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4017 42nd St
San Diego CA 92105 US

$8,995,000

Active Listing ID 260007745
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1.00 Bath (26 Full)
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Other

$8,995,000

Active Listing ID 260007745
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4017 42nd St 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 26
  • Heating Fuels: Electric (Heating), Forced Air, Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 8995000
  • unparsedaddress: 4017 42nd St
  • postalcity: San Diego
  • stateorprovince: CA
  • country: US
  • postalcode: 92105
  • bathroomsfull: 26
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 9112
  • livingareaunits: Square Feet
  • latitude: 32.75009
  • longitude: -117.104279
  • listagentfullname: Voltaire Lepe
  • listagentemail: offers@lepetendwell.com
  • listagentkey: 3yd-SANDICOR-630418
  • listagentmlsid: 630418
  • listagentpreferredphone: 6198522222
  • listagentofficephone: 8885849427
  • listofficekey: 3yd-SANDICOR-31154
  • listagentstatelicense: 01422464
  • listofficemlsid: 5963
  • disclaimer: 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.
  • sourcesystemid: SANDICOR
  • listingcontractdate: 2026-04-02
  • listagentfax: 6196388111
  • listagenturl: https://www.exprealty.com
  • countyorparish: San Diego
  • parcelnumber: 471-442-11-00
  • heating: Electric (Heating), Forced Air, Central
  • numberofunitstotal: 26
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Other
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -117.10428, 32.75009
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty of California Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"offers@lepetendwell.com", "ListBrokerageCity":"San Ramon", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Listhub@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"eXp Realty of California Inc.", "ListBrokeragePhone":"(888) 584-9427 x119", "ListBrokeragePostalCode":"94583", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 200", "ListBrokerageUnparsedAddress":"2603 Camino Ramon", "ListBrokerageWebsiteUrl":"https://www.exprealty.com", "ListOfficeAddress1":"2603 Camino Ramon Suite 200 ", "ListOfficeAddress2":"Suite 200", "ListOfficeBrokerMlsId":"31154", "ListOfficeCity":"San Ramon", "ListOfficeCountry":"USA", "ListOfficeEmail":"ca.broker@exprealty.com", "ListOfficePostalCode":"94583", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - San Diego, CA", "ListingURL":null, "MLSModificationTimestamp":"2026-04-06 19:27:29", "Neighborhoods":[{"Description":null, "Name":"EAST SAN DIEGO (92105)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/6/2026 7:33:00 PM GMT
Source Updated Date: 4/8/2026 12:58:13 PM GMT

Courtesy of: Voltaire Lepe, eXp Realty of California, Inc., offers@lepetendwell.com

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.