$3,500,000
FOR SALEActive120 Ballantyne
El Cajon CA 92020
N/A
SF
Mixed Use
Type
N/A
Built
N/A
Cost/SF
Listing Agent
Location Analysis
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.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
10
Total Units
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Investment Metrics
Data not available.
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Recent commercial sales in El Cajon
Sold $5,900,000SOLD17,978 SF•Multi Family•22 units909 S Sunshine AvenueSold Aug 2026DP Properties | DRE #01273425Buyer's agent: Jennifer Badillo, Century 21 Masters | DRE #01496797
Sold $2,130,000SOLDMixed Use•10 units359 N 1st StSold Apr 2026Urban Dwellings | DRE #01435258Buyer's agent: Branden Yousif, LPT Realty | DRE #02124031
- Sold $4,375,000SOLDMixed Use•17 units1386 Oakdale AveSold Jan 2026NorthMarq Multifamily | DRE #01883437Buyer's agent: Sean Bascom, South Coast Commercial, Inc. | DRE #01862044
Sold $8,000,000SOLDMixed Use•35 units310 S AnzaSold Dec 2025Eric D. Comer, Broker | DRE #00842230Buyer's agent: Eric Comer, Eric D. Comer, Broker | DRE #00842230
Sold $1,150,000SOLDMixed Use•11 units1349 E Main StreetSold Dec 2025NorthMarq Multifamily | DRE #01883437Buyer's agent: Benn Vogelsang, NorthMarq Multifamily | DRE #01883437
Sold $906,000SOLD2 units1277 N Cuyamaca StSold Nov 2025Real Broker | DRE #01783300Buyer's agent: Joyce Huynh, F3 Realty Group | DRE #01899101
Closed commercial sales reported, newest first.
CRMLS
MLS# 260022227SD
Listed:
Nalren refreshed:
Last updated
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Listed by: Coldwell Banker West
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.