Recently Listed Open House 7/5 12pm - 3pm
4851 Federal Blvd
San Diego, CA, 92102 $ 999,000
Bedrooms5 Baths3.0 Monthly Estimate*
$ 6,308
for $999,000 with 5 bedrooms and 3 full baths. This home was built in 1947 on a lot size of 0.165289.
Fully remodeled two-unit property in Webster offering an exceptional opportunity for owner-occupants, investors, or multi-generational living. Featuring a beautifully updated 3-bedroom, 2-bath residence and a spacious 2-bedroom, 1-bath residence, this turnkey property is perfect for living in one home while generating rental income from the other or maximizing cash flow as a fully leased investment. Both residences have been thoughtfully renovated with designer-inspired finishes, remodeled kitchens and bathrooms, updated windows, bright open living spaces, functional floor plans, AC, and their own laundry hookups, allowing each home to operate independently while providing modern comfort throughout. A standout feature is the abundance of private outdoor space. The front residence enjoys a fully enclosed grassy yard ideal for pets, entertaining, or relaxing, while the rear residence offers its own private yard, creating a level of privacy and separation rarely found in comparable two-unit properties. The generous driveway provides ample off-street parking with easy access for multiple vehicles. Conveniently located near major freeways, shopping, restaurants, parks, and Downtown San Diego, this move-in-ready property offers the perfect blend of modern upgrades, lifestyle flexibility, and income potential. Whether you're looking to offset your mortgage, expand your investment portfolio, or create the ideal multi-generational living arrangement, this beautifully renovated property is a rare opportunity to own a turnkey two-unit asset in the heart of San Diego.
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Open House
7/5/2026 12:00 PM - 3:00 PM
4851 Federal Blvd San Diego, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralHeating Forced Air Unit
Cooling Central Forced Air Wall/Window
Utilities Sewer Connected
Possession Close of Escrow
Roof Composition Other/Remarks
Zoning R-1:SINGLE
HOA Fee 0.0
Association Fee Includes N/K
Pool Features N/K
Security Features N/K
Construction Materials Stucco
Pets Allowed Yes
Year Built 1947
Tenant Pays N/K
Levels 1 Story
Property Subtype Res Income 2-4 Units
Building Name none
County San Diego
Operating Expense 0.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Webster Heights (WBHT)
Full Baths 3
Status ACTIVE
City San Diego
Senior Community Y/N N
Number Of Units Total 2
MLS Area Metro Central
Lot Size Units Acres
Lot Size Square Feet 7200.0
Spa Features N/K
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/260015110
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 0.0
Freehold IDX
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ExteriorFencing Full
Water Source Meter on Property
Lot Size Area 0.17
Number of Buildings 1
Building Area Total 1711.0
Frontage Type N/K
Waterfront Y/N N
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InteriorTotal Stories 1
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 5
Total Baths 3
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* Excluded FeaturesList BySeth StruiksmaListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $6,308
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in San Diego, CA
Average List Price $2,174,699
Percent of Sale Price 118%
About San Diego, CA 1,417,428 Population
15% Since 2002
$ 72,408 Median Income
36.37 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/1/2026 | $999,000 | | Listed Price |