Property Details
About this Property
Rare investment opportunity featuring a $48,000/month NNN master lease with House of Metamorphosis, a well-established nonprofit operator with approximately 50 years in business, delivering stable, predictable income with minimal landlord responsibility. The property consists of 26 units, each with a private bathroom, purposefully designed for supervised residential care. The 8,450 SF building offers an average unit size of approximately 325 SF, maximizing income efficiency. Situated on a 7,000 SF lot with motel zoning, the property presents limited land value contribution; however, the zoning carries significant embedded entitlement value for SRO and behavioral health uses—an increasingly scarce and difficult-to-replicate asset class in San Diego. Investors are presented with a dual-path opportunity: continue operating with a reputable, long-term tenant under a true NNN structure, or reposition the asset for alternative residential or lodging uses, leveraging the existing 26-unit configuration and flexible zoning.
MLS Listing Information
MLS #
SD260007745
MLS Source
San Diego MLS
Days on Site
3
Interior Features
Heating
Central Forced Air - Electric
Parking, School, and Other Information
Garage/Parking
Other, Garage: Car(s)
Zoning
Commercial
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 26 | 26 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4017 42nd St is a Residential Income in San Diego, CA 92105. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $8,995,000 and was built in –. This address can also be written as 4017 42nd St, San Diego, CA 92105.
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This listing information is up-to-date as of April 02, 2026. For the most current information, please contact Voltaire Lepe, (619) 852-2222
