862 W Mines Ave, Montebello, CA 90640
Property image
Property image
SOLD
MAR 18, 2026

862 W Mines Ave
Montebello, CA 90640

  • 48 Beds
  • 32 Baths
  • 19,013 sqft (on 0.66 acres)

$5,378,998

Last Sold: Mar 18, 2026
4% below list $5.6M
$283/sqft
Est. Refi. Payment $32,365/mo*
Refinance Your Home

$5,378,998

Last Sold: Mar 18, 2026
4% below list $5.6M
$283/sqft
Est. Refi. Payment $32,365/mo*
Refinance Your Home
48 Beds
32 Baths
19,013 sqft
(on 0.66 acres)

Local Information

  • Map ViewExplore the area around 862 W Mines Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

5.68% CAP RATE AND 11.02 GRM ON CURRENT RENTS. We are pleased to present a fantastic opportunity in Montebello, 16 Spacious Units built in 1988 consisting of Spacious 3 Bedroom + 1.5 Bathroom Two-Story Townhome Style Apartments, averaging approximately 1,188 square feet each. This property is fully occupied and yields a 5.68% Cap Rate and 11.02 GRM on current rents. All units have central A/C & Heat, 2-Garage parking and private patios. This pride of ownership property has undergone many recent capital improvements such as; a new roof (in 2018), full copper plumbing (in 2019), and 11 of the 16 A/C Units were replaced (in the last 3 years). The property also has separate water heaters and is separately metered for gas and electricity. This complex is comprised of eight extra large duplexes on a 28,868 square foot lot zoned MNR3YY. Situated on West Mines Avenue between Greenwood Avenue and South Montebello Boulevard. This property is only subject to the statewide AB1482 rent ordinance (with no local rent control). Units are tenant occupied, interior photos provided.
862 W Mines Ave, Montebello, CA 90640 is a 48 bedroom, 32 bathroom, 19,013 sqft multi-family built in 1988. It last sold for $5,378,998 on Mar 18, 2026 (4% below the $5,600,000 asking price). It is currently off market. The Trulia Estimate is $5,417,600, with a rent estimate of $2,389/month.
Contact this Building
Property Website

Home Highlights

Parking
Attached Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$283/sqft
Listed
180+ days ago

Home Details for 862 W Mines Ave

Interior Features

Beds & Baths
Number of Bedrooms: 48Number of Bathrooms: 32
Dimensions and Layout
Living Area: 19013 Square Feet
Appliances & Utilities
Laundry: None
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Levels: Multi/Split

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
No CarportHas a GarageHas an Attached GarageParking Spaces: 32Parking: Attached,Garage - 2 Car

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $5,600,000Price Per Sqft: $283/sqft
Status Change & Dates
Off Market Date: Sat Jan 17 2026

Active Status

MLS Status: Sold

Location

Direction & Address
City: Montebello

Building

Building Area
Building Area: 19013 Square Feet

Lot Information

Lot Area: 0.66 acres

Listing Info

Special Conditions: Standard

Miscellaneous

Mls Number: 25521395Listing Url
Last check for updates: about 7 hours ago
Listed by Shant Sherbetdjian DRE # 01713570, (626) 657-8150
Remax Commercial and Investment Realty, (213) 817-1000
Bought with: Jeanne Hai DRE # 01133034, (626) 888-9808, RE/MAX PREMIER/SANMARINO, (626) 660-1100
Source: CLAW, MLS#25521395

Price History for 862 W Mines Ave

DatePriceEventSource
03/18/2026$5,378,998Sold
CLAW #25521395
01/17/2026$5,600,000PendingCLAW #25521395
06/23/2025$5,600,000PriceChange
CLAW #25521395
04/07/2025$6,150,000Listed For SaleCLAW #25521395
03/05/2019$4,875,000ListingRemovedAgent Provided
02/27/2019$4,875,000PendingToActiveAgent Provided
02/12/2019$4,875,000PendingAgent Provided
02/06/2019$4,875,000PriceChange
Agent Provided
11/26/2018$5,100,000Listed For SaleAgent Provided
05/09/2014$3,295,000ListingRemovedAgent Provided
04/11/2014$3,295,000Listed For SaleAgent Provided

