471 Ballantyne 64, El Cajon, California 92020, El Cajon, 92020 - 2 bed, 2 bath
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El Cajon, California 92020
This Turnkey Condominium represents a Strong Value Opportunity, listed at $420,000—positioned well below the $463,353 Fair Market Value by 9%. This valuation gap offers $43,353 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with modern tile flooring and updated finishes, this home is move-in ready. Residents enjoy extensive amenities, including two pools and gyms. This property is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a secure, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 471 Ballantyne 64 Subject | $420,000* List Price | 2 | 2 | 966 | $480 | - |
A 550 Graves Avenue 8 Sold | $396,000 | 2 | 2 | 808 | $490 | 0.3 mi |
B 300 Roanoke Rd 14 Sold | $415,000 | 2 | 2 | 971 | $427 | 0.2 mi |
C 180 Chambers Street 7 Sold | $445,000 | 2 | 2 | 925 | $481 | 0.7 mi |
D 792 Avocado Avenue 7 Sold | $399,999 | 2 | 1 | 789 | $507 | 0.9 mi |
E 489 S Lincoln Avenue Sold | $428,000 | 2 | 2 | 928 | $461 | 0.7 mi |
F 160 Chambers St. 15 Sold | $460,000 | 2 | 2 | 925 | $497 | 0.7 mi |
G 174 Chambers St 1 Active | $449,000 List Price | 2 | 2 | 925 | $485 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1987, the interior has undergone a complete modern remodel in recent years. It features updated wood-look tile flooring throughout, recessed LED lighting, and updated cabinetry and countertops. The unit is in mint, move-in ready condition with no deferred maintenance visible.
The unit has been completely remodeled with contemporary tile flooring and features the rare, HOA-approved convenience of an in-unit washer and dryer.
Residents benefit from a robust amenity package including two pools, two gyms, and gated security, offering a high-quality lifestyle and enhanced safety.
As a ground-level unit, this property offers easy access and a functional layout with significant storage, including walk-in closets and energy-efficient LED lighting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =163395, other record lot size in square feet = 163211. Living area discrepancy between mls listing and other public or private record. mls listing living area = 966, other record living area = 925.
The assigned elementary, middle, and high schools all have low ratings (2-3/10), which may deter families and impact long-term appreciation.
At $477 per month, the association fees are relatively high for this price point, which could impact the affordability and debt-to-income ratios for first-time buyers.
Beautiful and modern condo in the heart of El Cajon! Home offers a spacious 2BD and 1.5 Bath with a large living room. Unit has been completely remodeled in recent years with all tile flooring and HOA approved in unit washer and dryer. Plenty of energy savings with LED lighting and natural light abounds thru the home. Home offers plenty of storage space inside with large storage closets and walk in closets. Common area offers 2 pools, jacuzzi, 2 gyms, 2 community laundry rooms, picnic/BBQ areas and pet areas for your dog to play in! Community is fully secured with gated entries included for parking areas and video security. This ground unit offers plenty of space and relaxation with modernity. Easy access to parks, schools, shopping, dining and transportation!
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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 966 | 925 | 70% |
| Lot Size | 163,395 | 23,348 | 96% |
| Price | $420.0K | $400.0K | 63% |
| Price per sq ft | $435 | $448 | 48% |
| Built year | 1987 | 1985 | 67% |
| HOA | $477.0 | $390 | 78% |
| Days on market | 13 | 143 | 4% |
Jun 1, 2026
$420,000
Initial Listing
Oct 27, 2023
$420,000
Public Record
May 23, 2022
$392,000
Public Record
Oct 7, 2010
$94,000
Public Record
Oct 27, 2006
$233,500
Public Record
Jan 27, 2005
$240,000
Public Record