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$1,000,000
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Property Description
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.
Full Property Details
Full Property Details for 4851 Federal Blvd
General
- Sold For: $1,000,000
- Status: Closed
- Type: Multi-Family
- Source: SANDICOR
- MLS ID: 260015917
- Added to Site: 51 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
Location
- Area: SAN DIEGO (92102)
- County: San Diego
- Subdivision: Webster Heights (WBHT)
- Neighborhood: Webster
Community
- Assoc. Fees Include: N/K
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Forced Air, Wall/Window Air Conditioning
- Heating Type: Forced Air Unit
- Heating Fuel: Electric
Utilities
- Water: Meter on Property
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Stucco
- Roof: Composition, Other (See Remarks)
- Stories/Levels: 1
- Square Feet: 1,711
- Year Built: 1947
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,200
- Lot Size: .17
- Irrigation System: Automatic
- Zoning: R-1:SINGLE
- Fencing (Description): Full
Financial Considerations
- Terms: Cash, Conventional, FHA, VA
Disclosures and Reports
- Property ID: 541-340-13-00
Listed by Compass (619) 353-5799, Seth Struiksma
Sold by Southern California Realty (714) 448-4699, Miriam de la Mora
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Schools
Schools serving 4851 Federal Blvd
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Webster Elementary School, San Diego, CA 4801 Elm Street, San Diego, CA 92102 | K-5 | 0.2 mi |
Millennial Tech Middle School 1110 Carolina Lane, San Diego, CA 92102 | 6-8 | 0.3 mi |
Lincoln High School 4777 Imperial Avenue, San Diego, CA 92113 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4851 Federal Blvd
Date
Details
Price
Change
Source
8/13/2026
Sold
$1,000,000
0.1%
MLS
7/01/2026
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4851 Federal Blvd, San Diego, CA 92102 (MLS# 260015917) is a Multi-Family property that was sold at $1,000,000 on August 13, 2026. Want to learn more about 4851 Federal Blvd? Do you have questions about finding other Multi-Family real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.

