7221 Petrol St, Unit 39, Paramount, CA 90723 Property Records

Los Angeles County property record for 7221 Petrol St, Unit 39, Paramount, CA 90723

Property Summary

Property Type	Condominium
Details	2 bd · 2 ba · 829 sqft · built 1989
Lot Size	1.93 acres (84,308 sqft)
Owner	2 Company Names on Record
Last Sale	$100,000 (Nov 2012)
Tax Bill	$3,237 (2025)
Deeds & Mortgages	Sep 2019 Mortgage
Flood Zone	Zone X (reduced by levee)
APN	`6241-024-102`

Property Details

APN / Parcel Number

Primary APN	`6241-024-102`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Building Area	829 sqft Living Area

Exterior

Year Built	Built 1989
Effective Year Built	Effective 1989
Architectural Style	Condo/Apartment
Construction Type	Wood
Lot Area	84,308 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Street Address	7221 PETROL ST, 39
City	PARAMOUNT
State	CA
Zip	90723-5751
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	PARM*
Legal Description	TR=46929 LOT 1 CONDO UNIT 39
Legal Subdivision	PETROL VILLAS
Legal Tract	46929
Legal Block	1
Legal Lot Number	1
Jurisdiction	LOS ANGELES CA
Township / Civil Division	DOWNEY-NORWALK
Census Block Group	1
Census Block	1006
Census Tract	553601

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	2 Company Names on Record
Mailing Address	20232 CHIANTI CT, YORBA LINDA, CA 92886-8601
Owner Type	Company
Vesting	Trust, Family Trust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Nov 16, 2012 · Amount on Record
Deed Sale	Nov 16, 2012 · Amount on Record
Prior Sale	Sep 6, 2012
Deed Document Number	20121748321
Prior Transfer Date	May 15, 1997
Prior Transfer Doc	0000752583
Record Updated	Oct 29, 2026

September 2019: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	LOS ANGELES CA
Recording Date	Sep 20, 2019
Property Address	7221 PETROL ST UNIT 39, 39, PARAMOUNT, CA 90723-5751
Document Number	0000984621
Map Reference	MB 1141 PG 87&88
Instrument Date	Sep 16, 2019
Instrument	19-0984621
Transaction Type	Transfer
Record Updated	Jun 21, 2022
Title Company	ORANGE COAST TTL CO OF SOCAL

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Living Trust
Address	20232 CHIANTI CT, YORBA LINDA, CA 92886-8601

Mortgage

Document Number	0000984622
Date	Sep 20, 2019
Instrument	19-0984622

Lender

Name	WELLS FARGO BANK NA
Type	Bank

Agreement

Type	ARM
Amount	Amount Recorded
Term	361 Months
Due	Oct 1, 2049

Interest

Rate Type	Adjustable Rate
Rate	3.5%
Type Change Date	Oct 1, 2029
Change Frequency	Annually
Min Rate At Change	2.25%
Max Rate At Change	8.5%
Index	1-Year LIBOR
Max Rate	8.5%

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		$231,227 (+2%) Land $46,018 Building $185,209
2025	$3,237.00 (+5.92%)	$226,700 (+4.04%) Land $45,118 Building $181,582
2023	$3,056.00 (+2.76%)	$217,899 Land $43,367 Building $174,532
2022	$2,974.00

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 309 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
AT&T DSL · Fiber, Fixed Wireless in parts of the area	100 / 20

May also be available: GeoLinks, T-Mobile.

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