4017 42nd St, San Diego, CA 92105
4017 42nd St, San Diego, CA 92105
4017 42nd St, San Diego, CA 92105
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Monica Franco

Monica Franco

+1(951) 538-6607
$8,995,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260007745SD

HOA Y/N No

Property Sub-Type Mixed Use

Property 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 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.

Location

State CA

County San Diego

Area 92105 - East San Diego

Zoning Commercial

Interior

Heating Forced Air

Fireplace No

Others

Tax ID 4714421100

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Listed by Voltaire Lepe eXp Realty of California, Inc. #01422464

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Monica Franco

Monica Franco

+1(951) 538-6607

Agent License ID: 01743095

Agent License ID: 01743095

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