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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Apartment buildings
812 Mines Ave Montebello, CA 90640-5550
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6923571
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
7,124 SF
Lot
0.26 ac (11,441 SF)
Zoning code
MNR3YY
APN
6350-022-038
UPID
US09-6923571
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.30M
CAP Approach
CAP
$1.77M
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$2.30M
Owner & transaction history
Under The Dome LLC · 2 yrs held
Under The Dome LLC
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
MNR3YY · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.3M
+92.8%
Medical building
$3.2M
+89.5%
Warehouse, storage
$2.1M
+22.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Montebello submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montebello submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,300,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
$1,910,000
6.5%
$1,765,000
7%
$1,640,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,710,000
Current use
AUTO REPAIR, GARAGE
$3,295,000
Change: +93% · Conversion: Difficult
MEDICAL BUILDING
$3,240,000
Change: +89% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,095,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$2,050,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,935,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10% · vs last sale $2.30M (Jun 5 2024)
Last sale anchor
$2.30M
Jun 5 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$323 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$21,678
Tax year 2024
Assessed value
$1,416,133
Assessed 2024
Previous assessed
$1,416,133
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$492,567
Assessed improvement
$923,566
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Units
10
Bathrooms
11
Total area
7,124 SF
Lot
0.26 ac (11,441 SF)
Zoning code
MNR3YY
APN
6350-022-038
UPID
US09-6923571
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNR3YY · Montebello, CA
Zoning MNR3YY · permitted uses
MNR3YY · Montebello, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montebello. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$3.2M
WAREHOUSE, STORAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
NONE
Units
10
Bathrooms
11
Lot
0.26 ac
Current owner
From public records · entity-resolved
Under The Dome LLC
Entity
Mailing address
1270 FIRESTONE BLVD #740, SOUTH GATE, CA 90280
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2025
—
Under The Dome LLC
—
Deed
related
$656,000 · Sdc Capital Income Fund Reit LLC
Jun 5, 2024
$2,300,000
Under The Dome LLC
28th Century Dragon Investment LLC
Grant Deed
$230,000 · Warlyn INC
Oct 26, 2011
—
28th Century Dragon Investment
Lam,barbara
Grant Deed
—
Oct 24, 2011
—
Barbara Lam
Lam,edward
Affidavit Of Death
related
—
Jul 30, 2004
—
Edward Lam
Lam,barbara & David
Quit Claim Deed
related
—
Sep 2, 2003
—
Barbara Lam
Lam,edward & Jenni
Quit Claim Deed
related
—
Jul 9, 2003
—
Edward Lam
Lam,edward
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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