris Jensen DRE #01875205 858-449-1277,
Christen Jensen, Broker
Bought with:
Jordan Bennett, DRE #01850869
Regency Real Estate Brokers
Source: SDMLS,MLS#: 240022462
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Cooling
- N/K
Interior area
- Total structure area: 2,250
Property
Features
- Levels: 2 Story
- Fencing: Partial
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 5491821300
- Zoning: R-4:MULTIP
- Zoning description: R-4:MULTIP
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1950
Community & HOA
Community
- Security: N/K
- Subdivision: ENCANTO
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,193,858
- Annual tax amount: $15,511
- Date on market: 9/16/2024
- Listing terms: Assumable,Cash,Conventional,VA
- Tenant pays: Electricity, Gas/Propane
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2025 | Sold | $1,330,000-1.1% |
Source:  SDMLS #240022462 Report a problem | ||
| 9/27/2024 | Pending sale | $1,345,000 |
Source: SDMLS #240022462 Report a problem | ||
| 9/20/2024 | Listed for sale | $1,345,000 |
Source: SDMLS #240022462 Report a problem | ||
| 7/21/2024 | Pending sale | $1,345,000 |
Source: SDMLS #240016779 Report a problem | ||
| 7/18/2024 | Listed for sale | $1,345,000 |
Source: SDMLS #240007127 Report a problem | ||
| 4/13/2024 | Pending sale | $1,345,000 |
Source: SDMLS #240007127 Report a problem | ||
| 4/4/2024 | Listed for sale | $1,345,000+19.6% |
Source: SDMLS #240007127 Report a problem | ||
| 1/18/2022 | Sold | $1,125,000-4.3% |
Source: SDMLS #210028567 Report a problem | ||
| 11/23/2021 | Pending sale | $1,175,000 |
Source: SDMLS #210028567 Report a problem | ||
| 11/10/2021 | Price change | $1,175,000-13% |
Source:  CRMLS #210028567 Report a problem | ||
| 10/11/2021 | Listed for sale | $1,350,000-11.2% |
Source: SDMLS #210028567 Report a problem | ||
| 10/6/2021 | Listing removed | -- |
Source: SDMLS #210025498 Report a problem | ||
| 9/15/2021 | Listed for sale | $1,520,000+115.6% |
Source: SDMLS #210025498 Report a problem | ||
| 6/29/2020 | Sold | $705,000+0.9% |
Source: Public Record Report a problem | ||
| 4/13/2020 | Pending sale | $699,000 |
Source: South Coast Commercial, Inc. #200001270 Report a problem | ||
| 4/13/2020 | Listed for sale | $699,000 |
Source: South Coast Commercial, Inc. #200001270 Report a problem | ||
| 2/19/2020 | Listing removed | $699,000 |
Source: South Coast Commercial, Inc. #200001270 Report a problem | ||
| 1/8/2020 | Listed for sale | $699,000+1.5% |
Source: South Coast Commercial, Inc. #200001270 Report a problem | ||
| 10/8/2019 | Listing removed | $689,000 |
Source: South Coast Commercial, Inc. #190039708 Report a problem | ||
| 7/31/2019 | Price change | $689,000-1.4% |
Source: South Coast Commercial, Inc. #190039708 Report a problem | ||
| 6/1/2019 | Listed for sale | $699,000+38.4% |
Source: South Coast Commercial, Inc. #190030099 Report a problem | ||
| 8/28/2015 | Sold | $505,000+204.2% |
Source: Public Record Report a problem | ||
| 5/10/2010 | Sold | $166,000-47% |
Source: Public Record Report a problem | ||
| 8/5/2009 | Sold | $313,031 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,511 +7.6% | $1,193,858 +2% |
| 2024 | $14,421 +2.3% | $1,170,450 +2% |
| 2023 | $14,102 +51.8% | $1,147,500 +50.9% |
| 2022 | $9,289 +5.4% | $760,548 +6.8% |
| 2021 | $8,815 +31.7% | $712,303 +31.6% |
| 2020 | $6,694 +2.4% | $541,267 +2% |
| 2019 | $6,538 +6.3% | $530,655 +2% |
| 2018 | $6,148 +2.4% | $520,251 +2% |
| 2017 | $6,002 +0.7% | $510,050 +1% |
| 2016 | $5,963 +156.3% | $505,000 +158.6% |
| 2015 | $2,326 +11.1% | $195,281 +11.7% |
| 2014 | $2,095 | $174,790 +0.5% |
| 2013 | -- | $174,002 +2% |
| 2012 | -- | $170,591 +2% |
| 2011 | -- | $167,248 +19.5% |
| 2010 | -- | $140,000 +157.7% |
| 2009 | -- | $54,327 +2% |
| 2008 | -- | $53,263 +2% |
| 2007 | -- | $52,219 +2% |
| 2006 | -- | $51,196 +2% |
| 2005 | -- | $50,193 +2% |
| 2004 | -- | $49,210 +1.9% |
| 2003 | -- | $48,309 +2% |
| 2002 | -- | $47,363 +2% |
| 2001 | -- | $46,435 |
Find assessor info on the county website
Neighborhood: Skyline
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Nearby schools
GreatSchools rating
- 4/10Encanto Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Millennial Tech Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Lincoln High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$252,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$252,800
- California
- San Diego County
- San Diego
- 92114
- Skyline
- 550-54 Ritchey St
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