Recently Listed Open House 7/3 12pm - 3pm
4851 Federal Blvd
San Diego, CA, 92102 $ 999,000
Baths0.0 Monthly Estimate*
$ 6,308
Studio for $999,000. This home was built in 1947 on a lot size of 0.1653.
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.
See more
Open House
7/3/2026 12:00 PM - 3:00 PM
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 Electric Forced Air
Cooling Central Air Wall/Window Unit(s)
Possession Close Of Escrow
Roof Composition
Zoning R-1:SINGLE
HOA Fee 0
Pool Features None
Year Built 1947
Stories Count 1
Levels One
County San Diego
Net Operating Income 0
Property Type Residential Income
Status Active
Directions CrossStreet: Federal Blvd & 49th St
City San Diego
Senior Community Y/N false
Number Of Units Total 2
MLS Area 92102 - San Diego
Lot Size Units Square Feet
Lot Size Square Feet 7200
Listing Terms Cash Conventional FHA VA Loan
Spa Features None
Virtual Tour https://www.propertypanorama.com/instaview/snd/260015110
Standard Status Active
Cap Rate 0
See more
InteriorTotal Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
See more
ExteriorTotal Parking 0
Lot Size Area 7200
Park Name none
Number of Buildings 1
Spa true
Lot Size Acres 0.1653
Private Pool false
Lot Size Source Assessor
See more
* Excluded FeaturesList Byseth.struiksma@compass.comEmail
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 $2,205,812
Percent of Sale Price 121%
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.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/1/2026 | $999,000 | | Listed Price |