Market trends in Montebello

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
67
13MoM
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Comparable Sales for 862 W Mines Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
524 N Poplar Ave, Montebello, CA
1.31
Multi-Family Home
$5,900,000
02/24/26
52
34
24,506
600 W Mines Ave, Montebello, CA
0.21
Multi-Family Home
$1,700,000
05/22/26
12
6
5,326
439 S Montebello Blvd, Montebello, CA
0.19
Multi-Family Home
$1,000,000
12/11/25
6
5
2,610
941 S Concourse Ave, East Los Angeles, CA
0.89
Multi-Family Home
$1,385,000
10/23/25
32
16
3,920
4707 Rosemead Blvd, Pico Rivera, CA
1.75
Multi-Family Home
$5,350,000
02/25/26
27
18
11,087
701 W Madison Ave, Montebello, CA
0.80
Multi-Family Home
$2,100,000
01/02/26
9
8
5,693
224 S Greenwood Ave, Montebello, CA
0.33
Multi-Family Home
$1,100,000
12/31/25
6
3
2,226
1032 S Greenwood Ave, Montebello, CA
1.11
Multi-Family Home
$1,550,000
11/25/25
13
8
6,142
825 Date St, Montebello, CA
1.00
Multi-Family Home
$1,890,000
04/13/26
11
7
3,780

Nearby homes

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Assigned Schools

These are the assigned schools for 862 W Mines Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Montebello

At least 479 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 81 % Say it's dog friendly

