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120 Ballantyne St
El Cajon CA 92020 US

$3,950,000

Active Listing ID 260016721
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$3,950,000

Active Listing ID 260016721
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120 Ballantyne St 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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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Electric, Central Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3950000
  • unparsedaddress: 120 Ballantyne St
  • postalcity: El Cajon
  • stateorprovince: CA
  • country: US
  • postalcode: 92020
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.795515
  • longitude: -116.95758
  • listagentfullname: Ben Ameen
  • listagentemail: Bensdcommercial@gmail.com
  • listagentkey: 3yd-SANDICOR-675378
  • listagentmlsid: 675378
  • listagentpreferredphone: 6198406692
  • listagentofficephone: 6193033399
  • listofficekey: 3yd-SANDICOR-169109
  • listagentstatelicense: 01999481
  • listofficemlsid: 8714
  • disclaimer: Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SANDICOR
  • listingcontractdate: 2026-07-09
  • listagentfax: 6199311762
  • listagenturl: http://www.coldwellbankerwesthomes.com
  • countyorparish: San Diego
  • parcelnumber: 488-111-34-00
  • cooling: Electric, Central Air
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -116.95758, 32.795513
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker West", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Bensdcommercial@gmail.com", "ListBrokerageCity":"Chula Vista", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@cbwhomes.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/SANDICOR/f89d6f71091411e3bf4222000aee95ee/20220701000437018.png", "ListBrokerageName":"Coldwell Banker West", "ListBrokeragePhone":"(619) 737-2126", "ListBrokeragePostalCode":"91914", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2300 Boswell Road, Suite 100", "ListBrokerageWebsiteUrl":"http://www.coldwellbankerwesthomes.com", "ListOfficeAddress1":"9555 Grossmont Summit Drive ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"169109", "ListOfficeCity":"La Mesa", "ListOfficeCountry":"US", "ListOfficeEmail":"jose@cbwhomes.com", "ListOfficePostalCode":"91941", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - El Cajon, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/Ballantyne_El-Cajon_CA_92020_M21506-79128?f=listhub&s=SANDICOR&m=260016721&c=rexren", "MLSModificationTimestamp":"2026-07-09 18:08:39", "Neighborhoods":[{"Description":null, "Name":"EL CAJON (92020)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/9/2026 6:08:39 PM GMT
Source Updated Date: 7/24/2026 12:47:26 AM GMT

Courtesy of: Ben Ameen, Coldwell Banker West, Bensdcommercial@gmail.com

Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.