7300 Somerset Blvd, Paramount, CA 90723-4016
- Warehouses
- 56,325 SF
- 2.55 lot acres
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
-
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