  • 72 % Say car is needed

  • 68 % Say yards are well-kept

  • 67 % Say there's holiday spirit

  • 66 % Say it's walkable to grocery stores

  • 65 % Say it's walkable to restaurants

  • 64 % Say streets are well-lit

  • 54 % Say they plan to stay for at least 5 years

  • 52 % Say people would walk alone at night

  • 49 % Say it's quiet

  • 48 % Say parking is easy

  • 46 % Say kids play outside

  • 46 % Say neighbors are friendly

  • 42 % Say there's wildlife

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Angelleslie23
    "There are many stores and freeways nearby. It’s convenient to find family events close to us. Near different cities to work in. "
    0
    Flag
  • Crystal Lizardo
    "Lived here for many years. And love this place. Good place to live. And good school district. The city is a great city. And surrounding cities. "
    3
    Flag
  • Adam
    "Its has a corrupt city government. No businesses want to bring their companies to the city. The old mall is their only big attraction however it is old and outdated. "
    7
    Flag
  • Adam
    "This district's average testing ranking is 3/10, which is in the bottom 50% of public schools in California. Public Schools in Montebello Unified School District have an average math proficiency score of 17% (versus the California public school average of 34%), and reading proficiency score of 32% (versus the 49% statewide average"
    4
    Flag
  • Rafael O. R.
    "during the summer there are live concerts at the city park. there is a brewery that is really good. "
    4
    Flag
  • Esther S. A.
    "Lived here for over 15 years and it’s always been a nice and calm neighborhood. People are friendly here"
    0
    Flag
  • Anthonymontano1996
    "Many many schools. Good food places nearby. Grocery stores near by. Mall near by. Many children out at all times, very alive city"
    4
    Flag
  • Barbara_hendle
    "The Armenian Annual Festival, the 4th of July Fireworks Show. Very diversified community. Close, very close to downtown LA. "
    3
    Flag
  • Rosimartinez74
    "4th of July block party families get together, live band, potluck, Halloween trick o treating all neighbors know the kids. "
    2
    Flag
  • Johvana.tinajero
    "Prob owners wouldn’t like that most of the time you run into a stray dog and it’s terrifying, I always get scared these dogs are going to attack me or my dog "
    0
    Flag
  • Isalani5641
    "My area is terrifying. And trashy. And have had things stolen a lot in a gated community. It’s terrible if you’re used to quiet place and protection"
    1
    Flag
  • Louisquest31
    "This is city is always moving in a fast paced. Just watch out far cars. But I love Montebello since I could remember. "
    0
    Flag
  • Hidee H.
    "it is nice enjoyed lots of things to do and restaurants movies malls parks sports swimming pools.. Convenient markets near by"
    1
    Flag
  • Hidee H.
    "we have great parks and schools. There is one thing that we do need is a sports park for all the kids to play there sports instead at the different schools in the area. "
    0
    Flag
  • Janae M.
    "It’s a safe environment for children. The neighborhood is quiet and people are respectful. Close to freeways such as the 60."
    1
    Flag
  • Mariesshop
    "My neighbors are great and I live near parks and stores. The schools are also close by, great variety of places to eat"
    0
    Flag
  • Cynthia M.
    "Very unfriendly neighborhood cause traffic problems by stopping their cars in the middle of the street, very poorly educated people and lawsuits, so I tried to get out of here soon. It is definitely not a good area to live much less if you have children who go to school"
    8
    Flag
  • Mysteryinc2007
    " Family friendly area, park and library, well maintained. All around Nice area. My family has lived here for 5 years and we Love the area."
    2
    Flag
  • Arlette
    "too loud for independence day!! people will use illegal fireworks for 4th July... There is no Parking for visitors a lot of apartments on Greenwood Ave"
    1
    Flag
  • Dora G.
    "People walks theirs dogs with no leash and do not pick up after their dogs, I like the trash containers available to drop your dogs poop"
    1
    Flag
  • Medorystory
    "Safe neighborhood, groceries store nearby, farmers markets too. Safe to take walks during the evening time. Neighbors will alert you if they see something out of the ordinary "
    1
    Flag
  • Medorystory
    "Moved here a couple years ago, friendly peaceful neighborhood so far. Stores are nearby, mall is a few miles away as well. "
    0
    Flag
  • EM
    "No unleash dog park close in the city. There is no dog boarding facility close by. Many homes have beautiful dogs in the area, not the frightening kinds like pit bull "
    1
    Flag
  • Jean H.
    "I have lived in this neighborhood for 20 years and seen it approve in recent years. North Montebello is affordable, close to downtown and middle to upper class neighborhood. Most of my neighbors own their own businesses."
    0
    Flag
  • John C.
    "Local high school events like football games and yearly street carnival make this location special. "
    0
    Flag
  • A
    "Northern area of Montebello is safe enough. Parks are nice. Schools are not great. There are not a lot of activities for kids around except for the YMCA and a couple dance studios."
    0
    Flag
  • Ivyandroses1
    "There a lot of dogs on my block. Its safe to walk your dogs at any time of day, but the streets can get busy so be sure your dog doesn't run off. "
    0
    Flag
  • Lacoroner
    "Nothing. It is full of people that seldom interact, seldom consider their neighbors. The city council is embarrassingly ineffective and no one cares that effective representation will not exist until elections are done by district."
    1
    Flag
  • Stephanie W.
    "Good community and neighbors, very convenient to shopping around ，in night time have good view to see, I’m live in here 20 years"
    0
    Flag
  • Stephaniealva
    "love my neighbors everyone friendly and helps each other, quiet nice place to live and raise kids, good schools and great families"
    0
    Flag
  • Cindy c. A.
    "My neighborhood is amazing and friendly. They mind their business and talk to you. "
    0
    Flag
  • Leighplays123
    "i am not familiar with any events in my neighborhood. But the church i belong to does weekly bingo nights and regular fund raising events"
    0
    Flag

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Homes for sale near 862 W Mines Ave

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Off Market Homes Near 862 W Mines Ave

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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-07-05 01:26:08 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.