7122 Somerset Blvd, Paramount, CA 90723 Property Records

Los Angeles County property record for 7122 Somerset Blvd, Paramount, CA 90723

Property Summary

Property TypeResidential Multi-Family Vacant Land
Lot Size0.387 acres (16,870 sqft)
OwnerCompany Name on File
Last Sale$4,000,000 (Jun 2026)
Tax Bill$94 (2025)
Deeds & MortgagesJun 2026 Sale & Mortgage
Flood ZoneZone X (reduced by levee)
APN6240-003-016

Property Details

APN / Parcel Number

Primary APN6240-003-016
Alternative APN
  • 6240003901

Exterior

Lot Area16,870 sqft (0.387 acres)

Location & Zoning

Street Address7122 SOMERSET BLVD
CityPARAMOUNT
StateCA
Zip90723-3906
Property CategoryResidential
Property TypeVacant Land > Residential Multi-Family
Local Zoning CodePARM*
Legal DescriptionCALIFORNIA COOPERATIVE COLONY TR N 279 FT OF W 60 FT OF E 120 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 Block2001
Census Tract553801

Owner

7122 Somerset Blvd, residential multi-family vacant land, is owned by a company that bought it in June 2026.

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

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

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

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

June 2026: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionLOS ANGELES CA
Recording DateJun 5, 2026
Property Address7122 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 on Record
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 on Record
Interest
Rate6.23%
Max Rate-1%

Tax Assessment & Valuation

The 2025 property tax bill for 7122 Somerset Blvd was $94, up 8% from the year before.

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$177,263 (+2%) Land $177,263
2025$94.00 (+8.05%)$173,788 Land $173,788
2024$87.00 (-73.56%)
2023$329.00 (+301.22%)$167,041 Land $167,041
2022$82.00

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

FEMA maps place 7122 Somerset Blvd in Zone X, where a levee reduces flood risk, though there have been 3 flood claims nearby since 1992.

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

The area around 7122 Somerset Blvd has no burnable land within ember reach, so its wildfire risk is not rated.

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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