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12040 Paramount Boulevard, Downey, CA 90242 Property Information

12040 Paramount Boulevard, Downey, CA 90242 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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12040 Paramount Boulevard, Downey, CA 90242
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Address

Primary address 12040 Paramount Boulevard, Downey
Zip code 90242
County Los Angeles
Municipality Downey

Sales & Tax Overview for 12040 Paramount Boulevard, Downey

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 05/25/2021
Sale price $1,450,000
Current property tax $22,273

Lot & Building Information for 12040 Paramount Boulevard, Downey

Building sqft 5,030
Building class Store
Acreage 0.367 i
Units 8
Year built 1965
Year last altered 1970
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Downey Unified School District

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Other Property Data for 12040 Paramount Boulevard, Downey

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About 12040 Paramount Boulevard, Downey

How many sq. ft. does 12040 Paramount Boulevard, Downey, CA 90242 have & what is the price per sq. ft?

This Store (SCILSR) located at 12040 Paramount Boulevard, Downey, CA 90242 has a total of 5,030 square feet and a current price per square foot of $288.

What is the year built & the current market value of 12040 Paramount Boulevard, Downey, CA 90242?

12040 Paramount Boulevard, Downey, CA 90242 was built in 1965 and has a current tax assessor's market value of $1,600,914.

How many commercial spaces does this building have?

This building has 8 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 12040 Paramount Boulevard, Downey

Create a free account to view the complete sales history for 12040 Paramount Boulevard, Downey, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
05/25/2021 $1,450,000
04/28/2000 $425,004
       
       
       
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Title Documents for 12040 Paramount Boulevard, Downey

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
01/10/2025 Assignment of Rents
Trust Deed
10/04/2024 Modify Agreement
06/04/2024 Assignment Trust Deed
10/26/2022 Termination Financing Statement
10/14/2022 Assignment of Rents
10/14/2022 Assignment of Rents
Financing Statement
Trust Deed
05/25/2021 Financing Statement
05/25/2021 Assignment of Lease
Assignment of Rents
05/25/2021 Assignment of Rents
Financing Statement
Trust Deed
08/20/2046
05/25/2021 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
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R: Recorded date
D: Document date

Property Taxes for 12040 Paramount Boulevard, Downey

Access detailed property tax data for 12040 Paramount Boulevard, Downey, CA 90242. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $19,097
Current property tax $22,273
Market value $1,600,914

Special Assessments And Penalties for 12040 Paramount Boulevard, Downey

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
35071 Central Basin Mwd Standby Charge
06202 County Sanitation District #2
14358 Downey Light District Zone L
14354 Downey Lighting District Zone Ii
14353 Downey Safety Lighting Zone Iii

Assessment History for 12040 Paramount Boulevard, Downey

Here's the assessment & property tax history for 12040 Paramount Boulevard, Downey, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $1,600,914 1.1929 $19,097 +1.61%
2024-2025 $1,569,525 1.1975 $18,795 +3.72%
2023-2024 $1,538,751 1.1776 $18,120 +5.53%
2022-2023 $1,508,580 1.1382 $17,171 +144.46%
2021-2022 $615,520 1.1411 $7,024 +1.61%

Permits for 12040 Paramount Boulevard, Downey

The complete history of permits filed for 12040 Paramount Boulevard, Downey, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Data not available for this property.

Downey residential market stats

Median Sale Price
$825,000
-2% YoY
Median Price/Sqft
$564
4.3% YoY
Los Angeles County Median Sale Price
$889,500
1.7% YoY

Access a detailed real estate market overview of Downey so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Downey and compare it to other neighborhoods in Los Angeles County.

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Demographics By Zip Code

Total population 40,983
Median age 37
Average household income $105,530
Family households 77.2%
Occupied housing units 12,571
Owner occupied units 52.4%
Average number of people per household 3
Median year structure built 1959
Median value for units with a mortgage $685,400
Median value for units without a mortgage $658,900

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

Access the detailed traffic volume map for 12040 Paramount Boulevard, Downey to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 12040 Paramount Boulevard, Downey

Here are the neighbors for 12040 Paramount Boulevard, Downey.

Address Square feet Purchase date Purchase price
8035 Duesler Ln, Downey 2,485 12/26/2024
8107 Bergman Ln, Downey 1,768 10/15/2021
8021 Duesler Ln, Downey 2,509 07/09/2024
8109 Duesler Ln, Downey 1,627 05/07/2021
8131 Bergman Ln, Downey 1,515 05/25/2018
8121 Bergman Ln, Downey 1,262 08/16/2016 $477,500
8041 Bergman Ln, Downey 1,681 11/16/2020
12051 Orizaba Ave, Downey 840 04/19/2023
8034 Bergman Ln, Downey 755 01/16/2024
8113 Bergman Ln, Downey 938 07/12/2024 $599,000
8025 Bergman Ln, Downey 2,010
8019 Bergman Ln, Downey 2,993 08/24/2010 $570,005
12066 Paramount Blvd, Downey 16,346 10/01/2020
8031 Bergman Ln, Downey 1,262 02/19/2008
8101 Duesler Ln, Downey 2,010 07/08/2024
8123 Duesler Ln, Downey 2,448 04/16/2012
8117 Bergman Ln, Downey 1,984 08/19/2025
8028 Bergman Ln, Downey 850 08/10/2000
8131 Duesler Ln, Downey 1,718 12/16/2025
8119 Bergman Ln, Downey 2,375 11/01/2021 $899,000

Nearby ZIP Codes for 12040 Paramount Boulevard, Downey

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