7240 Richfield, Paramount, CA 90723
Property
Sold June 2026
Listing Agent: Esther Rosas-Castaneda (DRE #02208117) · Listing Office: CK Real Estate · Contact: 626-465-9483 · Bought with: Shawn Khakwani · Rafael Renderos, Broker · MLS #DW26074603 · Source: CRMLS
How this sale compares
7240 Richfield sold for $1,645,000 in June 2026, 1.8% under its $1,675,000 list price, after 18 days on the market. Across 79 closed sales in 90723 over the last 12 months, the median sold price is $615,000 and the median is $468 per square foot.
| Quarter | Closed sales in 90723 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $382,500 |
| Q2 2026 | 33 | $624,900 |
| Q3 2026 | 32 | $616,500 |
| Q4 2026 | 6 | $610,250 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Paramount · Homes for sale in 90723
Description
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.
Listing description from the June 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 7240 Richfield
7221 Petrol Street 53: Sold $400,000 · 2 bd · 3 ba · 898 sqft · Jun 2026 · 0.2 mi
Century 21 Allstars | DRE #01116452
Buyer's agent: Jorge Enciso, Century 21 Allstars | DRE #011164527032 San Vincente Street: Sold $835,000 · Jul 2026 · 0.3 mi
Compass | DRE #02112750
Buyer's agent: Sandy Florian, Realty World Experts | DRE #0201620514944 Texaco: Sold $796,800 · 3 bd · 3 ba · 1,826 sqft · May 2026 · 0.3 mi
Harcourts Signature Properties | DRE #02028890
Buyer's agent: Sharyn Schultz, The Realty Group | DRE #017504617047 San Marcus: Sold $802,000 · 3 bd · 2 ba · 1,284 sqft · Jul 2026 · 0.3 mi
eXp Realty of Greater Los Angeles | DRE #01398987
Buyer's agent: Lucrecio Camargo Osorio, STIGLER MORTGAGE | DRE #020478417101 Rosecrans E 84: Sold $235,000 · 3 bd · 2 ba · 1,056 sqft · Jun 2026 · 0.4 mi
Better Homes and Gardens RE | DRE #02109539
Buyer's agent: Christian Stubbs, Onyx Homes | DRE #0208294215137 Gundry Ave. F: Sold $475,000 · 2 bd · 2 ba · 1,081 sqft · Jul 2026 · 0.5 mi
IRN Realty | DRE #02094002
Buyer's agent: Lynsey Russell, Keller Williams Pacific Estate | DRE #014378906626 San Miguel: Sold $860,000 · Jun 2026 · 0.5 mi
Century 21 Allstars | DRE #02009795
Buyer's agent: Gloria Matamoros, Monarch Real Estate | DRE #021685406610 San Carlos Street: Sold $799,000 · 3 bd · 2 ba · 1,052 sqft · Jul 2026 · 0.6 mi
Keller Williams Realty Riv | DRE #01462550
Buyer's agent: Irais Sanchez Avalos, KW The Lakes | DRE #02162805
Closed sales reported in 90723, nearest first, last 12 months. All recent sales in Paramount →