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7502 Somerset Boulevard, Paramount, CA 90723 Property Information

7502 Somerset Boulevard, Paramount, CA 90723 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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7502 Somerset Boulevard, Paramount, CA 90723
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Address

Primary address 7502 Somerset Boulevard, Paramount
Zip code 90723
County Los Angeles
Municipality Paramount

Sales & Tax Overview for 7502 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 01/28/2025
Sale price $950,000
Arm's length
Current property tax $16,646

Lot & Building Information for 7502 Somerset Boulevard, Paramount

Building sqft 1,892
Building class Restaurant, Cocktail Lounge, Tavern - One Story (2100)
Acreage 0.223
Year built 1967
Year last altered 1992
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 7502 Somerset Boulevard, Paramount

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About 7502 Somerset Boulevard, Paramount

How many sq. ft. does 7502 Somerset Boulevard, Paramount, CA 90723 have & what is the price per sq. ft?

This Restaurant, Cocktail Lounge, Tavern - One Story (2100) located at 7502 Somerset Boulevard, Paramount, CA 90723 has a total of 1,892 square feet and a current price per square foot of $502.

What is the year built & the current market value of 7502 Somerset Boulevard, Paramount, CA 90723?

7502 Somerset Boulevard, Paramount, CA 90723 was built in 1967 and has a current tax assessor's market value of $1,024,040.

Ownership Information

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Past Sales & Property History for 7502 Somerset Boulevard, Paramount

Create a free account to view the complete sales history for 7502 Somerset Boulevard, Paramount, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
01/28/2025 $950,000
05/01/2018 $900,000
06/04/2015 $700,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 7502 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
01/28/2025 Assignment of Rents
Trust Deed
01/28/2025 Grant Deed
(Sale for consideration - full DTT)
01/28/2025 Interspousal Transfer Grant Deed
12/02/2024 Grant Deed
09/25/2023 Reconveyance
08/15/2023 Assignment of Rents
Trust Deed
07/20/2023 Lease
Option
07/20/2018 Grant Deed
(Reappraisal transfer - no DTT - Single parcel sale)
05/01/2018 Agreement
05/01/2018 Assignment of Rents
Financing Statement
Trust Deed
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R: Recorded date
D: Document date

Property Taxes for 7502 Somerset Boulevard, Paramount

Access detailed property tax data for 7502 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 $12,355
Current property tax $16,646
Market value $1,024,040

Special Assessments And Penalties for 7502 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 7502 Somerset Boulevard, Paramount

Here's the assessment & property tax history for 7502 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 $1,024,040 1.2065 $12,355 +1.69%
2024-2025 $1,003,961 1.2102 $12,150 +1.97%
2023-2024 $984,276 1.2106 $11,916 +2.82%
2022-2023 $964,978 1.2009 $11,588 +2.29%
2021-2022 $946,058 1.1975 $11,329 +2.45%

Permits for 7502 Somerset Boulevard, Paramount

The complete history of permits filed for 7502 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.

Issued Permit Type Sub type Valuation Expires Status
01/02/2013
             
             
             
             
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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 7502 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 7502 Somerset Boulevard, Paramount

Here are the neighbors for 7502 Somerset Boulevard, Paramount.

Address Square feet Purchase date Purchase price
7524 Somerset Blvd, Paramount 1,018 06/25/2002 $270,002
7750 Somerset Blvd, Paramount 2,814
15555 Texaco Ave, Paramount 35,920 11/09/2016
15145 Minnesota Ave, Paramount 06/10/1996
15133 Minnesota Ave, Paramount 346 03/07/2022
15120 Garfield Ave, Paramount 5,224 06/10/2014
7512 Somerset Blvd, Paramount 1,010 04/26/2019 $336,000
7523 Adams St, Paramount 720 08/27/2024 $3,800,000
15717 Texaco Ave, Paramount 25,700 11/07/2011
15112 Garfield Ave, Paramount 903 12/28/2006
7518 Somerset Blvd, Paramount 867 02/28/2018 $700,000
7530 Somerset Blvd, Paramount 1,053
15146 Garfield Ave, Paramount 2,880 08/23/1995
15700 Texaco Ave, Paramount 21,602 05/26/2017 $4,700,000
15137 Minnesota Ave, Paramount 06/10/1996
15124 Garfield Ave, Paramount 3,477 02/15/2001 $150,001
7515 Adams St, Paramount 684 03/25/2021 $900,000
7543 Adams St, Paramount 1,039 09/19/2016
15535 Texaco Ave, Paramount 19,976 11/09/2016
15141 Minnesota Ave, Paramount 576 01/23/2013 $230,000

Nearby ZIP Codes for 7502 Somerset Boulevard, Paramount

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