7501 Somerset Blvd, Paramount, CA 90723 Property Records

Los Angeles County property record for 7501 Somerset Blvd, Paramount, CA 90723

Property Summary

Property Type	Retail Store
Details	6,966 sqft · built 1950
Lot Size	0.586 acres (25,516 sqft)
Owner	2 Company Names on Record
Last Sale	$680,000 (May 2002)
Tax Bill	$17,185 (2025)
Deeds & Mortgages	Nov 2025 Transfer Nov 2025 Transfer + 1 more
Flood Zone	Zone X (reduced by levee)
APN	`6241-018-014`

Property Details

APN / Parcel Number

Primary APN	`6241-018-014`

Interior

Stories	1 Story
Building Area	6,966 sqft Total Area

Exterior

Year Built	Built 1950
Effective Year Built	Effective 1950
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	25,516 sqft (0.586 acres)

Utilities, Heating & Cooling

Cooling System	None

Location & Zoning

Street Address	7501 SOMERSET BLVD
City	PARAMOUNT
State	CA
Zip	90723-4003
Property Category	Commercial
Property Type	Commercial > Retail > Retail Store
Local Zoning Code	PAM2*
Legal Description	MR 21-15-16FOR DESC SEE ASSESSORS MAPS POR OF LOT 8 BLK 8
Legal Subdivision	CALIFORNIA COOPERATIVE COLONY TRACT
Legal Block	8
Legal Lot Number	8
Jurisdiction	LOS ANGELES CA
Township / Civil Division	DOWNEY-NORWALK
Census Block Group	1
Census Block	1001
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	930 EL TERRAZA DR, LA HABRA HEIGHTS, CA 90631-8603
Owner Type	Company
Vesting	Trust, Family Trust

Deeds, Mortgages & Sale History

Date	Document
Nov 24, 2025	Intrafamily Transfer, Transfer
Nov 24, 2025	Affidavit of Death of Trustee, Transfer
Oct 22, 2018	Deed of Trust, Mortgage · Commercial Mortgage EAST WEST BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 31, 2002 · Amount on Record
Deed Sale	May 31, 2002 · Amount on Record
Prior Sale	Mar 30, 1995 · Amount on Record
Deed Document Number	20021249172
Prior Transfer Date	Jan 18, 1994
Prior Transfer Doc	0000146624
Record Updated	Oct 29, 2026

November 2025: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	LOS ANGELES CA
Recording Date	Nov 24, 2025
Property Address	7501 SOMERSET BLVD, PARAMOUNT, CA 90723-4003
Document Number	0000839583
Map Reference	MB 21 PG 5&6
Instrument Date	Oct 30, 2025
Instrument	25-0839583
Transaction Type	Transfer
Record Updated	Dec 15, 2025

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	Family Trust
Address	930 EL TERRAZA DR, LA HABRA HEIGHTS, CA 90631-8603

November 2025: Affidavit of Death of Trustee, Transfer

Document Type	Affidavit of Death of Trustee
Jurisdiction	LOS ANGELES CA
Recording Date	Nov 24, 2025
Property Address	7501 SOMERSET BLVD, PARAMOUNT, CA 90723-4003
Document Number	0000839582
Map Reference	MB 21 PG 5
Instrument Date	Oct 30, 2025
Instrument	25-0839582
Transaction Type	Transfer
Record Updated	Dec 15, 2025

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Family Trust
Address	930 EL TERRAZA DR, LA HABRA HEIGHTS, CA 90631-8603

October 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	LOS ANGELES CA
Property Address	7501 SOMERSET BLVD, PARAMOUNT, CA 90723-4003
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	FIRST AMERICAN TITLE COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	932 EI TERRAZA DR, LA HABRA HEIGHTS, CA 90631-8603

Mortgage

Document Number	0001071731
Date	Oct 22, 2018
Instrument	18-1071731

Lender

Name	EAST WEST BANK
Type	Bank
Address	EL MONTE, CA 91731

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

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		$1,024,634 (+2%) Land $647,932 Building $376,702
2025	$17,185.00 (+6.46%)	$1,004,544 (+4.04%) Land $635,228 Building $369,316
2023	$16,142.00 (+2.51%)	$965,538 Land $610,562 Building $354,976
2022	$15,747.00

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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