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26-Unit NNN Master Lease Property
For Sale
$8,995,000

4017 42nd St, San Diego, CA 92105

MULTI_FAMILY - San Diego, CA

Property Size9,112 SF
Lot Size0.16 Acres
Price / SF$987.16
Days on Market150

Property Features for 4017 42nd St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial
Bathrooms 26
Full bathrooms 26
Rooms Bathroom 15, Bathroom 14, Bathroom 9, Bathroom 6, Bathroom 10, Bathroom 1, Bathroom 18, Bathroom 25, Bathroom 3, Bathroom 20, Bathroom 4, Bathroom 7, Bathroom 16, Bathroom 24, Bathroom 5, Bathroom 8, Bathroom 11, Bathroom 19, Bathroom 17, Bathroom 26, Bathroom 21, Bathroom 2, Bathroom 12, Bathroom 22, Bathroom 13, Bathroom 23
Parking features Other
Subdivision EAST SAN DIEGO (92105)
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 Agency: eXp Realty of California, Inc.
Listed By: Voltaire Lepe · License #01422464
Added: Apr 2 Changed: Aug 18 Last Checked: Aug 29 at 12:06AM
MLS# 260007745

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 26-unit multifamily property is designed for supervised residential care, with each unit featuring a private bathroom. The building comprises approximately 8,450 square feet and is operated under a $48,000 per month NNN master lease with House of Metamorphosis, a nonprofit operator described as having about 50 years in business. The property is located on a 7,000 square foot lot at 4017 42nd St, San Diego, CA 92105.

The property is identified as having motel zoning, which the listing describes as providing flexibility for alternative residential or lodging uses. Please note that zoning and use details should be verified for each specific intended use.

Key Highlights

  • 26‑unit property with each unit including a private bathroom, designed for supervised residential care
  • $48,000/month NNN master lease with House of Metamorphosis (nonprofit operator with approximately 50 years in business)
  • 8,450 SF building with average unit size of approximately 325 SF

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Parking Lot & Garage Skin Care Clinic Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,890
Businesses Nearby

Demographics for 92105, CA

66,579
Population
23,862
Households
2.8
Avg Household Size
34
Median Age
21%
College-Educated
71%
High-School Grad
5.8 sq mi
ZIP Area
11,479
Density / Sq Mi
$65,174
Median Household Income
$34,469
Median Earnings
$1,687
Median Rent
$593,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 26-unit building arranged for supervised residential care, with each unit featuring a private bathroom under an NNN master lease.
Where is this apartment building 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: 26‑unit property with each unit including a private bathroom, designed for supervised residential care; $48,000/month NNN master lease with House of Metamorphosis (nonprofit operator with approximately 50 years in business); 8,450 SF building with average unit size of approximately 325 SF
More about this property
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