858-525-5007

445 Hart Drive, El Cajon CA 92021 | $11,750,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Commercial/Residential
  • Stories: 0
  • Year Built: 0
  • MLS#: 260010489SD
  • Community: 92021 - El Cajon

Listing provided courtesy of Erik Anderson of Newmark of Southern California. Last updated 2026-06-24 08:26:24.000000. Listing information © 2025 SANDICOR.

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.

More Details

Parking Spots: 54.00

David Piper​

Call or Text: 858-525-5007

DRE# 02021985