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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.
Property Type(s):
Commercial
| Last Updated | 4/2/2026 | Year Built | 0 |
|---|---|---|---|
| Community | 92105 - East San Diego | County | San Diego |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 92105 - East San Diego |
| HEAT | Forced Air |
| LOT | 0 |
Location
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Listed with eXp Realty of California, Inc.
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