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4017 42nd St, San Diego, CA 92105

San Diego
Local realty services provided by:CENTURY 21 Masters
4017 42nd St,San Diego, CA 92105
$8,995,000
Virtual Tour
  • - Beds
  • 26 Baths
  • 9,112 sq. ft.
  • Multi-family
  • Active
Listed by: voltaire lepe
Office: exp realty of california, inc.
MLS#:260007745
Source:San Diego MLS via CRMLS

Price summary

  • Price:$8,995,000
  • Price per sq. ft.:$987.16

About this home

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...

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Home facts

  • Listing ID #:260007745
  • Added:117 day(s) ago
  • Updated:August 02, 2026 at 02:00 PM

Rooms and interior

  • Total bathrooms:26
  • Full bathrooms:26
  • Living area:9,112 sq. ft.

Heating and cooling

  • Heating:Central Forced Air Elec

Structure and exterior

  • Building area:9,112 sq. ft.

Finances and disclosures

  • Price:$8,995,000
  • Price per sq. ft.:$987.16
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Randy Thompson

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