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$1,675,000
7240 Richfield, Paramount, CA 90723
9Beds
4Baths
1Days Listed
About This Property
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 Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 9
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 1
- Cumulative Days on Market
- 2
- Original Price
- $1,675,000
Location & Neighborhood
What's nearby 7240 Richfield, Paramount, CA 90723
Nearby Schools
- Howard Tanner Elementary School0.1 mi
elementary
- Los Cerritos Elementary School0.2 mi
elementary
Parks & Recreation
- Garfield Park0.3 mi
park
- Spane Park0.3 mi
park
- Salud Park0.3 mi
park
Transit Access
- Garfield & Richfield0.2 mi
Bus Stop
- Garfield & Richfield (layover)0.2 mi
Bus Stop
- Garfield / Rosecrans0.2 mi
Bus Stop
- Rosecrans & Garfield0.2 mi
Bus Stop
- Garfield & Petrol0.3 mi
Bus Stop
POI data updated 4/14/2026
Paramount Market Snapshot
51
Active Listings
$500K
Median Price
81
Avg Days on Market
Last updated: Apr 13, 2026
Listed by
Esther Rosas-Castaneda, CK Real Estate · 626-465-9483
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,675,000