Listing provided courtesy of Voltaire Lepe of eXp Realty of California, Inc.. Last updated . Listing information © 2025 Sandicor.

Asking Price: $8,995,000 | Active​​​​​​​

4017 42nd St, San Diego CA 92105

Community: ​

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This ResidentialIncome property was built in and is priced at $8,995,000. Please see the additional details below.
  • 9,112 Sq Ft
  • 26 bathrooms
  • bedrooms
  • MLS#: 260007745
  • Type: ResidentialIncome
  • Year Built:
Rare investment opportunity󠃢󠂁󠂡󠃢󠂁󠂢󠃢󠂁󠂠󠃢󠂁󠂡󠃢󠂁󠂢󠃢󠂀󠂋 featuring a $49,440/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.

Call or Email The Koop Group now to inquire about this property

619.985.8722