$8,995,000
4017 42nd St
San Diego, CA 92105
Listing agent: Voltaire Lepe, eXp Realty of California, Inc.
Last updated Oct 5, 2026, 9:38 AM
Key details
About this home
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.
Features
- Central Forced Air Elec
- Other/Remarks
Home facts
Monthly payment
Estimate only. The rate, tax, and insurance figures are editable placeholders, not a lender quote.
- Principal and interest $45,483.61
- Property tax $8,245.42
- Insurance $2,623.58
- HOA $0.00
Comments
No comments yet.
Location
Similar homes
Open house · Oct 17, 2026, 12:00 PM–3:00 PM4 bed · 2 bath · 0 ft²
2450 A st, San Diego, CA 92102
Listing agent: Craig Schniepp, Berkshire Hathaway HomeServices California Properties
Last updated Oct 16, 2026, 2:37 PM
Open house · Oct 18, 2026, 12:00 PM–1:00 PM2 bed · 2 bath · 966 ft²
4040 Porte La Paz #71, San Diego, CA 92122
Listing agent: Noa Porter, LPT Realty, Inc
Last updated Oct 16, 2026, 2:37 PM
Open house · Oct 18, 2026, 12:00 PM–3:00 PM2 bed · 3 bath · 1,470 ft²
10148 Dafne Ln, San Diego, CA 92124
Listing agent: Misha Belous, Keller Williams Realty-SDNI
Last updated Oct 16, 2026, 2:23 PM
Open house · Oct 18, 2026, 3:00 PM–6:00 PM3 bed · 2 bath · 1,681 ft²
5951 Lomond Dr, San Diego, CA 92120
Listing agent: Maxine Gellens, Berkshire Hathaway HomeServices California Properties
Last updated Oct 16, 2026, 9:38 AM
SDMLSListing data provided by San Diego MLS. Information deemed reliable but not guaranteed. Homes By Hive is not the listing broker. Each home names the listing agent and listing office.