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$3,950,000 Just Listed
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
Full Property Details
Full Property Details for 120 Ballantyne St
General
- Price: $3,950,000
- Status: Active
- Type: Condo
- Source: SANDICOR
- MLS ID: 260016721
- Updated: Today (7/9/2026)
- Added to Site: Today
Additional Information
- Shared Amenities: BBQ, Elevator
Location
- Area: EL CAJON (92020)
- County: San Diego
Heating & Cooling
- Cooling Type: Central Forced Air Elec
Structural Information
- # Buildings: 1
- Structure Type: Condo
- Detached/Attached: Detached
- Construction: Stucco
- Elevator: Yes
- Stories/Levels: 2
Unit Information
- Units in Building: 10
Financial Considerations
- Operating Expenses: $69,185
Disclosures and Reports
- Special Conditions: Call Agent, N/K
- Property ID: 488-111-34-00
Listed by Coldwell Banker West (619) 303-3399, Ben Ameen
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Schools
Schools serving 120 Ballantyne St
School Districts:Cajon Valley Union Elementary School District, Grossmont Union High School District
| Name | Grades | Distance |
|---|---|---|
Johnson Elementary School, El Cajon, CA 500 West Madison Avenue, El Cajon, CA 92020 | PK-5 | 0.8 mi |
Cajon Valley Middle School 550 East Park Avenue, El Cajon, CA 92020 | 6-8 | 0.2 mi |
Grossmont High School 1100 Murray Dr., La Mesa, CA 91944 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Ballantyne St
Date
Details
Price
Change
Source
7/09/2026
Listed
$3,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 Ballantyne St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$42,453
1%
$3,107,281
4%
2023
$42,185
3%
$2,986,623
2%
2022
$40,935
1%
$2,928,062
-19%
2021
$40,387
-15%
$3,617,306
1%
2020
$47,589
48%
$3,580,216
44%
2019
$32,211
283%
$2,480,604
377%
2018
$8,421
38%
$520,200
56%
2017
$6,115
3%
$333,540
2%
2016
$5,952
99%
$327,000
70%
2015
$2,986
2%
$192,206
2%
2014
$2,940
—
$188,441
—
2013
$2,939
—
$187,590
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 Ballantyne St
120 Ballantyne St, El Cajon, CA 92020 (MLS# 260016721) is a Condo property with 0 bedrooms and 0 full bathrooms. 120 Ballantyne St is currently listed for $3,950,000 and was received on July 09, 2026. Want to learn more about 120 Ballantyne St? Do you have questions about finding other Condo real estate for sale in El Cajon? You can browse all El Cajon real estate or contact a Coldwell Banker agent to request more information.
