Home | San Diego County | San Diego | 92105 | 4017 42nd St
MLS: SD260007745 | Status: | Price: $8,995,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | – | – |
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.
| Field | Value |
|---|---|
| MLS # | SD260007745 |
| MLS Source | San Diego MLS |
| Days on Site | 22 |
| Feature | Details |
|---|---|
| Heating | Central Forced Air - Electric |
| Feature | Details |
|---|---|
| Garage/Parking | Other, Garage: Car(s) |
| Zoning | Commercial |
Voltaire Lepe
eXp Realty of California, Inc.
License #: 01422464
Phone: (619) 852-2222
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 26 | 26 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Central Elementary School | public | K-5 | 0.22 mi | 4 |
| Cherokee Point Elementary School | public | K-5 | 0.44 mi | 3 |
| Rosa Parks Elementary School | public | K-5 | 0.47 mi | 4 |
| Wilson Middle School | public | 6-8 | 0.47 mi | 3 |
| Joyner Elementary School | public | K-5 | 0.57 mi | 4 |
| Franklin Elementary School | public | K-5 | 0.57 mi | 5 |
| Hoover High School | public | 9-12 | 0.64 mi | 4 |
| Euclid Elementary School | public | K-5 | 0.70 mi | 8 |
| Clark Middle School | public | 6-8 | 0.70 mi | 2 |
| Edison Elementary School | public | K-5 | 0.76 mi | 7 |
| Ibarra Elementary School | public | K-5 | 0.89 mi | 7 |
| Normal Heights Elementary School | public | K-5 | 0.91 mi | 5 |
| Hamilton Elementary School | public | K-5 | 1.03 mi | 8 |
| Marshall Elementary School | public | K-5 | 1.09 mi | 7 |
| Adams Elementary School | public | K-5 | 1.14 mi | 7 |
| Fay Elementary School | public | K-5 | 1.19 mi | 2 |
| McKinley Elementary School | public | K-5 | 1.33 mi | 10 |
| Mann Middle School | public | 6-8 | 1.54 mi | 5 |
| Crawford High School | public | 9-12 | 1.62 mi | 4 |
| Jefferson Elementary School | public | K-5 | 1.68 mi | 7 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 3167 Landis St | $7,496,000 | – | – | – | Active |
| 3167 Landis St | $7,496,000 | – | – | – |
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This listing information is up-to-date as of April 06, 2026. For the most current information, please contact Voltaire Lepe, (619) 852-2222.