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    7300 Somerset Blvd Paramount, CA 90723-4016
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    Property profile & analytics

    7300 Somerset Blvd, Paramount, CA 90723-4016

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    • Warehouses
    • 56,325 SF
    • 2.55 lot acres
    Off-Market
    Last Sale Apr 26, 2021
    $9,980,099
    Property ID
    US10-0072850
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $10,485,000
    Show details
    Cap Rate Potential
    6%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Lions Floor / Building Supply / Industrial Manufacturer
    • My Dyer / Textile Manufacturer

    Property Details for 7300 Somerset Blvd

    Year built
    1968
    Construction
    WOOD
    Lot size
    2.55 lot acres
    Zone code
    PAM2*
    Property type
    Warehouses
    APN
    6240-009-110
    APU
    6240009110

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 5, 2024 7300 Somerset LLC Deed · related $8M · East West Bank
    May 6, 2021 7300 Somerset LLC Deed · related $4.1M · Southland Economic Development Corporati
    Apr 26, 2021 $9,980,000 7300 Somerset LLC Dunbar Paramount LLC Grant Deed $4M · Mufg Union Bank NA
    Mar 21, 2019 $11,870,000 Dunbar Paramount LLC Lyons Paramount LLC Grant Deed $7.3M · Farmers & Merchants Bk/lng Bch
    Mar 21, 2019 Clm Properties LLC Lyons Paramount LLC Quit Claim Deed
    Dec 24, 2015 Lyons,charles J JR & M L Trust Lyons,charles J JR & Mary L Quit Claim Deed · related
    Dec 22, 2015 Lyons,charles J JR & M L Trust Stockton Lyons LLC Quit Claim Deed
    Sep 8, 2011 $846,500 Stockton Lyons LLC Dom Kang LLC Grant Deed
    Mar 17, 2004 Stockton Lyons LLC Coleman,tr Grant Deed · related $1.2M · Coleman Trust
    Jun 9, 1999 Coleman William F Coleman,w F & S S Quit Claim Deed · related
    Jul 31, 1998 William F Coleman Lyons,charles J & Mary L Grant Deed $1.2M · Bank Of America Community Dev
    Stockton Lyons LLC Deed Of Trust · related $2M · Dbs Bank Ltd
    Charles J Lyons Deed Of Trust · related $1.2M · Great Northern Mortgage
    Stockton Lyons LLC Deed Of Trust · related $2M · Ge Capital Assurance Co

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $12,200,000
      ML approach
      $10,710,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $12,215,000
      6.5%
      $11,275,000
      7%
      $10,470,000
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $14,505,000
      Current use
      COMMERCIAL (GENERAL)
      $17,405,000
      Change: +20% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Paramount
    County
    Los Angeles
    State
    California
    Longitude
    -118.171
    Latitude
    33.8957
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $141,092
    $6,367,248
    $4,223,607
    $10,590,855
    -
    $0.00
    $0.00
    $0.00
    More about this property
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