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Tuesday, Mar 19, 2024
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Fallbrook Apartment Complex Sold For $3.57M

DiPiero Family Trust of Escondido has acquired a 25-unit apartment property in Fallbrook for approximately $3.57 million, according to brokerage firm Lee & Associates.

The seller of the two-story complex known as Village Apartments, at 1433 South Mission Road, was Mission Village Apartments LLC of La Jolla.

The buyer was represented by Lee & Associates’ John Orlando, and the seller was represented by Donald Swanson of Donald Swanson Real Estate.

According to CoStar Group and public data, the property was built on approximately 1.3 acres in 1965. The seller is an affiliate of La Jolla Capital Group.

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