8318 Somerset Ranch Rd #B, Paramount, CA 90723
OFF MARKET

8318 Somerset Ranch Rd #B
Paramount, CA 90723

  • 2 Beds
  • 3 Baths
  • 1,082 sqft

$542,100

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $3,292/mo*
Refinance Your Home

$542,100

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $3,292/mo*
Refinance Your Home
2 Beds
3 Baths
1,082 sqft

Local Information

  • Map ViewExplore the area around 8318 Somerset Ranch Rd #B.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This beautiful open floor plan Condo is located in the lush green well-manicured grounds of the Downey Lakes Gated Community. Complete with a Waterfall and Gazebo with Barbeque pit and comfortable seating area, this complex is a dream! This 2 bedroom, 3 bathrooms Condo has hardwood floors, spacious living room with Mantel and gas burning Fireplace, kitchen with Atrium, inside laundry area and loads of storage and cabinet space. Each bedroom has own private bathroom. The Master bedroom has a dressing area. The condo needs some TLC, but truly a beautiful unit.
8318 Somerset Ranch Rd #B, Paramount, CA 90723 is a 2 bedroom, 3 bathroom, 1,082 sqft condo built in 1991. It last sold for $360,000 on Apr 9, 2018. It is currently off market. The Trulia Estimate is $542,100, with a rent estimate of $3,033/month.

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 8318 Somerset Ranch Rd #B

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet, Solarium Atrium
Appliances & Utilities
Cable ReadyDishwasherDisposalMicrowave
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood

Property Information

Year Built
Year Built: 1991Year Updated: 1991
Property Type / Style
Property Type: Condo

Exterior Features

Exterior Home Features
Exterior: BrickPatioSprinkler System
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 100

Lot Information

Lot Area: 1.85 acres

Price History for 8318 Somerset Ranch Rd #B

DatePriceEventSource
04/09/2018$360,000Sold
N/A
02/07/2018$395,000PendingAgent Provided
01/30/2018$395,000Listed For SaleAgent Provided
02/18/2000$119,000Sold
N/A
08/09/1993$136,000Sold
N/A

Market trends in Paramount

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
32
4MoM
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Property Tax and Assessment

Year2025
Tax$6,855
Assessment$523,260
Home facts updated by county records

Comparable Sales for 8318 Somerset Ranch Rd #B

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
8320 Somerset Ranch Rd #D, Paramount, CA
0.00
Condo
$520,500
05/19/26
2
3
1,074
8314 Somerset Ranch Rd #D, Paramount, CA
0.00
Condo
$570,000
01/26/26
2
2.5
1,082
8602 Elburg St #B, Paramount, CA
0.52
Condo
$417,000
07/31/25
2
1.5
1,002
8514 Elburg St #C, Paramount, CA
0.51
Condo
$530,000
09/09/25
2
1.5
1,193
8554 Elburg St #C, Paramount, CA
0.52
Condo
$475,000
12/10/25
2
1.5
1,193
8032 Rose St #17, Paramount, CA
0.65
Condo
$475,000
06/03/26
3
2.5
1,167
14005 Arthur Ave #9, Paramount, CA
0.81
Condo
$485,000
10/15/25
2
3
952
14020 Orizaba Ave #6A, Paramount, CA
0.51
Condo
$525,000
07/30/25
3
2
1,003
7303 Exeter St #203, Paramount, CA
1.37
Condo
$300,000
09/25/25
2
1.5
919
15000 Downey Ave #142, Paramount, CA
1.03
Condo
$360,000
12/22/25
2
1
858

Nearby homes

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Assigned Schools

These are the assigned schools for 8318 Somerset Ranch Rd #B.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Paramount

At least 358 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 79 % Say it's dog friendly

  • 73 % Say yards are well-kept

  • 69 % Say car is needed

  • 69 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 66 % Say it's walkable to restaurants

