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San Diego Multifamily Investment Opportunity

4017 42nd St, San Diego, CA 92105

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For Sale

$8,995,000

MULTI_FAMILY - San Diego, CA

Property size:

9,112 SF

Lot size:

0.16 Acres

Price / SF:

$987/SF

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
7,000 SF lot with motel zoning
Central forced‑air electric heating

We can help!

Listing Contact

Voltaire Lepe

For Sale

$8,995,000

MULTI_FAMILY - San Diego, CA

Property size:

9,112 SF

Lot size:

0.16 Acres

Price / SF:

$987/SF

Added:: Apr 2, 2026
Days on Market:: 69
Last Refresh:: Jun 9 at 9:06 am

Property Features for 4017 42nd St

General Information

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

Utilities

Heating system: Central, Electric (Heating), Forced Air

Building Details

Number of units: 26

We can help!

Listing Contact

Voltaire Lepe

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

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
7,000 SF lot with motel zoning
Central forced‑air electric heating

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Assisted living facilities

Suggested Use

Location Insight

Map
Local Demand

City: San Diego
County: San Diego
State: California
Longitude: -117.104279
Latitude: 32.75009

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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

4017 42nd St, San Diego, CA 92105

MULTI_FAMILY - San Diego, CA

Property Features for 4017 42nd St

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Commercial Building on University

Well-Maintained Duplex with Detached Garages

Hillcrest Multifamily Investment Opportunity

Industrial Condo Near Otay Border

Townhome-Style Multifamily Property

Corner-Lot Residential Income Triplex

Renovated Duplex with Private Yards

Renovated Triplex with ADU Potential

North Park Multifamily Income Opportunity

Triplex with Private Patio Areas

Two Detached Homes on Corner Lot

San Diego Commercial/Industrial Flex Space

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