About 7240 Richfield
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.
Features of 7240 Richfield
| MLS® # | DW26074603 |
|---|---|
| Price | $1,675,000 |
| Sold Price | $1,645,000 |
| Bedrooms | 11 |
| Bathrooms | 5.00 |
| Lot Sqft | 18,069 |
| Acres | 0.41 |
| Year Built | 1963 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Style | Bungalow |
| Status | Closed |
| # Of Units | 5 |
Community Information
| Address | 7240 Richfield |
|---|---|
| Area | RL - Paramount North of Somerset |
| City | Paramount |
| County | Los Angeles |
| Zip Code | 90723 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 11 |
| Parking | Garage, Assigned, Paved |
| # of Garages | 4 |
| Garages | Garage, Assigned, Paved |
| View | City Lights |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Vinyl |
|---|---|
| Interior Features | All Bedrooms Down |
| Heating | Forced Air |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Stucco, Drywall |
|---|---|
| Exterior Features | Lighting |
| Lot Description | TwoToFiveUnitsAcre |
| Roof | Shingle |
| Construction | Stucco, Drywall |
| Foundation | Slab |
Additional Information
| Date Listed | April 13th, 2026 |
|---|---|
| Date Sold | June 25th, 2026 |
| Days on Market | 18 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Esther Rosas-castaneda |
|---|---|
| Office | CK Real Estate |