Home | San Diego County | El Cajon | 92021 | 445-523 Hart Drive
MLS: SD260010489 | Status: | Price: $13,200,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 1.67 | – |
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.
| Field | Value |
|---|---|
| MLS # | SD260010489 |
| MLS Source | San Diego MLS |
| Days on Site | 15 |
Erik Anderson
Newmark of Southern California
License #: 01991182
Phone: (858) 395-6935
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 12 | – | 24 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $7,560 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Magnolia Elementary School | public | K-5 | 0.23 mi | 2 |
| Naranca Elementary School | public | K-6 | 0.72 mi | 3 |
| Cajon Valley Middle School | public | 6-8 | 0.86 mi | 4 |
| Johnson Elementary School | public | K-5 | 0.97 mi | 7 |
| El Cajon Adult Center | public | UG | 0.99 mi | N/A |
| El Cajon Valley High School | public | 9-12 | 1.00 mi | 3 |
| Empower Academy | public | K-8 | 1.05 mi | N/A |
| Pepper Drive Elementary School | public | K-8 | 1.16 mi | 6 |
| Flying Hills Elementary School | public | K-8 | 1.44 mi | 4 |
| Merit Academy | public | 9-12 | 1.45 mi | N/A |
| Idea Center | public | 9-12 | 1.45 mi | 3 |
| Chaparral High School | public | 9-12 | 1.45 mi | 1 |
| Greenfield Middle School | public | 6-8 | 1.52 mi | 4 |
| Lexington Elementary School | public | K-5 | 1.62 mi | 1 |
| W. D. Hall Elementary School | public | K-5 | 1.72 mi | 2 |
| Elite Academy | public | 9-12 | 1.76 mi | N/A |
| Reach Academy | public | 9-12 | 1.76 mi | N/A |
| Winter Gardens Elementary School | public | KG,1 | 2.10 mi | N/A |
| Foothills Adult Education Center | public | UG | 2.13 mi | N/A |
| Grossmont Adult Center | public | UG | 2.13 mi | N/A |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 229-45 Shady Lane | $13,900,000 | – | – | – |
©2026 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of May 01, 2026. For the most current information, please contact Erik Anderson, (858) 395-6935.