OFF MARKET

Off Market Oct 2020 for $4.1M

—

Est. refi paymentEst. refi $21,318/mo

•

4 ba

•

19,970

sq ft

1433 S Mission Rd, Fallbrook, CA 92028

About this home

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.

Multi-familyProperty Type

$209Price/Sq.Ft.

Listed by Kire Nastevski •DRE #01312183 • Marcus & Millichap

•858-373-3100 (agent)

•kire.nastevski@marcusmillichap.com (agent)

Bought with Kire Nastevski •DRE #01312183 • Marcus & Millichap

•858-373-3100 (agent)

•kire.nastevski@marcusmillichap.com (agent)

Redfin checked: 3 minutes ago

•Source:SDMLS #200045988

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 92028, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.3% MoM

Median sale price

$885K

$2K MoM

Avg. days on market

50d

10 days MoM

Recently sold homes

176

0 MoM

New listings for sale

NEW 15 MINS AGO
$1,280,000
3 beds3 baths2,543 sq ft
2740 Los Alisos Dr, Fallbrook, CA 92028
OPEN SUN, 12PM TO 3PM
$720,000
3 beds2.5 baths2,244 sq ft
1732 E Mission Rd, Fallbrook, CA 92028
NEW 8 HRS AGO
$799,000
3 beds2.5 baths1,680 sq ft
1004 Santa Margarita Dr, Fallbrook, CA 92028
AAA Realty & Investments
COMING SOON
$1,395,000
4 beds3.5 baths3,573 sq ft
4057 Ladera Vis, Fallbrook, CA 92028
COMING SOON
$499,000
2 beds2 baths1,308 sq ft
4115 Cyprus Island Ct, Fallbrook, CA 92028
VIDEO TOUR
$799,000
3 beds2.5 baths2,022 sq ft
35534 Asturian Way, Fallbrook, CA 92028
COMING SOON
$890,000
4 beds3 baths2,445 sq ft
364 Misaki, Fallbrook, CA 92028
COMING SOON
$1,175,000
3 beds2.5 baths2,927 sq ft
4911 San Jacinto Cir E, Fallbrook, CA 92028
OPEN SUN, 12PM TO 2PM
$809,000
3 beds2.5 baths2,022 sq ft
35769 Asturian Way, Fallbrook, CA 92028
$195,000
2 beds1 bath672 sq ft
1455 Alturas Rd #89, Fallbrook, CA 92028
See all

Provided by Redfin

Sale history for 1433 S Mission Rd

Date

Event

Price

SDMLS #200045988

Oct 30, 2020

Sold

$4,175,000

$209/sq ft

Sep 22, 2020

Listed

$4,800,000

$240/sq ft

Public Records

Dec 28, 2016

Sold

$3,575,000

$179/sq ft

Public Records

Oct 27, 2016

Sold

$3,000,000

$150/sq ft

Public Records

Feb 12, 2004

Sold

$2,350,000

$118/sq ft

Public Records

Feb 16, 2001

Sold

$1,115,000

$56/sq ft

Public Records

Jun 18, 1997

Sold

$805,000

$40/sq ft

Public Records

May 12, 1994

Sold

$812,460

$41/sq ft

Public Records

Jan 30, 1984

Sold

$1,800,000

$90/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$54,698 (+2.2%)

$2,152,956 + $2,453,266

$4,606,222

2024

$53,545 (+2.9%)

$2,110,742 + $2,405,163

$4,515,905

2023

$52,059

$2,069,355 + $2,358,003

$4,427,358

2022

$52,069 (+3.1%)

$2,028,780 + $2,311,768

$4,340,548

2021

$50,513 (+4.7%)

$1,989,000 + $2,266,440

$4,255,440

2020

$48,265 (+4.0%)

$1,950,000 + $2,222,000

$4,172,000

2019

$46,413 (+16.9%)

$1,819,231 + $2,070,028

$3,889,259

2018

$39,708 (+2.0%)

$1,872,720 + $1,846,710

$3,719,430

2017

$38,922 (+38.3%)

$1,800,000 + $1,775,000

$3,575,000

2016

$28,142 (+1.6%)

$1,800,000 + $1,775,000

$3,575,000

2015

$27,695 (+1.9%)

$1,298,712 + $1,298,712

$2,597,424

2014

$27,170 (+1.1%)

$1,254,148 + $1,254,148

$2,508,296

2013

$26,876 (+1.0%)

$1,254,148 + $1,254,148

$2,508,296

2012

$26,617 (+2.4%)

$1,248,480 + $1,248,480

$2,496,960

2011

$25,998 (+3.7%)

$1,224,000 + $1,224,000

$2,448,000

2010

$25,079 (+1.0%)

$1,200,000 + $1,200,000

$2,400,000

2009

$24,823 (+1.5%)

