467 Ballantyne St 47, El Cajon, California 92020, El Cajon, 92020 - 1 bed, 1 bath
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El Cajon, California 92020
This Turnkey Condominium represents a Strong Value Opportunity, listed at $295,000—positioned well below the $315,092 Fair Market Value by 6%. This valuation gap provides $20,092 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this top-floor end unit offers a completely remodeled interior, private pool views, and VA-approved status. With proximity to the I-8 freeway and local amenities, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 467 Ballantyne St 47 Subject | $295,000* List Price | 1 | 1 | 710 | $444 | - |
A 459 Ballantyne St 31 Sold | $327,000 | 1 | 1 | 710 | $461 | 0.0 mi |
B 438 S Anza Street Sold | $349,900 | 2 | 1 | 900 | $389 | 0.8 mi |
C 732 E Lexington 19 Sold | $349,000 | 2 | 1 | 910 | $384 | 0.5 mi |
D 294 Chambers 45 Sold | $370,000 | 1 | 1 | 722 | $512 | 0.7 mi |
E 403 Emerald Ave Apt 8 Sold | $330,000 | 2 | 1 | 840 | $393 | 0.9 mi |
F 620 E Lexington 5 Pending | $325,000 List Price | 1 | 1 | 660 | $492 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the structure was built in 1987, the property is described as completely remodeled with newer windows and tasteful upgrades. Based on the 'completely remodeled' status, it qualifies as a recent renovation (<5 years), making it move-in ready with no immediate maintenance required.
As a top-floor end unit with only one adjacent neighbor, this property offers superior privacy and tranquil pool views compared to standard units in the complex.
The interior has been completely updated with modern finishes and newer windows, allowing for an immediate move-in without the need for additional renovation capital.
The VA-approved status significantly expands the buyer pool to veterans, while the proximity to the I-8 freeway and Main Street provides excellent walkability and commuting ease.
The lack of in-unit laundry requires residents to use communal facilities, which is often viewed as a convenience drawback for modern condominium buyers.
The $431 monthly association fee is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for entry-level buyers.
VA Approved condo, TOP floor, end unit overlooks the pool. Completely remodeled with newer windows, and tasteful upgrades. Private location, there are only two units that are located up stairs in this location offering privacy and lovely views of the palm trees and the pool. Quiet location. Amenities include, Covered assigned parking, superb landscaping, work out room, pool and hot tub. Laundry facilities and a Gated community. Convenient location with easy access to the 8 freeway. Walking distance to Main Street in El Cajon shopping and dining.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.1 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 14% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 710 | 917.5 | 11% |
| Lot Size | - | 11,675.965 | 43% |
| Price | $295.0K | $400.0K | 4% |
| Price per sq ft | $415 | $438 | 43% |
| Built year | 1987 | 1984 | 68% |
| HOA | $431.0 | $402 | 64% |
| Days on market | 6 | 152 | 4% |
Jun 1, 2026
$295,000
Initial Listing
Apr 10, 2024
$360,000
Public Record
Aug 17, 2020
$207,000
Public Record
May 26, 2010
$59,000
Public Record
Mar 22, 2005
$195,000
Public Record