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445-523 Hart Drive, El Cajon, CA 92021

El Cajon
Local realty services provided by:CENTURY 21 Masters
445-523 Hart Drive,El Cajon, CA 92021
$11,750,000
Virtual Tour
  • 74 Beds
  • 72 Baths
  • 32,800 sq. ft.
  • Multi-family
  • Active
Listed by: erik m anderson
Office: newmark of southern california
MLS#:260010489
Source:San Diego MLS via CRMLS

Price summary

  • Price:$11,750,000
  • Price per sq. ft.:$358.23

About this home

Price reduced $1,450,000. We are pleased to present Hart Townhomes, a 24-unit townhome community in El Cajon offered by the original developer. - Built 1991, comprehensively renovated 2016 to 2019 - 22 three bedroom homes (1,350 SF) and 2 four bedroom homes (1,550 SF) - Every home: attached duet, two car garage, private yard, fireplace, in-unit laundry - Tentative map contemplating individual townhome sales - 98% historical occupancy with four plus year average tenant tenure - In-place rents approximately 12% below market - Comparable El Cajon townhomes averaged $681,000 over trailing twelve months - Only 22.8% of El Cajon apartments contain three bedroom units; just 2.3% include four bedroom units Stabilized cash flow with embedded mark-to-market upside and condominium disposition optionality.

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Home facts

  • Listing ID #:260010489
  • Added:92 day(s) ago
  • Updated:August 02, 2026 at 02:00 PM

Rooms and interior

  • Bedrooms:74
  • Total bathrooms:72
  • Full bathrooms:48
  • Half bathrooms:24
  • Living area:32,800 sq. ft.

Structure and exterior

  • Building area:32,800 sq. ft.

Finances and disclosures

  • Price:$11,750,000
  • Price per sq. ft.:$358.23

Parking

  • Total parking spaces:54
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Randy Thompson

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