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San Diego Multifamily Investment Opportunity

4017 42nd St San Diego, CA 92105

4017 42nd St, San Diego, CA, 92105
$8,995,000
For Sale
Claim this Listing
$8,995,000

MULTI_FAMILY - San Diego, CA

Property Size9,112 SF
Lot Size0.16 Acres
Price / SF$987.16
AddedApr 2
Days on Market104
Last RefreshJul 14 at 4:06 pm

Property Features for 4017 42nd St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Bathrooms
26
Rooms
Bathroom 8, Bathroom 20, Bathroom 11, Bathroom 10, Bathroom 1, Bathroom 19, Bathroom 18, Bathroom 25, Bathroom 22, Bathroom 21, Bathroom 14, Bathroom 24, Bathroom 3, Bathroom 13, Bathroom 15, Bathroom 5, Bathroom 16, Bathroom 12, Bathroom 6, Bathroom 4, Bathroom 7, Bathroom 9, Bathroom 23, Bathroom 2, Bathroom 26, Bathroom 17
Parking features
Other
Standard status
Active
APN
471-442-11-00
Size
9,112 SF
Lot size
0.16 Acres

Utilities

Heating system
Forced Air, Electric (Heating), Central

Building Details

Number of units
26

Listing agent Voltaire Lepe License #01422464

Listing office eXp Realty of California, Inc. 2603 Camino Ramon Suite 200, San Ramon, CA

Listing date Apr 2, 2026

MLS# 260007745 Listing URL

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.


Investment Insights

Based on property information with market context.

This is an investment opportunity featuring a $48,000/month NNN master lease with House of Metamorphosis, a nonprofit operator with approximately 50 years in business. The property consists of 26 units, each with a private bathroom, designed for supervised residential care. The building has 8,450 square feet with an average unit size of approximately 325 square feet. It is situated on a 7,000 square foot lot and has commercial zoning. The zoning carries entitlement value for SRO and behavioral health uses. Investors can continue operating with a tenant under a NNN structure, or reposition the asset for alternative residential or lodging uses, leveraging the existing 26-unit configuration and flexible zoning. The property is located in San Diego, CA.

Key Highlights

  • $48,000/month NNN master lease with House of Metamorphosis, a nonprofit operator reportedly in business for ~50 years
  • 26‑unit property with each unit featuring a private bathroom for supervised residential care
  • 8,450 SF building with an average unit size of ~325 SF designed to maximize income efficiency

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Assisted living facilities

Suggested Use

Law Firm Real Estate Agency HVAC Service Parking Lot & Garage Skin Care Clinic Tech Support Center Hotel & Motel Locksmith Cosmetic Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Assisted living facility - NNN leased 26-unit property with repositioning potential.
Where is this assisted living facility located?
The property is located at 4017 42nd St San Diego, CA.
What is the asking price?
The asking price for this property is $8,995,000.
What are key features of this property?
This property features: $48,000/month NNN master lease with House of Metamorphosis, a nonprofit operator reportedly in business for ~50 years; 26‑unit property with each unit featuring a private bathroom for supervised residential care; 8,450 SF building with an average unit size of ~325 SF designed to maximize income efficiency
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