445-523 Hart Drive, El Cajon, CA 92021

El Cajon
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
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:155 day(s) ago
  • Updated:October 04, 2026 at 01:58 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
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