7240 Richfield, Paramount, California 90723
  • $1,675,000

Overview

Property ID: DW26074603
  • Apartment, Residential Income
  • Property Type
  • 4.0
  • Garages
  • 5286 Sqft
  • Area Size
  • 1963
  • Year Built

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: 7240 Richfield
  • State/county: CA
  • Zip/Postal Code: 90723
  • Country: US

Details

Updated on June 27, 2026 at 3:05 am
  • Property ID DW26074603
  • Price $1,675,000
  • Property Size 5286 Sqft
  • Land Area 0.4148 Acres
  • Garages 4.0
  • Year Built 1963
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional, Submit
  • Roof Shingle
  • Utilities Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Forced Air
  • Flooring Vinyl
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Assigned, Garage, Paved
  • Community Features Park, Storm Drain(s), Street Lights, Sidewalks
  • Architectural Style Bungalow

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