7221 Petrol St, Unit 59, Paramount, CA 90723 Property Records

Los Angeles County property record for 7221 Petrol St, Unit 59, Paramount, CA 90723

Property Summary

Property Type	Condominium
Details	2 bd · 2 ba · 826 sqft · built 1989
Lot Size	1.93 acres (84,308 sqft)
Owner	2 Individual Names on File
Last Sale	$420,000 (Aug 2022)
Tax Bill	$5,773 (2025)
Deeds & Mortgages	Aug 2022 Sale & Mortgage
Flood Zone	Zone X (reduced by levee)
APN	`6241-024-122`

Property Details

APN / Parcel Number

Primary APN	`6241-024-122`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Building Area	826 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, 59
City	PARAMOUNT
State	CA
Zip	90723-5754
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	PARM*
Legal Description	TR=46929 LOT 1 CONDO UNIT 59
Legal Subdivision	PARAMOUNT EMERALD COURT
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 · APN 6241-024-122

Assessment roll updated May 21, 2026 · Last verified June 2026

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

Owner of Record	2 Individual Names on File
Mailing Address	7221 PETROL ST, 59, PARAMOUNT, CA 90723-5754
Owner Type	Individual
Vesting	Joint Tenants

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Aug 30, 2022 · Amount on Record
Deed Sale	Aug 30, 2022 · Amount on Record
Prior Sale	Jun 21, 2001 · Amount on Record
Deed Document Number	2022861364
Prior Transfer Date	Dec 26, 2013
Prior Transfer Doc	0000069663
Record Updated	Sep 20, 2026

August 2022: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	LOS ANGELES CA
Recording Date	Aug 30, 2022
Property Address	7221 PETROL ST UNIT 59, 59, PARAMOUNT, CA 90723-5754
Document Number	0000861364
Map Reference	DOC 1989-171052
Instrument Date	Aug 11, 2022
Instrument	22-0861364
Transaction Type	Transfer
Record Updated	Sep 09, 2022
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NATIONAL TITLE CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
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
Relationship	Joint Tenants
Address	7221 PETROL ST UNIT 59, 59, PARAMOUNT, CA 90723-5754
Investor	Possibly a Property Investor

Mortgage

Document Number	0000861365
Date	Aug 30, 2022
Instrument	22-0861365

Lender

Name	IFINANCE MORTGAGE INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Sep 01, 2052

Tax Assessment & Valuation

Source: Los Angeles County records · Assessment roll updated May 21, 2026 · Last verified June 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

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

Year	Tax Bill	Assessed Value
2025	$5,773.00 (+4.93%)	$436,967 (+4.04%) Land $267,382 Building $169,585
2023	$5,502.00 (+200.16%)	$420,000 Land $257,000 Building $163,000
2022	$1,833.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of September 30, 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

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

Wildfire

Wildfire Risk	Not rated no burnable land within ember reach

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

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

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: California Internet, T-Mobile USA.

Based on FCC filings for 309 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water System	PARAMOUNT - CITY, WATER DEPT. serves 55,200 people
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 as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.