Bought with Shawn Khakwani
$1,645,000
$1,675,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
7240 Richfield Paramount, CA 90723
0.41 Acres Lot
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Copyright 2026 MLSListings Inc All rights reserved.
Nearby Locations





