550-54 Ritchey St, Encanto, CA 92114

$1,330,000
7
BD
5
BA

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Sold Price
$1,330,000
List Price
$1,345,000
Closing Date
Jan 30, 2025
Days on Market
136
Status
CLOSED
MLS#
240022462
Bedrooms
7
Bathrooms
5
Lot Size(apprx.)
4,769
City
Encanto
Neighborhood
Encanto
Complex/Building Name
Na
Property Type
Multifamily
Year Built
1950

Property 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.

Additional Information

Building Name
Na
Cooling
None
Lot Size
4,769
Neighborhood
Encanto
Roof
Composition
Year Built
1950

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Chris Jensen (858-449-1277) from Listing Office: Christen Jensen, Broker.

Selling Office: Regency Real Estate Brokers.

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