Properties

San Diego, CA 92105 4017 42nd St

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Presented By: Voltaire Lepe with eXp Realty of California, Inc.;
  • MLS# 260007745SD
  • 04/02/2026
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Home Details

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 usesโ€”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.
Presented By: Voltaire Lepe with eXp Realty of California, Inc.;

Interior Features for 4017 42nd St

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes

General for 4017 42nd St

Cap Rate6.4
CitySan Diego
CountySan Diego
HOA Fee$
HeatingForced Air
MLS Area92105 - East San Diego
Number Of Units Total26
Operating Expense0
PostalCitySAN DIEGO
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
Standard StatusActive
StatusActive
ZoningCommercial

Exterior for 4017 42nd St

Number of Buildings1
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $8,995,000
MLS#260007745SD
List Date 04/02/2026
Property Type Commercial
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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The Woodlands, TX 77380
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