7240 Richfield, Paramount, CA 90723

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Listing courtesy of Listing Agent: Esther Rosas-Castaneda (esther29816@gmail.com) from Listing Office: CK Real Estate.

Selling Office: Rafael Renderos, Broker.

Sold Price
$1,645,000
List Price
$1,675,000
Status
CLOSED
Days on Market
17
Closing Date
Jun 25, 2026
MLS#
DW26074603
Subtype
Residential Income
Style
Bungalow
Year Built
1963
Lot Size
18,069
Acres
0.41
MLS Area Major
Paramount North of Somerset (RL)

Property Description

Welcome to 7240 Richfield Street, your new investment property! This property includes 5 freestanding bungalows each with its own driveway and small yard. Four of the units have an attached 1 car garage. Tenants enjoy single-family comforts, making these highly desired units in the rental market. The property has been well-kept by its current owners. The three front units feature roofs that are less than 3 years old. Each property comes with its own electric and gas meter, while the all units share one water meter. Rents close to market providing a steady income flow. There are 4 2-bedroom 1 bathroom units ranging from 750-960 sq ft. There is one 3-bedroom 1 bathroom at 1,080 square feet. Several units are renovated. Property is conveniently located near 105 and 710 freeways providing easy access for commuters.

Additional Information

Interior Features
All Bedrooms Down
Exterior Features
Lighting
Property Description
Bungalow
Flooring
Vinyl
Heating
Forced Air
Air Conditioning
Yes
Exterior Construction
Drywall, Stucco
Stories
One Level
Levels
One
Roof
Shingle
Pool Type
None
Parking Features
Assigned, Garage, Paved
Garage Spaces
4
View
City Lights

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.