$3,500,000
( )
 $18,789 est/mo Sourced by Back At You

120 Ballantyne,El Cajon, CA 92020

El Cajon, CA 92020

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Description

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.

Details

MLS #260022227SD
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Days On Site47
Listing Provided ByColdwell Banker West | Ben Ameen

Features

Units10
Building(s)1

Interior

Heating Yes / NoNo
Cooling Yes / NoYes

Exterior

Construction MaterialsOther

Area Information

StateCA
CountySan Diego
CityEl Cajon
Zip Code92020
Area92020 El Cajon
Listing VS Median (in 92020)
Price:
$3,500,000
low | high
Med:
$719,000
100% of Average
On site:
47
low | high
Med:
116
40.51724137931% of Average
Sourced by Back At You

Market Activity 92020

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Learn More About This Property

Allen Lane

Allen Lane

Desert Lifestyle Properties

01952730 (760) 408-2963realtor.allenlane@gmail.com
StateCA
CountySan Diego
CityEl Cajon
Zip Code92020
Area92020 El Cajon
Listing VS Median (in 92020)
Price:
$3,500,000
low | high
Med:
$719,000
100% of Average
On site:
47
low | high
Med:
116
40.51724137931% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.625M - $4.375M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
269 E Lexington Ave Property Photo 1
$3,950,000
269 E Lexington Ave
El Cajon, CA 92020
Listing Updated: October 5, 2026 at 12:06:16 PM PDT

Specialty Areas

Real Estate

Allen Lane
200 N Sunrise Way Ste.B
Palm Springs, CA 92262
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
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