Listing provided courtesy of Robert Petrich of Keller Williams Realty. Last updated 2023-01-20 10:21:32.000000. Listing information © 2023 Sandicor.
Asking Price: $4,500,000
120 Ballantyne St, El Cajon CA 92020
Community: East County
This Com-Res Income property was built in and is priced at $4,500,000. Please see the additional details below.
Ballantyne Condominiums is a newly built mixed-use complex located in the middle of downtown in walking distance to The Magnolia entertainment venue & bustling restaurants &stores. The subject property consists of four (4) large two-bedroom, two and a half bathroom units, two (2) one-bedroom w/ study, one and a half bathroom units, two (2) one-bedroom, one and a half bath units and 2 retail spaces on the bottom floor. Each unit features washer and dryers, HVAC systems, and on-site gated covered parking. This property is fully leased withevery tenant on a month-to-month lease which allows opportunity for immediate increases. This asset offers a turn-key investment positioned to benefit from the high growth of the EastCounty Submarket overall. The property offers the new owner the opportunity to finalize an HOA and selling each unit individually. Rare newer construction offers low maintenance cost.
