Commercial Sale in San Diego

$8,995,000

4017 42nd St, 92105, San Diego, CA

Commercial Sale for sale in San Diego, 4017 42nd St, 92105

4017 42nd St, 92105, San Diego, CA

$8,995,000

Type: Commercial Sale

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 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.

Location

4017 42nd St, 92105, San Diego, CA

Data

Object TypeCommercial Sale
Purchase Price$8,995,000
Living Space0 m²
Plot SizeN/A
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air
Primary Energy SourceN/A
Construction YearN/A
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

R

Real Estate Agent