  • 64 % Say streets are well-lit

  • 63 % Say it's walkable to grocery stores

  • 49 % Say it's quiet

  • 49 % Say they plan to stay for at least 5 years

  • 48 % Say people would walk alone at night

  • 48 % Say neighbors are friendly

  • 43 % Say parking is easy

  • 30 % Say there's wildlife

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Chris071784
    "During Christmas we have the parade, we get Santa with his raiders and on Halloween we get house to decorate and lots of treat kids show up!"
    0
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  • Aaawoman71
    "There are always some type of community activity going on in the of Paramount. The city promotes family, community, and keeping Paramount dollars in Paramount. "
    0
    Flag
  • Pescadi123
    "Area is quiet. Homeless population is getting less. Less crime. Cleaner and move police presence. Nice stores."
    0
    Flag
  • Trulia User
    "The commute to down town is not that bad when traffic is moving but when traffic gets slow it takes time to get to your destination there should be be ways out of traffic "
    1
    Flag
  • Trulia User
    "My neighborhood is quiet safe very friendly neighbors I grew up living here my parents own a home here for over 20 years great for kids to ride there bikes and walk to school good school system and clean public transportation "
    2
    Flag
  • Mikortlbc
    "Nice clean and diverse area to live in. Schools and grocery stores are within a mile or 2 of my residence. No complaints here"
    1
    Flag
  • Samson A.
    "friendly neighbors everywhere. it is very common to see neighbors say a greeting while they either jugg or walk past."
    0
    Flag
  • Nicole.lopez374
    "Exercise park is in walking distance to where we live. Salud park and elementary school at the end of the block."
    2
    Flag
  • J0hnny1991
    "Dog owners like it here because the neighborhoods are for the most part, nice and safe. A lot of dog owners in this small town too "
    1
    Flag
  • Rocio D.
    "Close to the 105 fwy which makes it easy to commute to work, my mom's house and other cities I frequently visit "
    0
    Flag
  • Marcia N.
    "I live in Paramount and I love my neighborhood, everything is so close and you can find variety. It’s also calm "
    1
    Flag
  • Janneth S.
    "That is very quite and there a lot of neighbors support. They have meeting when something is going on to help each other. "
    0
    Flag
  • Shalleyyort61
    "It’s to quiet need more kids playing outside. I wish more liquor stores nearby and also police department "
    0
    Flag
  • Jenny S.
    "The schools are bad. Not a family friendly neighborhood. A lot of drugs at the park. One guy overdosed not too long ago. "
    3
    Flag
  • Jenny S.
    "There is a lot of residential mixed with commercial properties and the air quality is extremely poor. In Jan. 2019 the city sent out a letter saying it could cause birth defects and other things."
    4
    Flag
  • Gustavo G.
    "Pretty good community only that high school there are fights and parents don’t really do nothing about it but over all it’s good"
    2
    Flag
  • Ntly_chvz
    "There’s various parks around the neighborhood that are pet friendly. Trails that are also available for walks. "
    2
    Flag
  • Osoriajenny
    "We have a tree lighting ceremony every year. Santa Claus around and gives out apple’s and candy cane."
    1
    Flag
  • Maribel R.
    "Everything it’s great and there’s a lot people in the neighborhood who have dogs so no worries there "
    1
    Flag
  • Rose J.
    "It love it here and Salud park or great. I enjoy the free activities they have for the children on the holidays. "
    1
    Flag
  • Lyn C.
    "It’s improved alot since I lived here. Here kids are safe you can walk in the street in night or day"
    1
    Flag
  • Den O.
    "I’ve lived in this neighborhood all my life for 18 years. The area is relatively safe and definitely family-oriented. Small city, but closer relationships with neighbors as a result. "
    1
    Flag
  • Christina A.
    "the area is quiet and calm. When there are parties the neighbors don't must the noise the neighbor feel welcoming and shows you the ropes if you' allow it "
    0
    Flag
  • Karen G.
    "Some hood dogs running loose here and their but most people have them behind fences or see them on occasion during walks"
    0
    Flag
  • Lyn C.
    "Paramount got a lot better then how it was before. Neighbors talk to each other and look out for one another "
    0
    Flag
  • Mywae45
    "There are a lot of parks and outdoor spaces. I wish there was a dog park though. Family friendly neighborhood."
    0
    Flag
  • Leticia N.
    "Paramount Park events are very kid friendly and inviting. The city has really got cleaned up these past few months. City of Paramount is really growing and improving their streets."
    0
    Flag
  • Araceli G.
    "Paramount has a lot to offer for families. City events, access to public transportation, drive in theatre too!we love living here!"
    1
    Flag
  • Helga E.
    "Paramount is a nice city to live in, parks are well kept, streets are clean, and the community is friendly."
    0
    Flag
  • Helga E.
    "The rule is dogs should wear a harness or a leashes, some people forgets that and it's very annoying because I own a big dog and other dogs come to bother mine. "
    0
    Flag
  • William M.
    "good neighbors great place close to super markets , stores,gyms,parks good area for pet's no fights no drama "
    0
    Flag
  • Anonymous
    "To watch your kids because there is old people driving around starring at kids trying to take them.Do just be careful and watch your kids at all times."
    3
    Flag
  • Espinozadanny
    "Good schools, but High schools are sometimes overcrowded in long beach so you petition in a lottery to get you child in."
    0
    Flag
  • Tiffanylauren7489
    "The commute is fine it just the right amount of Traffic once you get used to it you know what times to leave and get on the freeway"
    0
    Flag
  • Brian R.
    "it's ok a bit crowded and parking sucks but not a bad place to live but there different parts of Paramount that are better especially for a family that needs space."
    0
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Explore by feature - Pet Friendly

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Homes for sale near 8318 Somerset Ranch Rd #B

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Off Market Homes Near 8318 Somerset Ranch Rd #B

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