E
Seller's Agent in 2026
Esther Rosas
CK Real Estate
(626) 465-9483
5 Total Sales
7240 Richfield St Paramount, CA 90723
Paramount Area
11
Beds
5
Baths
5,286
Sq Ft
0.41
Acre Lot
Highlights
- City Lights View
- No HOA
- Park
- 0.41 Acre Lot
- Cooling System Mounted To A Wall/Window
- Bungalow
About This Home
As of June 2026Welcome 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.
Last Agent to Sell the Property
CK Real Estate Brokerage Phone: 626-465-9483 License #02208117 Listed on: 04/13/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1963
Lot Details
- 18,069 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- 7 Open Parking Spaces
- Parking Available
- Assigned Parking
Home Design
- Bungalow
- Entry on the 1st floor
- Slab Foundation
- Fire Rated Drywall
- Shingle Roof
- Stucco
Interior Spaces
- 5,286 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
- City Lights Views
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Bathrooms
Laundry
- Laundry in unit
- Washer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for gas, electricity
- Legal Lot and Block 4 / B
- Tax Tract Number 11345
- Assessor Parcel Number 6241021008
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 5 Units
Recreation
- Park
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $5,574
- Insurance Expense $2,966
- Maintenance Expense $2,817
- Professional Management Expense $8,450
- Trash Expense $4,677
- Water Sewer Expense $5,360
- Operating Expense $52,327
- Gross Income $147,660
- Net Operating Income $87,950
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2026
Closed on
May 11, 2026
Sold by
Bought by
Seller's Agent
Esther Rosas
CK Real Estate
Buyer's Agent
Shawn Khakwani
Rafael Renderos, Broker
List Price
$1,675,000
Sold Price
$1,645,000
Premium/Discount to List
-$30,000
-1.79%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,500
Outstanding Balance
$936,860
Interest Rate
6.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 24, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Mar 17, 2011
Sold by
Bought by
Purchase Details
Closed on
Jan 19, 2011
Sold by
Bought by
Purchase Details
Closed on
May 31, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.76%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 8, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,645,000 | Ticor Title | |
| Grant Deed | -- | North American Title | |
| Grant Deed | $265,000 | North American Title Company | |
| Trustee Deed | $231,590 | Lawyers Title | |
| Grant Deed | $897,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $942,500 | New Conventional | |
| Previous Owner | $650,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $411,000 | Commercial | |
| Previous Owner | $400,000 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/25/2026 06/25/26 | Sold | $1,645,000 | -1.8% | $311 / Sq Ft |
| 04/13/2026 04/13/26 | For Sale | $1,675,000 | -- | $317 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,831 | $851,971 | $461,220 | $390,751 |
| 2024 | $12,191 | $835,267 | $452,177 | $383,090 |
| 2023 | $11,986 | $818,890 | $443,311 | $375,579 |
| 2022 | $11,694 | $802,834 | $434,619 | $368,215 |
| 2021 | $11,428 | $787,094 | $426,098 | $360,996 |
| 2020 | $11,194 | $779,024 | $421,729 | $357,295 |
| 2019 | $11,694 | $763,750 | $413,460 | $350,290 |
| 2018 | $10,735 | $748,775 | $405,353 | $343,422 |
| 2016 | $9,627 | $719,701 | $389,613 | $330,088 |
| 2015 | $9,113 | $708,891 | $383,761 | $325,130 |
| 2014 | $9,346 | $695,006 | $376,244 | $318,762 |
Source: Public Records
Agents Affiliated with this Home
-
Esther Rosas
-
Charlles Osorio
C
Seller Co-Listing Agent in 2026
Charlles Osorio
CK Real Estate
(714) 305-7254
1 Total Sale
-
Shawn Khakwani
Buyer's Agent in 2026
Shawn Khakwani
Rafael Renderos, Broker
(310) 938-7395
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW26074603
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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