7240 Richfield, Paramount, California 90723
- $1,675,000
Overview
- Apartment, Residential Income
- 4.0
- 5286 Sqft
- 1963
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.
Address
Open on Google Maps-
Address: 7240 Richfield
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State/county: CA
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Zip/Postal Code: 90723
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Country: US
Details
Updated on June 27, 2026 at 3:05 am-
Property ID DW26074603
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Price $1,675,000
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Property Size 5286 Sqft
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Land Area 0.4148 Acres
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Garages 4.0
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Year Built 1963
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional, Submit
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Roof Shingle
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Utilities Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Heating Forced Air
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Flooring Vinyl
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned, Garage, Paved
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Community Features Park, Storm Drain(s), Street Lights, Sidewalks
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Architectural Style Bungalow
Mortgage Calculator
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Down Payment
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