LKV Realty
Logo
$1,675,000
$6,000Reward *
7240 Richfield, Paramount, CA 90723Listing ID DW26074603

7240 Richfield, Paramount, CA 90723

Contingent
Time on site: 123 daysLast updated: Jun 10, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Apartment
Square Feet
Square Feet
5,286
Acres
Acres
0.41
Days on Site
Days on Site
123
Cooling
Cooling
Wall/Window Unit(s)
Heating
Heating
Forced Air
Year Built
Year Built
1963
Stories
Stories
1
Garages
Garages
4
Parking
Parking
Assigned, Garage, Paved

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 Information

Property Details

Location

Address
7240 Richfield
County
Los Angeles
City
Paramount
Zip Code
90723
MLS Area
RL - Paramount North of Somerset

Interior Features

Other Rooms

Laundry Features
Washer Hookup

Building

Building Information

Square Feet
5,286
Year Built
1963
Stories
1
Construction
Drywall, Stucco
Foundation
Slab
Roof
Shingle

Financial

Special Conditions
Standard
Esther Rosas-CastanedaCK Real Estate, (323) 667-9086

Market Report for 90723

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

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