Ad #8012328
MLS #260007745
Rare investment opportunity featuring a $48,000/month NNN master
4017 42nd St, San Diego, CA 92105
$8,995,000
--Beds
26Baths
9,112Sqft
--Acres
About this property
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.
Property Features
0 Beds
26 Baths
9,112 Sqft
0.000 Acres
Other
Forced Air, Electric (Heating), Central
San Diego County
Additional Photos
Contact Information
Voltaire Lepe
eXp Realty of California Inc.
619-852-2222
Location
Listing Agent: Voltaire Lepe (License #: 01422464) 619-852-2222
Broker: eXp Realty of California Inc. 888-584-9427 Listing Site
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: eXp Realty of California Inc. 888-584-9427 Listing Site
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$8,995,000
--
Beds
26
Baths
9,112
Sqft
4017 42nd St, San Diego, CA 92105
By contacting this agent you agree to these Terms and Conditions.
MLS# 260007745
Rare investment opportunity featuring a $48,000/month NNN master
$8,995,000
4017 42nd St, San Diego, CA 92105
--
Beds
26
Baths
9,112
Sqft
--
Acres
$8,995,000
4017 42nd St, San Diego, CA 92105
-- Beds
26 Baths
9,112 Sqft
-- Acres
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.
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Property Details
HOME DETAILS
0 Beds
26 Baths
9,112 Sqft
0.000 Acres
EXTERIOR
Other
INTERIOR
Forced Air, Electric (Heating), Central
FINANCIAL & COMMUNITY
San Diego County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
8012328
Viewed
65 times
Listing Status
Active
Added
Jul 06, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
San Diego MLS
Source Property ID
260007745
Listing Agent: Voltaire Lepe (License #: 01422464) 619-852-2222
Broker: eXp Realty of California Inc. 888-584-9427 Listing Site
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: eXp Realty of California Inc. 888-584-9427 Listing Site
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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