$8,995,000
About this home
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.
Facts & features
- Bathrooms
- 0
- Heating
- Forced Air
- Area
- 92105 - East San Diego
- County
- San Diego
- Status
- Active
- Property type
- Mixed Use
- Days on market
- 4
- Listed
- 2026-04-02
- Parcel #
- 4714421100
- MLS #
- 260007745SD
