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Mixed-Use Condominium Property
New
For Sale
$3,700,000

120 Ballantyne, El Cajon, CA 92020

Residential Income, El Cajon, CA

Property SizeContact for details
Days on Market4

Property Features for 120 Ballantyne

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Underground/Basement
Subdivision EL CAJON (92020)
Standard status Active
APN 488-111-34-00

Amenities

in-unit washer and dryer
individual HVAC systems

Building Details

Floors in Building 3
Number of units 10
Listing Agency: Coldwell Banker West · Coldwell Banker Real Estate
Listed By: Ben Ameen · License #01999481
Added: Sep 10 Last Checked: Sep 13 at 1:06AM
MLS# 260022227

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.

Investment Insights

Based on property information with market context.

Ballantyne Condominiums is a newly constructed mixed-use property with eight residential condominium units and two ground-floor retail or office suites. The residential mix includes four 2-bedroom, 2.5-bath units; two 1-bedroom-plus-study, 1.5-bath units; and two 1-bedroom, 1.5-bath units. Each residence includes an in-unit washer and dryer, an individual HVAC system, and access to secure gated covered parking in the underground or basement area.

The property is located at 120 Ballantyne in downtown El Cajon, within walking distance of the Magnolia entertainment venue, restaurants, shopping, and other local amenities. The asset is currently 100% occupied, and all residential tenants are on month-to-month leases. Two street-level commercial spaces provide additional use within the mixed-use configuration. The property also includes an HOA formation process that a buyer may pursue in connection with the individual condominium units.

Key Highlights

  • Eight residential condominium units plus two ground‑floor retail/office suites
  • Residential mix includes four 2‑bedroom, 2.5‑bath units
  • Two 1‑bedroom plus study, 1.5‑bath units and two 1‑bedroom, 1.5‑bath units

Property Analytics

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Current Use

Albert Shamasha REALTOR® Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Catering Service Travel Agency Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,375
Businesses Nearby

Demographics for 92020, CA

60,454
Population
20,311
Households
3
Avg Household Size
37
Median Age
26%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,446
Density / Sq Mi
$72,822
Median Household Income
$39,855
Median Earnings
$1,793
Median Rent
$741,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Eight residential units and two street-level commercial suites create a combined residential and business configuration.
Where is this mixed-use property located?
The property is located at 120 Ballantyne El Cajon, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Eight residential condominium units plus two ground‑floor retail/office suites; Residential mix includes four 2‑bedroom, 2.5‑bath units; Two 1‑bedroom plus study, 1.5‑bath units and two 1‑bedroom, 1.5‑bath units
More about this property
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