Los Angeles County  »  90723  »  Somerset Blvd  »  7116 Somerset Blvd

7116 Somerset Boulevard, Paramount, CA 90723 - Property report

Also known as: 7116 Somerset Blvd

Property image for 7116 Somerset Boulevard, Paramount, CA 90723
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Property type

Single Family Residence - Vacant (010V)

Acreage

0.325

Sale price

$4,000,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
7116 Somerset Blvd
Paramount, CA 90723
Zip code
90723
County
Los Angeles
Municipality
Paramount

Owner

Find out who owns 7116 Somerset Boulevard, Paramount, CA 90723. Uncover corporate and individual owners with a free account.

Building
Property type
Single Family Residence - Vacant
Last altered
Sales
Sale date
06/05/2026
Sale price
$4,000,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$2,000
Zoning & use
Zoning
Multiple-Family Residential (R-M)
Lot
Acreage
0.325

Area overview

Walk score
31 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
52 /100.  Bikeable
School district
Paramount Unified School District
Weed hazard
No
Ownership

Ownership information for 7116 Somerset Boulevard, Paramount, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 7116 Somerset Boulevard, Paramount, CA 90723

Sale date Sale price Buyer name Seller name
06/05/2026 $4,000,000 XXXXXXX XXXXXXXXX XXXXX XXX XXXX XXXXX XXXXXXXXXX XXXXXXX XXXXXXXXX XXX
10/16/2002 $2,806,028 XXXX XXXXX XXXXXXXXXX XXXXXXX
06/30/2000 $4,376,543 XXXXXXXX XXXXXXX XXX XXXX XXXXXXX XXXXXXX XXXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
06/05/2026 Agreement XXXXXXX XXXXXXXXX XXXXX XXX XXX XXXX
06/05/2026 Assignment of Rents XXXXXXX XXXXXXXXX XXXXX XXX XXX XXXX
06/05/2026 Assignment of Rents
Financing Statement
Trust Deed		 XXXXXXX XXXXXXXXX XXXXX XXX XXX XXXX
06/05/2026 Grant Deed XXXX XXXXX XXXXXXXXXX XXXXXXX XXXXXXXXX XXX XXXXXXX XXXXXXXXX XXXXX XXX
10/16/2002 Deed
(Sale for consideration - full DTT - 6 parcels in multiple sale)		 XXXX XXXXX XXXXXXXXXX XXXXXXX
06/30/2000 Deed
(Sale for consideration - full DTT - 9 or more parcels in a multiple sale)		 XXXXXXX XXXXXXX XXXX XXXXXXXX XXXXXXX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 7116 Somerset Boulevard, Paramount, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$2,000
Current property tax
$94
Recent tax assessments
Market value
$165,740
Land value
$165,740

More about Los Angeles County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $162,491 1.2065 $1,960 +1.69%
2024-2025 $159,305 1.2102 $1,928 +1.97%
2023-2024 $156,182 1.2106 $1,891 +2.82%
2022-2023 $153,120 1.2009 $1,839 +2.27%
2021-2022 $150,118 1.1975 $1,798 +2.47%
2020-2021 $148,579 1.180937 $1,755 -3.35%
2019-2020 $142,810 1.271288 $1,816 +6.63%
2018-2019 $140,010 1.2161 $1,703 +3.34%
2017-2018 $137,265 1.2004 $1,648 +8.14%
2016-2017 $134,574 1.1322 $1,524 +6.61%

Special assessments & penalties for 7116 Somerset Boulevard, Paramount, CA

Code Description Tax levied
35071 Central Basin Mwd Standby Charge
06181 Greater L.A. County Vector Control District
00744 Los Angeles County Fire Department
03071 Los Angeles County Flood Control
04000 Los Angeles County Sewer Maintenance
31506 Mwd Water Standby Charge #13
Permits

Permit information for 7116 Somerset Boulevard, Paramount, CA

No recently recorded permits for this property.

