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$8,995,000
( )
 $48,287 est/mo Sourced by Back At You

4017 42nd St,San Diego, CA 92105

San Diego, CA 92105

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Description

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 usesan 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.

Details

MLS #260007745SD
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Days On Site144
Listing Provided ByeXp Realty of California, Inc. | Voltaire Lepe

Features

Units26
Building(s)1
ZoningCommercial

Interior

HeatingForced Air
Heating Yes / NoYes
Cooling Yes / NoYes

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92105
Area92105 East San Diego
Listing VS Median (in 92105)
Price:
$8,995,000
low | high
Med:
$692,500
100% of Average
On site:
144
low | high
Med:
24
100% of Average
Sourced by Back At You

Market Activity 92105

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Learn More About This Property

Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountySan Diego
CitySan Diego
Zip Code92105
Area92105 East San Diego
Listing VS Median (in 92105)
Price:
$8,995,000
low | high
Med:
$692,500
100% of Average
On site:
144
low | high
Med:
24
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $6.746M - $11.243M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
4022 42nd Street Property Photo 1
$3,100,000
4022 42nd Street
San Diego, CA 92105
3851 42nd Street Property Photo 1
$1,239,900
3851 42nd Street
East San Diego, CA 92105
Listing Updated: August 21, 2026 at 11:01:54 PM PDT
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