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.
Property is conveniently located near 105 and 710 freeways providing easy access for commuters.
Property Details
Price:
$1,675,000
MLS #:
DW26074603
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
rlparamountnorthofsomerset
Listed Date:
Apr 13, 2026
Total Sq Ft:
5,286
Lot Size:
18,069 sqft / 0.41 acres (approx)
Year Built:
1963
See this Listing
Schools
Interior
Cooling
WW
Flooring
VINY
Heating
FA
Laundry Features
WH
Levels
A
Exterior
Architectural Style
BNG
Common Walls
NCW
Community Features
SDW, STM, SL, PARK
Construction Materials
STC, DWAL
Exterior Features
LIT
Garage Spaces
4
Parking Spots
11
Parking Total
11
Roof
SHN
Security Features
SD, COD
Spa Features
NO
View
CI
Financial
Maintenance Fee
$2,817
Map
Community
- Address7240 Richfield Paramount CA
- CityParamount
- CountyLos Angeles
- Zip Code90723
Market Summary
Current real estate data for Single Family in Paramount as of Apr 17, 2026
55
Single Family Listed
85
Avg DOM
333
Avg $ / SqFt
$546,830
Avg List Price
Property Summary
- 7240 Richfield Paramount CA is a Single Family for sale in Paramount, CA, 90723. It is listed for $1,675,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1963. The average price per square foot for Single Family listings in Paramount is $333. The average listing price for Single Family in Paramount is $546,830.
Similar Listings Nearby
Courtesy of CK Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.7240 Richfield
Paramount, CA