120 Ballantyne St, El Cajon, CA 92020
120 Ballantyne St, El Cajon, CA 92020
120 Ballantyne St, El Cajon, CA 92020
120 Ballantyne St, El Cajon, CA 92020
120 Ballantyne St, El Cajon, CA 92020
120 Ballantyne St, El Cajon, CA 92020
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$ 3,950,000
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$ 3,950,000
Est. payment | /mo
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260016721SD

HOA Y/N No

Property Sub-Type Mixed Use

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

Area 92020 - El Cajon

Interior

Fireplace No

Others

Tax ID 4881113400

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ben Ameen Coldwell Banker West #01999481

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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120 Ballantyne St

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