4851 Federal Blvd, San Diego, California 92102, San Diego, 92102 - 4 bed, 2 bath

4851 Federal Blvd, San Diego, California 92102 home-pic-0
ACTIVE$725,000$1,488/sqft
Est. Value: $743,028
2%
FairlyEstimate
4851 Federal Blvd, San Diego, California 92102
4Beds
2Baths
1,488Sqft
7,200Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $725,000.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1488.
Top Cons:
As-Is Condition: The property is being offered 'as-is,' indicating that the seller will not make repairs, and the buyer will be responsible for any necessary updates, maintenance, or fixes, which could entail significant upfront costs.

Compared to the nearby listings

Price:$725.0K vs avg $812.0K ($-87,000)37%
Size:1,488 sqft vs avg 1,314 sqft67%
Price/sqft:$487 vs avg $72318%

More Insights

Built in 1947 (79 years old).
Condition: Built in 1947 and offered 'as-is,' this property requires substantial repairs and rehabilitation. The kitchen is extremely dated with old tile countertops, worn cabinets, and an outdated style. The living areas feature very old green carpet and dated fixtures, indicating no major renovations in decades. The property analysis explicitly states 'Age of Property & Systems' and 'Immediate Investment Required,' suggesting major systems likely need replacement. It is not move-in ready and will require a significant overhaul to meet modern standards.
Year Built
1947
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$487
HOA
-
Days on market
-
Sold On
-
MLS number
2600226SD
Home ConditionPoor
Features
View-

About this home

This single-story home features 4 bedrooms and 2 bathrooms, offering approximately 1,488 square feet of living space. The property is being offered as-is, offering potential for a buyer to update, refresh, or reimagine the space to suit their needs. The existing floor plan provides flexibility for thoughtful improvements while retaining the character of a classic San Diego home. The spacious yard offers room for outdoor living, gardening, or landscaping enhancements, creating potential for a private and enjoyable exterior setting. Situated in an established San Diego neighborhood, the home benefits from convenient access to nearby amenities, schools, and major freeways. No HOA. This property offers an opportunity for buyers looking to personalize a home, restore its charm, or create a space that reflects their own style and vision.

K
Kobe Zimmerman
Listing Agent
Condition Rating
Poor

Built in 1947 and offered 'as-is,' this property requires substantial repairs and rehabilitation. The kitchen is extremely dated with old tile countertops, worn cabinets, and an outdated style. The living areas feature very old green carpet and dated fixtures, indicating no major renovations in decades. The property analysis explicitly states 'Age of Property & Systems' and 'Immediate Investment Required,' suggesting major systems likely need replacement. It is not move-in ready and will require a significant overhaul to meet modern standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1488.
Prime Location & Accessibility: Situated in an established San Diego neighborhood, the home benefits from convenient access to nearby amenities, schools, and major freeways, enhancing its desirability and future value.
No Homeowners Association (HOA): The absence of an HOA provides financial savings on monthly dues and offers greater freedom for property modifications and personal expression without restrictive community rules.
Spacious Yard Potential: The generous 7,200 sqft lot offers a spacious yard with ample room for outdoor living, gardening, landscaping enhancements, or even potential expansion, creating a private and enjoyable exterior setting.
Customization & Renovation Opportunity: The property presents a significant opportunity for buyers to update, refresh, or reimagine the space to suit their specific needs and style, allowing for personalized improvements and value creation.
Functional Layout & Bedroom Count: This single-story home features a practical 4-bedroom, 2-bathroom layout across 1,488 sqft, providing a desirable and functional living space suitable for families or those needing extra rooms.

Cons

As-Is Condition: The property is being offered 'as-is,' indicating that the seller will not make repairs, and the buyer will be responsible for any necessary updates, maintenance, or fixes, which could entail significant upfront costs.
Age of Property & Systems: Built in 1947, the home is an older property, which may imply that major systems (plumbing, electrical, HVAC) and structural components could require significant upgrades or replacement to meet modern standards and ensure long-term reliability.
Immediate Investment Required: While offering customization potential, the current condition and age of the home suggest that a substantial immediate investment will be necessary for renovations and upgrades to enhance its functionality, aesthetics, and overall market value.
Browse Properties by State Browse housing market trends by state