Skip To Content

    550-54 Ritchey St

    San Diego, CA 92114
    • $1,520,000
    • STATUS: ACTIVE
    • ON SITE: 12 days
    • ID#: 210025498
    UPDATED: 54 min ago
    $1,520,000
    • 7
      BEDS
    • 0.11
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,368
      SQFT
    • $642
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Calling all Investors! Here is a chance to own a recently updated 4 unit multi-family complex in Encanto. Excellent opportunity to obtain a property for a long term hold! Perfect for an owner-occupant. Centrally located with public transportation, parks, grocery stores, shops, and restaurants nearby.

    Monthly Payment Calculator

    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 San Diego MLS. 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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/121200751
    Print Image

    550-54 Ritchey St San Diego, CA 92114

    • Price: $1,520,000
    • Status: ACTIVE
    • Updated: 54 min ago
    • ID#: 210025498
    7
    Beds
    4
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,368
    SQFT
    $642
    $/SQFT
    1950
    Built
    Neighborhood:
    Encanto
    County:
    San Diego
    Area:
    Encanto (92114)
    Property Description
    Calling all Investors! Here is a chance to own a recently updated 4 unit multi-family complex in Encanto. Excellent opportunity to obtain a property for a long term hold! Perfect for an owner-occupant. Centrally located with public transportation, parks, grocery stores, shops, and restaurants nearby.
    Exterior Features

    Exterior Stucco Fencing Partial Parking Garage Spaces Unit1 2 Parking Spaces Total Unit1 2.0 Parking Spaces Total Unit2 0.0 Parking Spaces Total Unit3 2.0 Parking Spaces Total Unit4 0.0 Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 0

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 1 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

    Property Features

    Actual Cap Rate 3.0 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 2600 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Encanto Complex Features N/K Complex Park Multi-Family Cross Streets Woodman Gross Rent Multiplier Actual 360.0 Gross Rent Multiplier Project 175.0 Gross Scheduled Income Actual 3600 Gross Scheduled Income Project 7395 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 6.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays TrashCable TvElectricityGas/Propane Terms CashConventional Unit1 Deposit 0 Unit1 Occupied Vacant Unit1 Projected Rent 2300.0 Unit1 Rent Actual 0.0 Unit2 Deposit 1600 Unit2 Occupied Tenant Unit2 Rent Actual 1600.0 Unit3 Deposit 1900 Unit3 Occupied Tenant Unit3 Projected Rent 2500 Unit3 Rent Actual 2000.0 Unit4 Deposit 0 Unit4 Occupied Vacant Unit4 Projected Rent 1100 Unit4 Rent Actual 0.0 Zoning R-4

    Listing provided courtesy of Premiere Homes. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    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 San Diego MLS. 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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_210025498-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_210025498-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_210025498-2.jpg
    Logo
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101