7023 Somerset Blvd, Paramount, CA 90723 Property Records

Los Angeles County property record for 7023 Somerset Blvd, Paramount, CA 90723

Property Summary

Property Type	Retail Store
Details	1 ba · 1,202 sqft · built 1988
Lot Size	0.122 acres (5,307 sqft)
Owner	Individual Name on Record
Last Sale	$690,000 (Nov 2023)
Tax Bill	$9,305 (2025)
Deeds & Mortgages	Nov 2023 Sale & Mortgage Dec 2019 Sale & Mortgage
Flood Zone	Zone X (reduced by levee)
APN	`6237-001-054`

Property Details

APN / Parcel Number

Primary APN	`6237-001-054`

Interior

Full Baths	1 Bath
Stories	1 Story
Building Area	1,202 sqft Total Area

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Construction Type	Masonry / Concrete Block
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	5,307 sqft (0.122 acres)

Utilities, Heating & Cooling

Cooling System	None

Location & Zoning

Street Address	7023 SOMERSET BLVD
City	PARAMOUNT
State	CA
Zip	90723-3903
Property Category	Commercial
Property Type	Commercial > Retail > Retail Store
Local Zoning Code	PAC3*
Legal Description	TR=6251 EX OF ST LOTS 446 AND 447 BLK 53
Legal Subdivision	6251
Legal Tract	6251
Legal Block	53
Legal Lot Number	446,4
Jurisdiction	LOS ANGELES CA
Township / Civil Division	DOWNEY-NORWALK
Census Block Group	3
Census Block	3008
Census Tract	553701

Owner

Source: Los Angeles County records, as of August 25, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	3242 E CORTEZ ST, WEST COVINA, CA 91791-3049
Owner Type	Individual
Vesting	Unmarried Man

Deeds, Mortgages & Sale History

Date	Document
Nov 29, 2023	Grant Deed, Transfer · Commercial Mortgage BANK OF AMERICA NA
Dec 27, 2019	Grant Deed, Transfer · Commercial Mortgage PRIVATE BUSINESS CAPITAL

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 29, 2023 · Amount on Record
Deed Sale	Nov 29, 2023 · Amount on Record
Prior Sale	Dec 27, 2019 · Amount on Record
Deed Document Number	2023825661
Prior Transfer Date	Aug 1, 2012
Prior Transfer Doc	0001140370
Record Updated	Oct 29, 2026

November 2023: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	LOS ANGELES CA
Recording Date	Nov 29, 2023
Property Address	7023 SOMERSET BLVD, PARAMOUNT, CA 90723-3903
Document Number	0000825661
Map Reference	MB 67 PG 7-12
Instrument Date	Sep 15, 2023
Instrument	23-0825661
Transaction Type	Transfer
Record Updated	Dec 7, 2023
Title Company	ORANGE COAST TITLE COMPANY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3242 E CORTEZ ST, WEST COVINA, CA 91791-3049

Mortgage

Document Number	0000825662
Date	Nov 29, 2023
Instrument	23-0825662

Lender

Name	BANK OF AMERICA NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

December 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	LOS ANGELES CA
Recording Date	Dec 27, 2019
Property Address	7023 SOMERSET BLVD, PARAMOUNT, CA 90723-3903
Document Number	0001448208
Map Reference	MB 67 PG 7-12
Instrument Date	Aug 5, 2019
Instrument	19-1448208
Transaction Type	Transfer
Record Updated	Jul 20, 2022
Title Company	NORTH AMERICAN TITLE COMPANY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	7023 SOMERSET BLVD, PARAMOUNT, CA 90723-3903

Mortgage

Document Number	0001448209
Date	Dec 27, 2019
Instrument	19-1448209

Lender

Name	PRIVATE BUSINESS CAPITAL
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Los Angeles County assessment roll, as of August 25, 2026

Property Jurisdictions

Type	Name
State	California
County	Los Angeles County
Municipality	Paramount City
Unified School District	Paramount Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$717,876 (+2%) Land $416,160 Building $301,716
2025	$9,305.00 (+60.68%)	$703,800 (+67.38%) Land $408,000 Building $295,800
2023	$5,791.00 (+2.68%)	$420,469 Land $294,329 Building $126,140
2022	$5,640.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective September 30, 2026

FEMA Flood Zone	Zone X reduced by levee · depends on levee performance
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	PARAMOUNT - CITY, WATER DEPT. serves 55,200 people · EPA ID CA1910105
Water Source	Purchased surface water from several systems
Last State Inspection	Oct 2025
Lead	Under 1 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 735 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30

May also be available: AT&T, GeoLinks, T-Mobile.

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