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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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445 Hart Drive, El Cajon – $11,750,000

  • $11.8M Price
  • 1.67 Acres
  • 37 DOM
  • $11.8M Price
  • 1.67 Acres
  • 37 DOM

445 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.

Essential Information

  • MLS® #260010489SD
  • Price$11,750,000
  • Bathrooms0.00
  • Acres1.67
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address445 Hart Drive
  • Area92021 - El Cajon
  • CityEl Cajon
  • CountySan Diego
  • Zip Code92021

Amenities

  • Parking Spaces54

Additional Information

  • Date ListedApril 28th, 2026
  • Days on Market37

Listing Details

  • AgentErik Anderson
  • OfficeNewmark of Southern California
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Erik Anderson, Newmark of Southern California.

Based on information from California Regional Multiple Listing Service, Inc. as of June 7th, 2026 at 1:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.