NOT LISTED FOR SALE

1433 S Mission Rd Fallbrook, CA 92028

5 Beds
4 Baths
19,970 Sq Ft
-- Built

Sale Details

Date Sold: October 30, 2020

Last sale price $4,175,000 $209 Per Sq Ft

About This Home

As of October 2020

We are pleased to present Village Apartments, a 25-unit apartment complex located at 1433 South Mission Road in the community of Fallbrook. The subject property is situated on 1.31 acres and is comprised of 18 two-bedroom/one-bath, 1 two-bedroom/two bath, and 6 one-bedroom/one-bath units totaling approximately 19,970 rentable square feet. The complex consists of two-story wood frame and stucco construction, with concrete slab foundations and pitched roofs. Village Apartments features a sparkling swimming pool, covered parking, air-conditioned units, on-site laundry facility, and is equipped with energy saving solar panels. Residents are ideally located on South Mission Road, a heavily travelled commercial corridor with bus line access to vista and convenient walkability to nearby restaurants and retail. The vibrant Fallbrook town center is approximately one mile from Village Apartments and features an eclectic collection of shops, galleries and unique local businesses.

Last Agent to Sell the Property

Kire Nastevski

Marcus & Millichap License #01312183 Listed on: 09/22/2020

Last Buyer's Agent

Kire Nastevski

Marcus & Millichap License #01312183 Listed on: 09/22/2020

Property Details

Home Type

  • Multi-Family

Home Design

  • 19,970 Sq Ft Home

Additional Features

  • 5 Bedrooms
  • Number of ADU Units: 6

Community Details

  • 25 Units
  • Operating Expense $172,605

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Com-Res Income
  • Co List Office Mls Id: 62951
  • Living Area: 19970.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-07-18T08:51:58Z
  • FullAddress: 1433 S Mission Rd.
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 5

Multi Family

  • Number Of Units Total: 25
  • Annual Operating Expense: 172605.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $4,175,000 -13.0% $209 / Sq Ft
09/22/2020 09/22/20 For Sale $4,800,000 -- $240 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
Source: San Diego MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $53,545 $4,515,905 $2,110,742 $2,405,163
2024 $53,545 $4,427,358 $2,069,355 $2,358,003
2023 $52,059 $4,340,548 $2,028,780 $2,311,768
2022 $52,069 $4,255,440 $1,989,000 $2,266,440
2021 $50,513 $4,172,000 $1,950,000 $2,222,000
2020 $48,265 $3,889,259 $1,819,231 $2,070,028
2019 $46,413 $3,719,430 $1,872,720 $1,846,710
2018 $39,708 $3,646,500 $1,836,000 $1,810,500
2017 $38,922 $3,575,000 $1,800,000 $1,775,000
2016 $28,142 $2,597,424 $1,298,712 $1,298,712
2015 $27,695 $2,558,410 $1,279,205 $1,279,205
2014 $27,170 $2,508,296 $1,254,148 $1,254,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200045988

San Diego MLS

APN: 104-200-75-00

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