El Cajon

294 Ballantyne Street

Purchase Price $3,995,000

We are pleased to present, Gold Coast Apartments, a 40 unit apartment complex located at 294 Ballantyne Street in the center of El Cajon. The complex consists of(22) 1Bed/1Bath and (18) 2Bed/1Bath. The building includes on site laundry, 56 parking spaces, and a swimming pool. The property is ideally located 1/4 mile north of the newly re-planned El Cajon city center. The area is considered a safe, easy to access residential and multi-family neighborhood. An owner would see that the property is comparable to well performing nearby apartment complexes. Purchase Price $3,995,000 Cap Rate 5.85% Property Type: MultiFamily Rentable Square Feet 27,616 Price perRSF $144.66 Number of Units 40

Brian Nelson

(619) 226-6011

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More About This Community...

El Cajon

El Cajon

El Cajon is a vibrant community east of Misson Valley. The area sponsors the Mother Goose Parade each year and is home to the East County Performing Arts Center.

El Cajon on the map

El Cajon on the map

Real Estate Videos

Stath Karras on new role at Burnham-Moores Center

Dec. 11, 2014 -- George Chamberlin sits down for a talk with Stath Karras, who will be taking over the role as executive director for the Burnham-Moores Center for Real Estate at the University of San Diego in January.

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Commercial Leases Database

Bob's Smoke Shop itself Russo Suburban Enterprises Stewart Keith and Bill Thaxton of Flocke & Avoyer Commercial Real Estate Retail 712 square feet San Diego CA 92115 Campus Plaza 6165 El Cajon Blvd. 3 year a tobacco store $70,200 12/9/2014
Tofu House Marc Dudzik and Kelly Ness, CCIM of Lee & Associates Mesa Shopping Center, LLC themselves Retail 2,711 square feet San Diego CA 92126 9089 Mira Mesa Blvd. 144 month a restaurant specializing in Korean BBQ and Tofu dishes $1,310,000 11/17/2014
Intreis Josh Burland of Burland Commercial Peregrine Realty Josh Buchholz of NAI San Diego Office 2,161 square feet San Diego CA 92110 2251 San Diego Ave., Suite B150 39 month $190,000 11/17/2014
Last Updated 12/9/2014

Real Estate News

Foreclosure filings continue to drop across country

Foreclosure filings were recorded on 9 percent fewer properties in November than the previous month, according to RealtyTracís monthly foreclosure market report.

Fixed mortgage rates rose

Average U.S. long-term mortgage rates edged higher this week, after four weeks of declines, but they remained at historically low levels that could entice potential homebuyers.

Fannie, Freddie low-income housing

Fannie Mae and Freddie Mac will start making payments that could total hundreds of millions of dollars annually into a fund for affordable housing.

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Homes for Sale

$799,000
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$895,000
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