120 Ballantyne, El Cajon, CA 92020
Local realty services provided by:ERA North Orange County Real Estate
120 Ballantyne,El Cajon, CA 92020
$3,700,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ben ameen
Office: coldwell banker west
MLS#:260022227
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,700,000
About this home
Ballantyne Condominiums is a newly constructed mixed-use asset ideally located in the heart of downtown El Cajon, within walking distance of Magnolia entertainment venue, popular restaurants, shopping, and local amenities. The property consists of eight residential condominium units and two ground-floor retail/office suites, including: INVESTMENT OVERVIEW Four (4) spacious 2-bedroom, 2.5-bath units Two (2) 1-bedroom plus study, 1.5-bath units Two (2) 1-bedroom, 1.5-bath units Two (2) street-level retail spaces Each residential unit is equipped with in-unit washer and dryer, individual HVAC systems, and secure gated covered parking. The property is currently 100% occupied, with all residential tenants on month-to-month leases, providing a new owner with the flexibility to implement immediate rental increases and maximize income potential. This turnkey investment is strategically positioned to benefit from the continued growth and revitalization of the East County submarket. A unique value-add opportunity exists for a buyer to complete the HOA formation process and pursue the sale of individual condominium units, potentially unlocking significant additional value. As a rare newer-construction asset, Ballantyne Condominiums offers low maintenance requirements, modern amenities, and strong long-term investment fundamentals....
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Home facts
- Listing ID #:260022227
- Added:16 day(s) ago
- Updated:September 27, 2026 at 02:37 PM
Structure and exterior
- Levels:3 Story
Finances and disclosures
- Price:$3,700,000
Parking
- Parking description:Underground
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