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7023 Somerset Boulevard, Paramount, CA 90723 Property Information

7023 Somerset Boulevard, Paramount, CA 90723 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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7023 Somerset Boulevard, Paramount, CA 90723
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Address

Primary address 7023 Somerset Boulevard, Paramount
Zip code 90723
County Los Angeles
Municipality Paramount

Sales & Tax Overview for 7023 Somerset Boulevard, Paramount

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

Sale date 11/29/2023
Sale price $690,000
Arm's length
Current property tax $9,403

Lot & Building Information for 7023 Somerset Boulevard, Paramount

Building sqft 1,202
Building class Store - One Story (1100)
Acreage 0.122
Units 1
Year built 1988
Year last altered 1989
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Paramount Unified School District

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Other Property Data for 7023 Somerset Boulevard, Paramount

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  • • Improvements for 7023 Somerset Boulevard, Paramount , including their type, square footage, grade and when they were built.
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About 7023 Somerset Boulevard, Paramount

How many sq. ft. does 7023 Somerset Boulevard, Paramount, CA 90723 have & what is the price per sq. ft?

This Store - One Story (1100) located at 7023 Somerset Boulevard, Paramount, CA 90723 has a total of 1,202 square feet and a current price per square foot of $574.

What is the year built & the current market value of 7023 Somerset Boulevard, Paramount, CA 90723?

7023 Somerset Boulevard, Paramount, CA 90723 was built in 1988 and has a current tax assessor's market value of $717,876.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 7023 Somerset Boulevard, Paramount

Create a free account to view the complete sales history for 7023 Somerset Boulevard, Paramount, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
11/29/2023 $690,000
12/27/2019 $550,000
       
       
       
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Title Documents for 7023 Somerset Boulevard, Paramount

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
12/08/2023 Reconveyance
11/29/2023 Assignment of Rents
Financing Statement
Trust Deed
11/29/2023 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
12/27/2019 Assignment of Rents
12/27/2019 Assignment of Rents
Financing Statement
Trust Deed
12/27/2019 Grant Deed
(Sale for consideration - full DTT - 2 parcels in multiple sale)
08/01/2012 Grant Deed
(File correction - Single parcel sale)
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R: Recorded date
D: Document date

Property Taxes for 7023 Somerset Boulevard, Paramount

Access detailed property tax data for 7023 Somerset Boulevard, Paramount, CA 90723. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $8,661
Current property tax $9,403
Market value $717,876

Special Assessments And Penalties for 7023 Somerset Boulevard, Paramount

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
06181 Greater L.A. County Vector Control District
03694 La County Regional Park And Open Space District
00744 Los Angeles County Fire Department

Assessment History for 7023 Somerset Boulevard, Paramount

Here's the assessment & property tax history for 7023 Somerset Boulevard, Paramount, 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 $717,876 1.2065 $8,661 +1.69%
2024-2025 $703,800 1.2102 $8,517 +64.05%
2023-2024 $428,877 1.2106 $5,192 +2.82%
2022-2023 $420,469 1.2009 $5,049 +2.30%
2021-2022 $412,225 1.1975 $4,936 +2.44%

Permits for 7023 Somerset Boulevard, Paramount

The complete history of permits filed for 7023 Somerset Boulevard, Paramount, 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.

Paramount residential market stats

Median Sale Price
$526,000
-9.7% YoY
Median Price/Sqft
$496
2.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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

Demographics by Zip Code

Total population 52,050
Median age 33.4
Average household income $93,855
Family households 78.4%
Occupied housing units 14,618
Owner occupied units 43.0%
Average number of people per household 3.54
Median year structure built 1971
Median value for units with a mortgage $579,900
Median value for units without a mortgage $371,200

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 7023 Somerset Boulevard, Paramount 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 7023 Somerset Boulevard, Paramount

Here are the neighbors for 7023 Somerset Boulevard, Paramount.

Address Square feet Purchase date Purchase price
14904 Orange Ave, Paramount 2,378 05/30/2008 $401,000
14920 Orange Ave, Paramount 1,600 01/30/2018 $685,000
7026 San Marcus St, Paramount 2,351 12/29/2017 $570,000
7015 Somerset Blvd, Paramount 1,848 06/24/2022
7057 Somerset Blvd, Paramount 2,600
14912 Orange Ave, Paramount 1,500 06/07/2022
7049 Somerset Blvd, Paramount 708 10/07/2008
7011 Somerset Blvd, Paramount 3,032 08/02/2021
7032 San Marcus St, Paramount 1,295 07/29/2024 $560,000
7036 San Marcus St, Paramount 900 06/17/1994
7051 Somerset Blvd, Paramount 893 02/06/2020 $435,000
7031 Somerset Blvd, Paramount 1,496 12/23/2011 $419,000
7045 Somerset Blvd, Paramount 3,520 06/21/2006
7025 Somerset Blvd, Paramount 624 11/27/2024
14916 Orange Ave, Paramount 855 05/14/2021
14900 Orange Ave, Paramount 2,043 01/13/2025
15010 Orange Ave, Paramount 1,390 12/19/2018 $535,000
15004 Orange Ave, Paramount 852 05/13/2025
7029 Somerset Blvd, Paramount 512 09/01/2022
14908 Orange Ave, Paramount 2,750 09/23/2025

Nearby ZIP Codes for 7023 Somerset Boulevard, Paramount

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