4017 42nd St, San Diego, CA, 92105

USD 8,995,000
For Sale

Property Details

Bathrooms

26

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 0 • Bathrooms: 26 • Square Feet: 9112

Description: 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 increas

Location

Address

4017 42nd St, San Diego, CA, 92105

City

San Diego

Features and Finishes

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