7321 Petrol St, Paramount, CA 90723 Property Records

Los Angeles County property record for 7321 Petrol St, Paramount, CA 90723

Property Summary

Property Type	Multi-Family Dwellings
Details	15 bd · 7 ba · 6,629 sqft · built 1962
Lot Size	0.414 acres (18,042 sqft)
Owner	2 Company Names on Record
Last Sale	$1,925,000 (Dec 2006)
Tax Bill	$19,207 (2025)
Deeds & Mortgages	Jun 2026 Mortgage Jun 2020 Mortgage + 1 more
Flood Zone	Zone X (reduced by levee)
APN	`6241-024-020`

Property Details

APN / Parcel Number

Primary APN	`6241-024-020`

Interior

Bedrooms	15 Beds
Full Baths	7 Baths
Units	7 Units
Stories	1 Story
Building Area	6,629 sqft Living Area

Exterior

Year Built	Built 1962
Effective Year Built	Effective 1962
Architectural Style	Multi-Family
Exterior Material	Stucco
Construction Type	Wood
Roof Type	Hip
Roof Material	Composition Shingle
Lot Area	18,042 sqft (0.414 acres)
Garage Area	1,440 sqft
Total Buildings	4 Buildings

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Floor/Wall Furnace

Location & Zoning

Street Address	7321 PETROL ST
City	PARAMOUNT
State	CA
Zip	90723-3307
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	PARM*
Legal Description	TRACT NO 11345 E 6O FT OF LOT 16 BLK C
Legal Subdivision	11345
Legal Tract	11345
Legal Block	C
Legal Lot Number	16
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 31, 2026

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

Owner of Record	2 Company Names on Record
Mailing Address	9713 SHELLYFIELD RD, DOWNEY, CA 90240-3419
Owner Type	Company
Vesting	Trust

Deeds, Mortgages & Sale History

Date	Document
Jun 16, 2026	Deed of Trust, Mortgage · Conventional Mortgage UNIVERSAL BANK
Jun 17, 2020	Deed of Trust, Mortgage · Commercial Mortgage UNIVERSAL BANK
Feb 19, 2021	Intrafamily Transfer, Transfer

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 22, 2006 · Amount on Record
Deed Sale	Dec 22, 2006 · Amount on Record
Deed Document Number	20062849214
Prior Transfer Date	Oct 26, 2006
Prior Transfer Doc	0002849213
Record Updated	Oct 29, 2026

June 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LOS ANGELES CA
Recording Date	Jun 16, 2026
Property Address	7321 PETROL ST, PARAMOUNT, CA 90723-3307
Document Number	0000440786
Instrument Date	Jun 9, 2026
Instrument	2026440786
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	PACIFIC VA TITLE, PACIFIC COAST TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Trust, 212

Mortgage

Document Number	0000440786,
Date	Jun 16, 2026
Instrument	2026440786

Lender

Name	UNIVERSAL BANK

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months

Interest

Rate Type	Adjustable Rate
Rate	6.36%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

June 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LOS ANGELES CA
Property Address	7321 PETROL ST, PARAMOUNT, CA 90723-3307
Transaction Type	Mortgage
Record Updated	Jul 20, 2022
Title Company	PACIFIC COAST TITLE COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000659681
Date	Jun 17, 2020
Instrument	20-0659681

Lender

Name	UNIVERSAL BANK
Type	Bank
Address	WEST COVINA, CA 91792

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

February 2021: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	LOS ANGELES CA
Recording Date	Feb 19, 2021
Property Address	7321 PETROL ST, PARAMOUNT, CA 90723-3307
Document Number	0000280388
Map Reference	MB 201 PG 43&44
Instrument Date	Feb 3, 2021
Instrument	21-0280388
Transaction Type	Transfer
Record Updated	Jun 7, 2023

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	9713 SHELLYFIELD RD, DOWNEY, CA 90240-3419

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		$1,315,320 (+2%) Land $614,954 Building $700,366
2025	$19,207.00 (+6.11%)	$1,289,531 (+4.04%) Land $602,897 Building $686,634
2024	$18,101.00 (+1.77%)
2023	$17,786.00 (+4.64%)	$1,239,459 Land $579,487 Building $659,972
2022	$16,998.00

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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