About 445-523 Hart Drive
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.
Features of 445-523 Hart Drive
| MLS® # | 260010489 |
|---|---|
| Price | $11,750,000 |
| Bedrooms | 74 |
| Bathrooms | 72.00 |
| Full Baths | 48 |
| Half Baths | 24 |
| Square Footage | 32,800 |
| Acres | 1.67 |
| Type | Residential Income |
| Sub-Type | Com-Res Income |
| Status | Active |
Community Information
| Address | 445-523 Hart Drive |
|---|---|
| Area | EL CAJON (92021) |
| City | El Cajon |
| County | San Diego |
| State | CA |
| Zip Code | 92021 |
Amenities
| Amenities | Other/Remarks |
|---|---|
| Parking Spaces | 54 |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Fireplace | Yes |
|---|---|
| # of Stories | 2 |
Additional Information
| Date Listed | May 1st, 2026 |
|---|---|
| Days on Market | 99 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Newmark of Southern California |
|---|