7240 Richfield, Paramount, CA 90723
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7240 Richfield, Paramount, CA 90723
7240 Richfield, Paramount, CA 90723
7240 Richfield, Paramount, CA 90723
7240 Richfield, Paramount, CA 90723
Listed by Esther Rosas-Castaneda, DRE #02208117 • CK Real Estate
Bought with Shawn Khakwani

$1,645,000

Est. payment /mo

$1,675,000

1.8%
Est.Price: ?

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7240 Richfield Paramount, CA 90723

0.41 Acres Lot

SOLD DATE : 06/25/2026

Key Details

Sold Price $1,645,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRDW26074603

Sold Date 06/25/26

Style Bungalow

Year Built 1963

Lot Size 0.415 Acres

Source California Regional MLS

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.

Location

State CA

County Los Angeles

Area Rl - Paramount North Of Somerset

Interior

Heating Forced Air

Cooling Window / Wall Unit

Laundry 30

Exterior

Parking Features Assigned Spaces, Garage, Other

Garage Spaces 11.0

Pool 31, None

View City Lights

Roof Type Shingle

Building

Story One Story

Foundation Concrete Slab

Water District - Public

Architectural Style Bungalow

Others

Tax ID 6241021008

Special Listing Condition Not Applicable

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