# 120 Ballantyne, El Cajon, CA 92020

> **TL;DR:** residential multi family, $3,700,000. Est. $19,788/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,700,000 |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $18,709 |
| Estimated Insurance | $1,079 |
| **Total** | **$19,788** |

## Property Highlights

- 3 stories

## Description

### Agent 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

- **Address:** 120 Ballantyne, El Cajon, CA 92020
- **County:** San Diego
- **Coordinates:** 32.795515, -116.95758
- **Google Maps:** https://www.google.com/maps?q=32.795515,-116.95758

## Listing Agent

- **Name:** Ben Ameen · **License:** 01999481
- **Brokerage:** Coldwell Banker West
- **Phone:** 6198406692
- **Broker Phone:** (619) 737-2126
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/Ballantyne_El-Cajon_CA_92020_M21506-79128?f=listhub&s=SANDICOR&m=260022227&c=propsimple)

## Photos

![120 Ballantyne - Photo 1](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f112771903r.jpg)

![120 Ballantyne - Photo 2](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f3170508637r.jpg)

![120 Ballantyne - Photo 3](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f1742623362r.jpg)

![120 Ballantyne - Photo 4](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f3760418262r.jpg)

![120 Ballantyne - Photo 5](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f1083446037r.jpg)

![120 Ballantyne - Photo 6](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f966426796r.jpg)

![120 Ballantyne - Photo 7](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f2588768611r.jpg)

![120 Ballantyne - Photo 8](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f2944131574r.jpg)

![120 Ballantyne - Photo 9](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f3786678470r.jpg)

![120 Ballantyne - Photo 10](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f2437551256r.jpg)

![120 Ballantyne - Photo 11](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f319768606r.jpg)

![120 Ballantyne - Photo 12](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f2308689081r.jpg)

![120 Ballantyne - Photo 13](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f2051774491r.jpg)

![120 Ballantyne - Photo 14](http://lh.rdcpix.com/3e9ee72a4bea852784e6aea3c297619fl-f2649859103r.jpg)

---

**MLS#:** 260022227 | **Updated:** 2026-09-10
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/120-ballantyne-el-cajon-ca-92020-60022227)

---

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