550 Ritchey St

5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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.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.
  1. Listed by Chris Jensen • DRE #01875205 • Brokerage DRE #01875205 • Christen Jensen, Broker

Property Details for 550 Ritchey Street

Zoning
R-4:MULTIP
Cross Streets
Woodman St
Source Living Area
Other
Area
Encanto (ENCA)
Lot Size Area
4769
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
LISTING UPDATED: 01/31/2025 02:38 PM

Property Details for 550 Ritchey Street

StatusSold
MLS #240022462SD
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.11 AC / 4,769 SF
CountySan Diego County

Location

Listing Courtesy of Christen Jensen, Broker, Chris Jensen, DRE #01875205

Sold By Regency Real Estate Brokers, Jordan Bennett, DRE #01850869

Add your commute

Building Information for 550 Ritchey Street

Stories2Residences-Year Built1950Building Size-Lot Size0.11 AC / 4,769 SF

Payment Calculator

$6,697 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,697

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 550 Ritchey Street

Community / Development
Community / Development
  • Complex Name: NA
  • Number Of Units: 4
  • Builders Tract Name: Encanto
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Financing: Assumed
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $103,080.00
  • Gross Scheduled Income: $103,080
  • Cap Rate: 7.70%
  • Gross Rent Multiplier: $13.00
  • Other Income1: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.11
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: None
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Assumable, Cash, Conventional, VA
  • Tenant Pays: Electricity, Gas/Propane
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Rent: $3,195.00
  • Unit Actual Rent: $3,195.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 4 Information
  • Unit Baths: 1
  • Unit Rent: $1,195.00
  • Unit Actual Rent: $1,195.00
  • Unit Projected Rent: $1,300.00
  • Like Units: 1

Property History for 550 Ritchey Street

DateEvent & SourcePriceAppreciation
Jan 30, 2025

Sold

CLAW #240022462SD

$1,330,000
Sep 27, 2024

Pending

CLAW #240022462SD

Sep 16, 2024

Listed (Active)

CLAW #240022462SD

$1,345,000
Sep 15, 2024

Withdrawn

CLAW #240016779SD

Jul 19, 2024

Pending

CLAW #240016779SD

Jul 19, 2024

Listed (Active)

CLAW #240016779SD

$1,345,000
Jul 18, 2024

Expired

CLAW #240007127SD

Jul 17, 2024

In Contract

CLAW #240007127SD

Jul 17, 2024

Listed (Active)

CLAW #240007127SD

$1,345,000
Apr 11, 2024

Pending

CLAW #240007127SD

Jan 16, 2024

Listed (Active)

CLAW #240007127SD

$1,345,000
Jan 17, 2022

Sold

CLAW #210028567SD

$1,125,000
Nov 21, 2021

Pending

CLAW #210028567SD

Nov 9, 2021

Price Change

CLAW #210028567SD

$1,175,000
Oct 5, 2021

Withdrawn

CLAW #210025498SD

Sep 15, 2021

Listed (Active)

CLAW #210028567SD

$1,350,000
Aug 24, 2021

Listed (Active)

CLAW #210025498SD

$1,520,000
Jun 26, 2020

Sold

CLAW #200001270SD

$705,000
Jun 26, 2020

Sold

CRMLS #200001270

$705,000
Feb 19, 2020

Pending

CLAW #200001270SD

Feb 19, 2020

Pending

CRMLS #200001270

Jan 8, 2020

Listed (Active)

CLAW #200001270SD

$699,000
Jan 8, 2020

Listed (Active)

CRMLS #200001270

$699,000
Nov 16, 2019

Expired

CRMLS #190039708

$689,000
Nov 16, 2019

Expired

CRMLS #190039687

$689,000
Jul 31, 2019

Price Change

CRMLS #190039708

$689,000
Jul 31, 2019

Price Change

CRMLS #190039687

$689,000
Jul 18, 2019

Listed (Active)

CRMLS #190039708

$699,000
Jul 17, 2019

Expired

CRMLS #190032094

$699,000
Jul 17, 2019

Expired

CRMLS #190030099

$699,000
Jul 17, 2019

Listed (Active)

CRMLS #190039687

$699,000
Jun 11, 2019

Listed (Active)

CRMLS #190032094

$699,000
Jun 1, 2019

Listed (Active)

