7121 Somerset Boulevard Paramount, CA ^$ 2,280,000

7121 Somerset Boulevard

^$ 2,280,000

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7121 Somerset Boulevard

Paramount, CA, 90723

^$ 2,280,000

Studio Baths0.0 Sq 4,118

Monthly Estimate*

^$ 15,154

Listed by New Venture Realty

7121 Somerset Boulevard, Paramount, CA 90723 - Image 1

7121 Somerset Boulevard, Paramount, CA 90723 - Image 2

7121 Somerset Boulevard, Paramount, CA 90723 - Image 3

7121 Somerset Boulevard, Paramount, CA 90723 - Image 4

7121 Somerset Boulevard, Paramount, CA 90723 - Image 5

7121 Somerset Boulevard, Paramount, CA 90723 - Image 6

7121 Somerset Boulevard, Paramount, CA 90723 - Image 7

7121 Somerset Boulevard, Paramount, CA 90723 - Image 8

Studio

Commercial Property for sale in Paramount, CA

for $2,280,000. This 4,118 square foot building was built in 1947 on a lot size of 0.3804.

Auto mechanic business available sold as is including lifts and real estate property, perfect property for owner occupied real estate includes 3 parcels SELLER FINANCING AVAILABLE AT 6% Interest Only payments for 5 years with 30% Down

Commercial Active

Price

^$ 2,280,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

0.3804

Year Built

1947

Town/City

Paramount

County/Region

Los Angeles

MLS | Web ID

IG23170391

Days on Market

269

Features

Exterior

Lot Features Item01UnitAcre

Water Source Public

Lot Size Area 16570.0

Spa N

Building Area Total 4118.0

Lot Size Acres 0.3804

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Year Built 1947

Property SubType Retail

Additional Parcels Description 6241-030-032 6241-030-033

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions west somerset cross street garfield

City Paramount

View Y/N N

Senior Community Y/N N

MLS Area RL - Paramount North of Somerset

Lot Size Units SquareFeet

Lot Size Square Feet 16570.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Somerset

Listing Terms Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Current Financing None

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 256

Building Area Units SquareFeet

Standard Status Active

Occupancy Type Owner

Property Sub Type Additional Retail

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Boulevard

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 7121

* Excluded Features

List By

New Venture Realty

Broker

(310) 598-0809

Phone

Affordability Calculator

$15,154

Per Month

Monthly Principal & Interest: $15,154
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Paramount, CA

Average List Price ^$2,012,700

Percent of Sale Price 12%

About Paramount, CA

55,175 Population

0% Since 2002

^$47,395 Median Income

31.48 Median Age

48% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2024	$1,980,000	-9.17%	Price Down
4/12/2024	$2,180,000	-0.82%	Price Down
11/9/2023	$2,198,000	-21.50%	Price Down
9/12/2023	$2,800,000		Listed Price

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7121 Somerset Boulevard, Paramount, CA, 90723 is a Commercial Property for sale at $2,280,000 with 4,118 sqft and a lot size of 0.3804. 7121 Somerset Boulevard is a studio with 0.0 baths and was built in 1947. The property's zip code is 90723 which is in Paramount, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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7121 Somerset Boulevard

Commercial Property for sale in Paramount, CA

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