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!
For sale
Listing Provided by:
Helida Patricio DRE #01900292 562-704-2822,
Circle Real Estate
Price cut: $35K (10/14)
$500,000
7029 Somerset Blvd, Paramount, CA 90723
1beds
512sqft
Est.:
Single Family Residence
Built in 1938
2,828 Square Feet Lot
$500,900 Zestimate®
$977/sqft
$-- HOA
What's special
Detached garage
- 84 days |
- 738 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: October 14, 2025 at 03:39pm
Listing Provided by:
Helida Patricio DRE #01900292 562-704-2822,
Circle Real Estate
Source: CRMLS,MLS#: PW25222366
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Cooling
- None
Appliances
- Laundry: See Remarks
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 512 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 2,828 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6237001038
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Paramount
Financial & listing details
- Price per square foot: $977/sqft
- Tax assessed value: $494,683
- Annual tax amount: $6,487
- Date on market: 9/21/2025
- Cumulative days on market: 84 days
- Listing terms: Conventional,FHA
Estimated market value
$500,900
$476,000 - $526,000
$2,047/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2025 | Price change | $500,000-6.5%$977/sqft |
Source: | ||
| 9/22/2025 | Listed for sale | $535,000$1,045/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,487 +2.3% | $494,683 +2% |
| 2024 | $6,342 +114.2% | $484,984 +127.7% |
| 2023 | $2,960 +2.8% | $212,969 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,053/mo
Principal & interest
$2395
Property taxes
$483
Home insurance
$175
Climate risks
Neighborhood: 90723
Nearby schools
GreatSchools rating
- 4/10Los Cerritos SchoolGrades: K-5Distance: 0.3 mi
- 7/10Frank J. Zamboni SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Paramount High SchoolGrades: 9-12Distance: 1.4 mi
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