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Financial
Distress signals
Property profile

7121 Somerset Blvd Paramount, CA 90723

FOR SALE
Auto shops
Property ID
US09-6395442
3,200 SF 0.13 ac lot Built 1962
Last sale May 2021 · $900,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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7121 Somerset Blvd, Paramount, CA 90723 For Sale
$1,700,000 3,200 SF
7121 Somerset Blvd, Paramount, CA 90723
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving auto mechanic business, complete with equipment, situated on a substantial 0.38-acre lot in Paramount, California. The property encompasses a generous 4,118 square feet of retail space, perfectly suited for continued operation as an auto repair facility or potential redevelopment. Included in the sale are all existing lifts and equipment, representing a significant value-add for the buyer. The property's strategic location on…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$464k
Assessed land$218k
Assessed improvement$246k
Effective rate1.43%

Value estimate

· Oct 2026
$1.10M
$990k – $1.21M
AI approach$1.03M
Submarket $/SF estimate$858k
NOI build-up
Gross scheduled income$139k
Vacancy & credit loss−$9k
Operating expenses−$39k
NOI · 5.36% cap applied$91k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$463/SF
County average, outlier-cleaned · 1322 recorded sales of this use type
Observed band · Q1–Q3$200 – $851
Qualifying comparables10

Cap rate analysis

How does the asset earn?
5.36%
$91k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PAC3*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.6
Law Firm19.6
Skin Care Clinic14.5

Location

7121 Somerset Blvd Paramount, CA 90723
County assessor Recorded deeds · 9 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8536 Somerset, Paramount, CA 90723-4522 $840,000 Jul 2025 2,679 SF
14134 Garfield, Paramount, CA 90723-2514 $550,000 Dec 2024 1,800 SF
16464 Paramount, Paramount, CA 90723-5428 $280,000 Jul 2024 3,011 SF
7931 12th Pearle, Paramount, CA 90723-2227 $350,003 Nov 2021 2,133 SF
8027 Rosecrans, Paramount, CA 90723-2623 $1,000,010 Mar 2021 3,808 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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