7301 Somerset Blvd, Paramount, CA 90723 Property Records

Los Angeles County property record for 7301 Somerset Blvd, Paramount, CA 90723

Property Summary

Property TypeCommercial Office
Details4,050 sqft · built 1970
Lot Size0.464 acres (20,216 sqft)
OwnerCompany Name on Record
Last Sale$1,050,000 (Jun 2013)
Tax Bill$11,898 (2025)
Deeds & MortgagesMay 2024 Mortgage
May 2024 Line of Credit
Flood ZoneZone X (reduced by levee)
APN6241-026-013

Property Details

APN / Parcel Number

Primary APN6241-026-013

Interior

Stories1 Story
Building Area4,050 sqft Total Area

Exterior

Year BuiltBuilt 1970
Effective Year BuiltEffective 1970
Lot Area20,216 sqft (0.464 acres)

Location & Zoning

Street Address7301 SOMERSET BLVD
CityPARAMOUNT
StateCA
Zip90723
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Local Zoning CodePAM1*
Legal DescriptionTRACT # 11345 1/2 VAC WALK ADJ ON W AND W 60 FT OF LOT 15 BLK D
Legal Subdivision11345
Legal Tract11345
Legal BlockD
Legal Lot Number15
JurisdictionLOS ANGELES CA
Township / Civil DivisionDOWNEY-NORWALK
Census Block Group1
Census Block1007
Census Tract553601

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 Address7303 SOMERSET BLVD, PARAMOUNT, CA 90723-4015
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
May 10, 2024Deed of Trust, Mortgage · Commercial Mortgage
COMMONWEALTH BUSINESS BANK
May 10, 2024Deed of Trust, Mortgage · Line of Credit
COMMONWEALTH BUSINESS BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 12, 2013 · Amount on Record
Deed SaleJun 12, 2013 · Amount on Record
Prior SaleMar 9, 2005 · Amount on Record
Deed Document Number2013872430
Last Transfer DateJan 13, 2026
Transfer Doc0000056047
Record UpdatedOct 29, 2026

May 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLOS ANGELES CA
Property Address7301 SOMERSET BLVD, PARAMOUNT, CA 90723
Transaction TypeMortgage
Record UpdatedMay 20, 2024
Title CompanyCHICAGO TITLE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
Address7303 SOMERSET BLVD, PARAMOUNT, CA 90723-4015

Mortgage

Document Number0000308623
DateMay 10, 2024
Instrument24-0308623
Lender
NameCOMMONWEALTH BUSINESS BANK
TypeBank
AddressLOS ANGELES, CA 90010
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

May 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLOS ANGELES CA
Property Address7301 SOMERSET BLVD, PARAMOUNT, CA 90723
Transaction TypeMortgage
Record UpdatedMay 20, 2024
Title CompanyCHICAGO TITLE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
Address10675 ORANGE PARK BLVD, ORANGE, CA 92869-1622

Mortgage

Document Number0000308730
DateMay 10, 2024
Instrument24-0308730
Lender
NameCOMMONWEALTH BUSINESS BANK
TypeBank
AddressLOS ANGELES, CA 90010
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

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$816,428 (+2%) Land $502,419 Building $314,009
2025$11,898.00 (+6.61%)$800,420 (+3.98%) Land $492,568 Building $307,852
2023$11,160.00 (+2.53%)$769,801 Land $473,442 Building $296,359
2022$10,885.00

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 ZoneZone X
reduced by levee · depends on levee performance
Flood Insurance RequirementNot 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 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 309 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
AT&T
DSL · Fiber, Fixed Wireless in parts of the area
100 / 20

May also be available: GeoLinks, T-Mobile.

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