$1,170,219 + $1,170,219

$2,340,438

2008

$24,454

$1,173,000 + $1,173,000

$2,346,000

Tax history for 1433 S Mission Rd

Year

Property tax

Land + Additions

Assessment*

2025

$54,698 (+2.2%)

$2,152,956 + $2,453,266

$4,606,222

2024

$53,545 (+2.9%)

$2,110,742 + $2,405,163

$4,515,905

2023

$52,059

$2,069,355 + $2,358,003

$4,427,358

2022

$52,069 (+3.1%)

$2,028,780 + $2,311,768

$4,340,548

2021

$50,513 (+4.7%)

$1,989,000 + $2,266,440

$4,255,440

2020

$48,265 (+4.0%)

$1,950,000 + $2,222,000

$4,172,000

2019

$46,413 (+16.9%)

$1,819,231 + $2,070,028

$3,889,259

2018

$39,708 (+2.0%)

$1,872,720 + $1,846,710

$3,719,430

2017

$38,922 (+38.3%)

$1,800,000 + $1,775,000

$3,575,000

2016

$28,142 (+1.6%)

$1,800,000 + $1,775,000

$3,575,000

2015

$27,695 (+1.9%)

$1,298,712 + $1,298,712

$2,597,424

2014

$27,170 (+1.1%)

$1,254,148 + $1,254,148

$2,508,296

2013

$26,876 (+1.0%)

$1,254,148 + $1,254,148

$2,508,296

2012

$26,617 (+2.4%)

$1,248,480 + $1,248,480

$2,496,960

2011

$25,998 (+3.7%)

$1,224,000 + $1,224,000

$2,448,000

2010

$25,079 (+1.0%)

$1,200,000 + $1,200,000

$2,400,000

2009

$24,823 (+1.5%)

$1,170,219 + $1,170,219

$2,340,438

2008

$24,454

$1,173,000 + $1,173,000

$2,346,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

1.31 Acres

Year renovated

1965

Sq. Ft.

19,968

Year built

1965

Style

Multi-Family (5+ Unit)

County

San Diego County

APN

1042007500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 20, 2026.

C36

General Commercial Use Regulations

The provisions of Section 2360 through Section 2369, inclusive, shall be known as the C36 General Commercial Use Regulations. The C36 Use Regulations are intended to create and enhance commercial areas where a wide range of retail goods and services are permitted. Typically, the C36 Use Regulations would be applied where central area commercial facilities were desired in association with administrative and office uses. Various applications of the C36 Use Regulations with appropriate development designators can create community or regional shopping complexes, central business districts, or small but highly diverse commercial developments.

Permitted uses

Include but are not limited to:

Livestock production
Assembly / meeting place
Automotive repair garage
Automotive sales
Bank
Convenience store
Day care facility
General retail
Hospital / medical center
Manufacturing

Property details

Interior

Virtual Tour

Exterior

Building Information
Sq. Ft.: 19970.0

Property Information
Property Type: Residential Income
Raw Mls Property Sub Type: Com-Res Income

Lot Information
Lot Size Units: Acres

Public facts

Beds: —
Baths: —
Sq. Ft.: 19,968
Stories: —
Lot Size: 1.31 acres
Style: Multi-Family (5+ Unit)
Year Built: 1965
Year Renovated: 1965
County: San Diego County
APN: 1042007500

Home facts updated by county records on Aug 20, 2026

Other

Listing Information
List AOR: San Diego Association of REALTOR

Around this home

Schools

Live Oak Elementary School

Public K-6 • Assigned • 2.0mi

8/10

James E. Potter Intermediate School

Public 7-8 • Assigned • 1.8mi

5/10

Fallbrook High School

Public 9-12 • Assigned • 1.4mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

6/10 Fire Factor

11% chance of being in a wildfire in next 30 years

6/10 Heat Factor

6 days above 94° expected this year, 17 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Fallbrook, CA • 92028

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 7.2 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

7.2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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COMING SOON

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Home values near 1433 S Mission Rd

Data from public records.

Address	Redfin Estimate
1381 South Mission Rd, Fallbrook, CA - Beds \| - Baths \| 7000 Sq. Ft.	—
241 Almond St, Fallbrook, CA 3 Beds \| 1 Baths \| 1120 Sq. Ft.	$632,608

Address	Redfin Estimate
234 West Clemmens Ln, Fallbrook, CA - Beds \| - Baths \| 82240 Sq. Ft.	—
235 Almond St, Fallbrook, CA 3 Beds \| 1 Baths \| 1064 Sq. Ft.	$569,501

Address	Redfin Estimate
249 Almond St, Fallbrook, CA 2 Beds \| 1 Baths \| 1116 Sq. Ft.	$575,261
229 Almond St, Fallbrook, CA 3 Beds \| 1 Baths \| 1120 Sq. Ft.	$677,606

Property information provided by SDMLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 92028, CA

Sale history for 1433 S Mission Rd

Tax history for 1433 S Mission Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 92028

Home values near 1433 S Mission Rd

More real estate resources