120 Ballantyne St, El Cajon, CA 92020
120 Ballantyne St, El Cajon, CA 92020
120 Ballantyne St, El Cajon, CA 92020
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$3,950,000
Est. payment /mo
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260016721

Property Sub-Type Com-Res Income

Property 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

Location

State CA

County San Diego

Community Bbq, Elevator

Area East County

Interior

Cooling Central Forced Air Elec

Fireplace No

Exterior

View Y/N No

Building

Dwelling Type Condo

Story 2

Others

Senior Community No

Tax ID 488-111-34-00

Special Listing Condition Call Agent, N/K

Read Less Info
MLS Router / San Diego MLS
Listed by Ben Ameen, DRE#01999481 Coldwell Banker West 

Nearby Locations

GET MORE INFORMATION

Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Margaret DeLao, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.