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For sale
  • $3,950,000

    120 Ballantyne St, El Cajon, CA 92020

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    0baths
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    Condominium
    Built in ----
    -- sqft lot
    $3,838,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    In-unit washer and dryerSecure gated covered parkingIndividual hvac systems
    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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    Zillow last checked:

    Listing updated:

    Listed by:

    Ben Ameen DRE #01999481 Preferred:619-840-6692,

    Coldwell Banker West

    Source: SDMLS,MLS#: 260016721MLS LogoOriginating MLS: SDMLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 0
      Cooling
      • Central Forced Air Elec
      Interior area
      • Total structure area: 0

      Property

      Features
      • Levels: 2 Story
      • Stories: 2
      Details
      • Parcel number: 4881113400
      • Special conditions: Call Agent

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Stucco

      Community & HOA

      Community
      • Features: BBQ, Elevator
      Location
      • Region: El Cajon

      Financial & listing details

      • Tax assessed value: $3,107,281
      • Annual tax amount: $42,453
      • Date on market: 7/9/2026

        Estimated market value

        $3,838,100

        $3.65M - $4.03M

        $3,633/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$3,950,000+674.5%
        Source: SDMLS #260016721 Report a problem
        3/24/2017Sold$510,000+56%
        Source: Public Record Report a problem
        8/20/2015Sold$327,000+105%
        Source: Public Record Report a problem
        5/12/2003Sold$159,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$42,453 -0.3%$3,107,281 +2%
        2024$42,572 +0.9%$3,046,355 +2%
        2023$42,185 +3.1%$2,986,623 +2%
        2022$40,935 -17.1%$2,928,062 -19.1%
        2021$49,398 +3.8%$3,617,306 +1%
        2020$47,589 +57.9%$3,580,216 +44.3%
        2019$30,130 +257.8%$2,480,604 +376.9%
        2018$8,421 +37.7%$520,200 +56%
        2017$6,115 +2.7%$333,540 +2%
        2016$5,952 +99.3%$327,000 +70.1%
        2015$2,986 $192,206
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92020

        Getting around

        89 / 100
        Very Walkable
        39 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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