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8743 Somerset Boulevard, Paramount, CA 90723 Property Information

8743 Somerset Boulevard, Paramount, CA 90723 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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8743 Somerset Boulevard, Paramount, CA 90723
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Address

Primary address 8743 Somerset Boulevard, Paramount
Zip code 90723
County Los Angeles
Municipality Paramount

Sales & Tax Overview for 8743 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 11/15/2023
Sale price $30,000,000
Arm's length
Current property tax $1,845

Lot & Building Information for 8743 Somerset Boulevard, Paramount

Building class Petroleum Refinery, Chemical Plant (3720)
Acreage 0.663
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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 8743 Somerset Boulevard, Paramount

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  • • Improvements for 8743 Somerset Boulevard, Paramount , including their type, square footage, grade and when they were built.
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About 8743 Somerset Boulevard, Paramount

What is the market value of 8743 Somerset Boulevard, Paramount, CA 90723?

The current market value is $73,050.

Ownership Information

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Past Sales & Property History for 8743 Somerset Boulevard, Paramount

Create a free account to view the complete sales history for 8743 Somerset Boulevard, Paramount, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
11/15/2023 $30,000,000
03/16/2018 $1,000,000
       
       
       
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Title Documents for 8743 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
12/01/2023 Correction Grant Deed
(File correction - 9 or more parcels in a multiple sale)
11/15/2023 Grant Deed
(Sale for consideration - full DTT - 9 or more parcels in a multiple sale)
03/16/2018 Grant Deed
(Sale for consideration - full DTT - 9 or more parcels in a multiple sale)
               
               
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R: Recorded date
D: Document date

Property Taxes for 8743 Somerset Boulevard, Paramount

Access detailed property tax data for 8743 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 $881
Current property tax $1,845
Market value $73,050

Special Assessments And Penalties for 8743 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
06181 Greater L.A. County Vector Control District
00744 Los Angeles County Fire Department
03071 Los Angeles County Flood Control
31506 Mwd Water Standby Charge #13

Assessment History for 8743 Somerset Boulevard, Paramount

Here's the assessment & property tax history for 8743 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 $73,050 1.2065 $881 -86.69%
2024-2025 $547,293 1.2102 $6,623 +1.97%
2023-2024 $536,562 1.2106 $6,496 +2.82%
2022-2023 $526,042 1.2009 $6,317 +117.01%
2021-2022 $243,076 1.1975 $2,911 +2.46%

Permits for 8743 Somerset Boulevard, Paramount

The complete history of permits filed for 8743 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
01/11/2024
             
             
             
             
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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 8743 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 8743 Somerset Boulevard, Paramount

Here are the neighbors for 8743 Somerset Boulevard, Paramount.

Address Square feet Purchase date Purchase price
8815 Somerset Blvd, Paramount 2,780 08/01/2017 $600,000
8800 Rosecrans Ave, Paramount 5,729 08/13/2021 $1,900,000
14501 Lakewood Blvd, Paramount 141,567
14625 Lakewood Blvd, Paramount 1,989 10/11/2012 $1,732,000
8705 Rosecrans Ave, Paramount 1,144 01/25/2005
8711 Rosecrans Ave, Paramount 1,581 07/31/1996 $150,000
14601 Lakewood Blvd, Paramount 81,123 03/17/2010 $14,000,140
15001 Lakewood Blvd, Paramount 10,050 11/15/2023 $30,000,000
14833 Lakewood Blvd, Paramount 16,176 11/15/2023 $30,000,000
8747 Somerset Blvd, Paramount 11/15/2023 $30,000,000
8627 Rosecrans Ave, Paramount 1,800 07/11/2013
8715 Rosecrans Ave, Paramount 1,161 10/23/2014
8743 Compton Blvd, Paramount 11/15/2023 $30,000,000
14731 Lakewood Blvd, Paramount 11/15/2023 $30,000,000
15025 Lakewood Blvd, Paramount 4,720 12/21/2020
8737 Somerset Blvd, Paramount 11/15/2023 $30,000,000
14903 Lakewood Blvd, Paramount 11/15/2023 $30,000,000
8615 Rosecrans Ave, Paramount 11,072 07/11/2013
14525 Lakewood Blvd, Paramount 11,900 01/05/2026 $3,600,000
8595 Rosecrans Ave, Paramount 8,904 03/20/2020 $2,000,000

Nearby ZIP Codes for 8743 Somerset Boulevard, Paramount

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