More about Los Angeles County property records

Neighborhood

Paramount residential market stats

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.

Median sale price

$599,500

-6.5% Y-o-Y

Median price/sq. ft.

$508

-11.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Risk

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FEMA flood zones

FEMA flood zones
X
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 7116 Somerset Boulevard, Paramount, CA 90723 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Los Cerritos School 4 Public K-5 387 0.33
Mark Keppel School 5 Public K-5 393 0.40
Clinton, William Jefferson School 7 Public K-8 791 0.45
Thurgood Marshall School 4 Public K-12 52 0.49
Howard Tanner School 6 Public K-5 462 0.50
Leona Jackson School 4 Public 4-8 695 0.76
Wesley Gaines School 5 Public K-3 335 0.80
Our Lady Of The Rosary School NR Private K-8 199 0.82
Paramount Adult NR Public 0 0.90
Paramount Virtual Academy 5 Public K-12 55 0.93
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Frank J. Zamboni School 7 Public 6-8 737 0.40
Clinton, William Jefferson School 7 Public K-8 791 0.45
Thurgood Marshall School 4 Public K-12 52 0.49
Leona Jackson School 4 Public 4-8 695 0.76
Our Lady Of The Rosary School NR Private K-8 199 0.82
Paramount Adult NR Public 0 0.90
Paramount Unified Community Day School NR Public 7-12 10 0.90
Paramount Virtual Academy 5 Public K-12 55 0.93
Whaley Middle School 4 Public 6-8 473 0.96
Paramount Park Middle School 6 Public 6-8 565 1.00
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Thurgood Marshall School 4 Public K-12 52 0.49
Cesar Chavez Continuation High School 3 Public 9-12 288 0.49
Dominguez High School 6 Public 9-12 1,769 0.49
Paramount Adult NR Public 0 0.90
Paramount Unified Community Day School NR Public 7-12 10 0.90
Paramount Virtual Academy 5 Public K-12 55 0.93
Paramount High School 5 Public 9-12 3,737 1.34
New Life Christian Academy NR Private K-12 0 1.64
Marco Antonio Firebaugh High School 4 Public 9-12 1,606 1.68
Redbai Creative Learning NR Private K-12 0 1.68

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 7116 Somerset Boulevard, Paramount, CA

15302 Gundry Ave, Paramount 15314 Orange Ave, Paramount 15136 Gundry Ave, Paramount 15316 Gundry Ave, Paramount 15128 Gundry Ave, Paramount 7100 Somerset Blvd, Paramount 15117 Gundry Ave, Paramount 7122 Somerset Blvd, Paramount 15334 Gundry Ave, Paramount 15144 Gundry Ave, Paramount 7052 Somerset Blvd, Paramount 15328 Gundry Ave, Paramount 15122 Gundry Ave, Paramount 15111 Gundry Ave, Paramount 7126 Somerset Blvd, Paramount 15308 Orange Ave, Paramount 15356 Gundry Ave, Paramount 7110 Somerset Blvd, Paramount 15320 Gundry Ave, Paramount 15148 Gundry Ave, Paramount

Nearby ZIP codes for 7116 Somerset Boulevard, Paramount, CA

90059, Los Angeles County, CA 90201, Los Angeles County, CA 90220, Los Angeles County, CA 90221, Los Angeles County, CA 90222, Los Angeles County, CA 90240, Los Angeles County, CA 90241, Los Angeles County, CA 90242, Los Angeles County, CA 90262, Los Angeles County, CA 90270, Los Angeles County, CA 90280, Los Angeles County, CA 90701, Los Angeles County, CA 90706, Los Angeles County, CA 90713, Los Angeles County, CA 90805, Los Angeles County, CA 90806, Los Angeles County, CA 90807, Los Angeles County, CA 90808, Los Angeles County, CA

Frequently asked questions

What is the market value of 7116 Somerset Boulevard, Paramount, CA 90723?

The current market value of 7116 Somerset Boulevard, Paramount, CA 90723 is $162,491.

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