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$3,700,000
120 Ballantyne, El Cajon, CA 92020
Coldwell Banker West
0Beds
0Days Listed
About This Property
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.
Ben AmeenColdwell Banker West619-840-6692
Property Location
Map
Property Details
- Property Type
- Com-Res Income
- Bedrooms
- 0
- Bathrooms
- 0
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Stories
- 3.0
- Status
- Active
- Days on Market
- 0
- Cumulative Days on Market
- 0
- Original Price
- $3,700,000
Location & Neighborhood
What's nearby 120 Ballantyne, El Cajon, CA 92020
Nearby Schools
- Assigned
- Assigned
- Assigned
- Empower0.2 mi
Elementary School • Public • K–8
- Literacy First Charter0.6 mi
K-12 School • Public • K–12
- El Cajon Valley High0.6 mi
Secondary School • Public • 9–12
- Altus Schools East County0.9 mi
Secondary School • Public • 7–12
- Naranca Elementary0.9 mi
Elementary School • Public • K–6
Parks & Recreation
- 0.2 mi
- 0.3 mi
- Red Cross Park0.3 mi
park
Local Amenities
Grocery
- Harvest International Market0.3 mi
- Albertsons0.4 mi
Dining
- Urbn St. Brewing Co.0.3 mi
- Mr. Shawarma0.4 mi
Coffee & Cafes
- Starbucks0.3 mi
Banking
POI data updated 9/10/2026
El Cajon Market Snapshot
387
Active Listings
$788K
MLS® HPI Benchmark
34
Avg Days on Market
Source: Greater San Diego Association of REALTORS®, June 2026.
Last updated: Sep 10, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.