7240 Richfield St, Paramount, CA 90723 (MLS # DW26074603)
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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.
| DAYS ON MARKET | 11 | LAST UPDATED | 4/13/2026 |
|---|---|---|---|
| YEAR BUILT | 1963 | COMMUNITY | RL - Paramount North of Somerset |
| GARAGE SPACES | 4.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | RL - Paramount North of Somerset |
| CONSTRUCTION | Stucco |
| EXTERIOR | Lighting |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 0.4148 acre(s) |
| LOT DIMENSIONS | 18069 |
| PARKING | Assigned, Garage, Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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