CRMLS #190030099

$699,000
Aug 13, 2018

Expired

CRMLS #180016243

$675,000
Mar 30, 2018

Listed (Active)

CRMLS #180016243

$675,000
Aug 28, 2015

Sold

CRMLS #150026787

$505,000
Aug 28, 2015

Sold

CLAW #150026787SD

$505,000
Jul 14, 2015

Pending

CRMLS #150026787

Jul 14, 2015

Pending

CLAW #150026787SD

Apr 17, 2015

Listed (Active)

CRMLS #150026787

$499,000
Apr 17, 2015

Listed (Active)

CLAW #150026787SD

$550,000
Dec 11, 2008

Expired

SDMLS #80041948

Jun 10, 2008

Listed (Active)

SDMLS #80041948

$350,000
Mar 31, 2008

Expired

SDMLS #76055232

Jul 9, 2007

Listed (Active)

SDMLS #76055232

$550,000
DateEvent & SourcePrice
01/30/2025

Sold

CLAW #240022462SD

$1,330,000
09/27/2024

Pending

CLAW #240022462SD

09/16/2024

Listed (Active)

CLAW #240022462SD

$1,345,000
09/15/2024

Withdrawn

CLAW #240016779SD

07/19/2024

Pending

CLAW #240016779SD

07/19/2024

Listed (Active)

CLAW #240016779SD

$1,345,000
07/18/2024

Expired

CLAW #240007127SD

07/17/2024

In Contract

CLAW #240007127SD

07/17/2024

Listed (Active)

CLAW #240007127SD

$1,345,000
04/11/2024

Pending

CLAW #240007127SD

01/16/2024

Listed (Active)

CLAW #240007127SD

$1,345,000
01/17/2022

Sold

CLAW #210028567SD

$1,125,000
11/21/2021

Pending

CLAW #210028567SD

11/09/2021

Price Change

CLAW #210028567SD

$1,175,000
10/05/2021

Withdrawn

CLAW #210025498SD

09/15/2021

Listed (Active)

CLAW #210028567SD

$1,350,000
08/24/2021

Listed (Active)

CLAW #210025498SD

$1,520,000
06/26/2020

Sold

CLAW #200001270SD

$705,000
06/26/2020

Sold

CRMLS #200001270

$705,000
02/19/2020

Pending

CLAW #200001270SD

02/19/2020

Pending

CRMLS #200001270

01/08/2020

Listed (Active)

CLAW #200001270SD

$699,000
01/08/2020

Listed (Active)

CRMLS #200001270

$699,000
11/16/2019

Expired

CRMLS #190039708

$689,000
11/16/2019

Expired

CRMLS #190039687

$689,000
07/31/2019

Price Change

CRMLS #190039708

$689,000
07/31/2019

Price Change

CRMLS #190039687

$689,000
07/18/2019

Listed (Active)

CRMLS #190039708

$699,000
07/17/2019

Expired

CRMLS #190032094

$699,000
07/17/2019

Expired

CRMLS #190030099

$699,000
07/17/2019

Listed (Active)

CRMLS #190039687

$699,000
06/11/2019

Listed (Active)

CRMLS #190032094

$699,000
06/01/2019

Listed (Active)

CRMLS #190030099

$699,000
08/13/2018

Expired

CRMLS #180016243

$675,000
03/30/2018

Listed (Active)

CRMLS #180016243

$675,000
08/28/2015

Sold

CRMLS #150026787

$505,000
08/28/2015

Sold

CLAW #150026787SD

$505,000
07/14/2015

Pending

CRMLS #150026787

07/14/2015

Pending

CLAW #150026787SD

04/17/2015

Listed (Active)

CRMLS #150026787

$499,000
04/17/2015

Listed (Active)

CLAW #150026787SD

$550,000
12/11/2008

Expired

SDMLS #80041948

06/10/2008

Listed (Active)

SDMLS #80041948

$350,000
03/31/2008

Expired

SDMLS #76055232

07/09/2007

Listed (Active)

SDMLS #76055232

$550,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 550 Ritchey Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Encanto Elementary School
PublicK to 5

Millennial Tech Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Keiller Leadership Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Christen Jensen, Broker, Chris Jensen, DRE #01875205

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.