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445-523 Hart Drive, 
El Cajon, CA 92021

$13,200,000

74

Beds

72

Baths

32,800

Sq Ft

Multi-Family

Active

Listed by

Erik M Anderson

Newmark Of Southern California

Last updated:

May 11, 2026, 02:33 PM

MLS#

260010489

Source:

San Diego MLS via CRMLS

About This Home

445-523 Hart Drive

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.

Home Facts

Multi-Family

72 Baths

74 Bedrooms

Price Summary

13,200,000

$402 per Sq. Ft.

MLS #:

260010489

Last Updated:

May 11, 2026, 02:33 PM

Added:

16 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

74

Bathrooms

Total Bathrooms:

72

Full Bathrooms:

48

Interior

Living Area:

32,800 Sq. Ft.

Structure

Structure

Building Area:

32,800 Sq. Ft.

Finances & Disclosures

Finances

Price:

$13,200,000

Price per Sq. Ft:

$402 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.