445 Hart Drive El Cajon, CA ^$ 11,750,000

445 Hart Drive

^$ 11,750,000

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Recently Listed

445 Hart Drive

El Cajon, CA, 92021

^$ 11,750,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 72,347

Listed by Newmark of Southern California

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Commercial Property for sale in El Cajon, CA

for $11,750,000. The lot size is 1.67.

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.

Commercial Active

Price

^$ 11,750,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

1.67

Town/City

El Cajon

County/Region

San Diego

MLS | Web ID

260010489SD

Days on Market

Features

General

HOA Fee 0

Property Subtype Mixed Use

County San Diego

Operating Expense 288017

Property Type Commercial Sale

Status Active

City El Cajon

Number Of Units Total 24

MLS Area 92021 - El Cajon

Lot Size Units Acres

Lot Size Square Feet 72745.2

Virtual Tour https://www.propertypanorama.com/instaview/snd/260010489

Standard Status Active

Property Sub Type Additional Mixed Use

Cap Rate 5.59

Interior

Air Conditioning Y/N true

Heating Y/N false

Total Baths 0

Exterior

Total Parking 54

Lot Size Area 1.67

Number of Buildings 12

Lot Size Acres 1.67

* Excluded Features

List By

Newmark Of Southern California

Broker

erik.anderson@nmrk.com

Affordability Calculator

$72,347

Per Month

Monthly Principal & Interest: $72,347
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in El Cajon, CA

Average List Price ^$2,898,930

Percent of Sale Price 75%

About El Cajon, CA

104,298 Population

10% Since 2002

^$50,194 Median Income

35.91 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/28/2026	$11,750,000		Listed Price

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445 Hart Drive, El Cajon, CA, 92021 is a Commercial Property for sale at $11,750,000 with a lot size of 1.67. The property's zip code is 92021 which is in El Cajon, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/30/2026. 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.

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445 Hart Drive

Commercial Property for sale in El Cajon, CA

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