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$500,000

  • For Sale
  • Active
  • Single Family
  • 1 Bed
  • 1 Full Bath
  • 512 Sq. Ft.
  • 1 Car Garage
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Price adjustment Alert!! See the potential this starter home has. This home is a cozy 1-bedroom, 1-bathroom home offering 512 sq. ft. of comfortable living space. Perfectly suited as a starter home or investment property, this home combines charm, functionality, and potential. The detached garage is a standout feature, offering the exciting possibility of being converted into an Accessory Dwelling Unit (ADU). With its private back entrance from the alley, it's ideal for creating a rental unit, guest house, or even a home office. Centrally located near shopping centers, schools, and major freeways, this home makes daily errands and commuting a breeze. Whether you're a first-time buyer looking for affordability or an investor seeking an income-producing property, this little gem holds endless opportunity. Don't miss your chance to make it yours!

Full Property Details for 7029 Somerset

General

  • Price: $500,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: PW25222366
  • Updated: 10/14/2025
  • Days on Market: 117 days
  • Added to Site: 117 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down
  • Fireplace(s): None

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: See Remarks

Additional Information

  • Pool Description: None

Parking

  • Garage: Yes
  • Garage Spaces: 1

Location

  • County: Los Angeles
  • Driving Directions: Cross Streets- Somerset X Orange Ave

School Information

  • School District: Paramount Unified

Community

  • Community Features: Sidewalks, Street Lights

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Single Family Residence
  • Common Walls: No Common Walls
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 512
  • Sq. Ft. Source: See Remarks
  • Year Built: 1938
  • Year Built Source: Assessor

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.0649
  • Lot Size (Sq. Ft.): 2,828
  • Lot Size Source: See Remarks
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $976.56

Disclosures and Reports

  • Special Conditions: Standard

Listed by Circle Real Estate, Helida Patricio

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Listing agent

— 7029 Somerset —

  • Helida Patricio

    Circle Real Estate

562-704-2822

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7029 Somerset

School District:Paramount Unified School District
NameGradesDistance
Los Cerritos School
14626 Gundry Avenue, Paramount, CA 90723
K-50.3 mi
Frank J. Zamboni School
15733 Orange Avenue, Paramount, CA 90723
6-80.4 mi
Paramount High School
14429 Downey Avenue, Paramount, CA 90723
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7029 Somerset Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/14/2025
Price Reduced
$500,000
-6.54%
MLS
9/21/2025
Listed
$535,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7029 Somerset

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,487
4%
$494,683
132%
2023
$6,223
332%
$212,969
2%
2022
$1,440
-49%
$208,794
2%
2021
$2,815
2%
$204,701
1%
2020
$2,754
-4%
$202,603
2%
2019
$2,875
8%
$198,631
2%
2018
$2,673
3%
$194,737
2%
2017
$2,588
8%
$190,919
2%
2016
$2,406
6%
$187,177
2%
2015
$2,273
-2%
$184,366
2%
2014
$2,326
1%
$180,755
—
2013
$2,312
—
$179,939
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 7029 Somerset

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Circle Real Estate, Helida Patricio

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7029 Somerset, Paramount, CA 90723 (MLS# PW25222366) is a Single Family property with 1 bedroom and 1 full bathroom. 7029 Somerset is currently listed for $500,000 and was received on September 21, 2025. Want to learn more about 7029 Somerset? Do you have questions about finding other Single Family real estate for sale in Paramount? You can browse all Paramount real estate or contact a Coldwell Banker agent to request more information.

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