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ResidentialIncome — 7240 Richfield, Paramount, CA

$1,675,000

7240 Richfield, Paramount, CA

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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 details

Year built
1963
Property type
ResidentialIncome

Location

7240 Richfield • Paramount, CA 90723

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Listed by

Esther Rosas-Castaneda · CK Real Estate