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$1,750,000 Just Listed
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Property Description
Prime Commercial Property & Automotive Opportunity! Rare opportunity to acquire a large commercial property with three APNs sold together, including the entire building and land. Sale includes two vehicle lifts, extensive automotive equipment, and select inventory. Property will be delivered vacant, offering immediate flexibility for an owner-user, investor, or business operator. Located on a main thoroughfare with excellent visibility and exposure, with convenient access to the 710 Freeway. The property offers strong signage potential, easy accessibility, and a variety of possibilities for continued automotive use, redevelopment, or other permitted commercial uses. Zoning and permitted uses to be verified by buyer. A unique opportunity to acquire the land, building, equipment, and inventory together in a highly accessible commercial location.
Full Property Details
Full Property Details for 7121 Somerset Blvd
General
- Price: $1,750,000
- Status: Active
- Type: Business
- Source: MRMLS
- MLS ID: WS26180550
- Updated: 8/18/2026
- Days on Market: 1 days
- Added to Site: 2 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: Between Orange Avenue & Garfield Avenue
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 4118
- Square Feet: 4,118
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.3804
- Useable Acres: .3804
- Lot Size (Sq. Ft.): 16,570
- Lot Size Source: Assessor
- Lot Features: Rectangular Lot, Walkstreet
- Lot Description: Rectangular Lot, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $424
Disclosures and Reports
- Property ID: 6241030033
Listed by Handfore Realty Corp., ASHLEYTANG
Get Pre-Approved Today
Schools
Schools serving 7121 Somerset Blvd
School District:Paramount Unified School District
| Name | Grades | Distance |
|---|---|---|
Los Cerritos School 14626 Gundry Avenue, Paramount, CA 90723 | K-5 | 0.3 mi |
Frank J. Zamboni School 15733 Orange Avenue, Paramount, CA 90723 | 6-8 | 0.5 mi |
Paramount High School 14429 Downey Avenue, Paramount, CA 90723 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7121 Somerset Blvd
Date
Details
Price
Change
Source
8/17/2026
Listed
$1,750,000
94.44%
MLS
5/04/2021
Sold
$900,000
—
Public Record
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
Tax History for 7121 Somerset Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,001
5%
$473,019
2%
2024
$6,647
2%
$463,746
2%
2023
$6,530
3%
$454,654
2%
2022
$6,362
8%
$445,740
9%
2021
$5,888
2%
$410,114
1%
2020
$5,763
-4%
$405,910
2%
2019
$6,020
8%
$397,952
2%
2018
$5,564
3%
$390,150
2%
2017
$5,399
320%
$382,500
705%
2016
$1,287
3%
$47,517
2%
2015
$1,247
-2%
$46,804
2%
2014
$1,266
1%
$45,889
—
2013
$1,250
—
$45,683
—
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
Estimate the Cost for 7121 Somerset Blvd
7121 Somerset Boulevard, Paramount, CA 90723 (MLS# WS26180550) is a Business property. 7121 Somerset Boulevard is currently listed for $1,750,000 and was received on August 17, 2026. Want to learn more about 7121 Somerset Boulevard? Do you have questions about finding other Business real estate for sale in Paramount? You can browse all Paramount real estate or contact a Coldwell Banker agent to request more information.

