445-523 Hart Drive

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445-523 Hart Drive

El Cajon, CA 92021
Asking Price
$11.75M
Cap Rate
5.59%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in El Cajon
  • Asset features a total of twenty-four units
  • Current asking price set at eleven million seven hundred fifty thousand
  • Property generates a five point five nine percent cap rate
  • Located within a growing suburban market in San Diego

What's Special

Investors seeking to expand their residential holdings in Southern California will find this twenty-four unit multifamily asset in El Cajon well-positioned for long-term income generation. The property operates as an apartment building, serving a steady rental demographic within the larger San Diego metropolitan area, a region known for its robust housing demand and diverse employment base. Situated within El Cajon, the site benefits from the established infrastructure and transit connectivity characteristic of this growing suburban market. With a five point five nine percent cap rate, this asset represents a functional addition to a regional investment portfolio focused on multi-family stability. The scale of the property allows for efficient management while capitalizing on the ongoing need for rental housing in the inland communities of San Diego County.

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NOI
$80,000
Cap Rate
0.68%
DSCR
0.11
Underwater
Cash-on-Cash
-17.52%
Monthly Payment
$58,132.589
Annual Cash Flow
$-617,591.068

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