4851 Federal Boulevard

San Diego CA 92102

1711 sq. ft.

7200 sq. ft.

Multi-Family

Last sold for $1,000,000

Seth Struiksma, last sold this property on 13 August 2026 after 51 days on market.

Overview

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.

Features

5 bedrooms

3 bathrooms

1711 sq. ft. floor area

7200 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in San Diego over the last 12 months, the estimated median property value of 4851 Federal Boulevard is $1.05m.

Median value

$1.05m

Estimated value range

$918k - $1.33m

Median days on market

Estimated value trend

-12%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in San Diego. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4851 Federal Boulevard

2026

Sold

$1,000,000

13 Aug 2026 by Seth Struiksma, of Compass

2026

Sold

$580,000

10 Mar 2026 by Kobe Zimmerman, of Berkshire Hathaway HomeServices California Properties (San Diego, 92108)

Happy sellers in San Diego

We have insufficient information to provide an overview of customer satisfaction for San Diego. Viewing the agent profiles, reviews and sales for San Diego can provide insights for this location.