7116 Somerset Blvd, Paramount, CA 90723 Property Records

Los Angeles County property record for 7116 Somerset Blvd, Paramount, CA 90723

Property Summary

Property TypeResidential Vacant Land
Lot Size0.325 acres (14,169 sqft)
OwnerCompany Name on Record
Last Sale$4,000,000 (Jun 2026)
Tax Bill$93 (2025)
Deeds & MortgagesJun 2026 Sale & Mortgage
Flood ZoneZone X (reduced by levee)
APN6240-003-015

Property Details

APN / Parcel Number

Primary APN6240-003-015
Alternative APN
  • 6240003902

Exterior

Lot Area14,169 sqft (0.325 acres)

Location & Zoning

Street Address7116 SOMERSET BLVD
CityPARAMOUNT
StateCA
Zip90723-3906
Property CategoryResidential
Property TypeVacant Land > Residential
Local Zoning CodePARM*
Legal DescriptionCALIFORNIA COOPERATIVE COLONY TR N 279 FT OF W 50 FT OF E 170 FT LOT 3 BLK 10
Legal SubdivisionCALIFORNIA COOPERATIVE COLONY TRACT
Legal TractN
Legal Block10
Legal Lot Number3
JurisdictionLOS ANGELES CA
Township / Civil DivisionDOWNEY-NORWALK
Census Block Group2
Census Block2002
Census Tract553801

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 RecordCompany Name on Record
Mailing Address11940 SAN VICENTE BLVD, 105, LOS ANGELES, CA 90049-5004
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 5, 2026 · Amount on Record
Deed SaleJun 5, 2026 · Amount on Record
Prior SaleOct 16, 2002 · Amount on Record
Deed Document Number2026414756
Record UpdatedOct 29, 2026

June 2026: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionLOS ANGELES CA
Recording DateJun 5, 2026
Property Address7116 SOMERSET BLVD, PARAMOUNT, CA 90723-3906
Document Number0000414756
Instrument DateMay 13, 2026
Instrument2026414756
Transaction TypeTransfer
Record UpdatedJun 12, 2026
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$444,400.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
InvestorPossibly a Property Investor

Mortgage

Document Number0000414757,
DateJun 5, 2026
Instrument2026414757
Lender
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate6.23%
Max Rate-1%

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateCalifornia
CountyLos Angeles County
MunicipalityParamount City
Unified School DistrictParamount Unified School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2026$162,491 (+2%) Land $162,491
2025$93.00 (-72.81%)$159,305 (+4.04%) Land $159,305
2023$342.00 (+322.22%)$153,120 Land $153,120
2022$81.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective September 30, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
reduced by levee · depends on levee performance
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims3 (1992–1998)
Claims Outside the SFHA3 of 3
Most Recent ClaimFeb 1998 · Severe Winter Storms And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

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

Wildfire RiskNot 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 SystemPARAMOUNT - CITY, WATER DEPT.
serves 55,200 people · EPA ID CA1910105
Water SourcePurchased surface water from several systems
Last State InspectionOct 2025
LeadUnder 1 ppb (2026–2028)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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

ProviderMax 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.

Nearby Properties on Somerset Blvd

Nearby Streets

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