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7245 Richfield St
Paramount, CA 90723
Richfield Townhomes · Multifamily Property For Sale · 9 Units

Investment Highlights

  • 1987 Construction, First Time Ever Offered For Sale by Original Developers
  • Outstanding Unit Mix Comprised Entirely of 2 Bedroom 2 Bathroom Townhouse Style Units
  • True Pride of Ownership Opportunity - Condo Quality Units with Extensive Renovations Completed
  • Great Paramount Location, Close Proximity to the 105, 710, and 605 Freeways
  • Strong In-Place Cash Flow With Value-Add Potential - Approx. 24% Rental Upside
  • Secured, Gated Parking with Direct-to-Unit Garage Access, Additional Carports and Open Spaces

Property Facts

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.41 AC
Building Size 8,996 SF
No. Stories 2
Year Built 1987
Zoning PARM*

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 9 $2,003 -

Property Taxes

Property Taxes

Parcel Number
6241-020-012
Land Assessment
$2,142,000
Improvements Assessment
$918,000
Total Assessment
$3,060,000
  • Listing ID: 29352152

  • Date on Market: 8/23/2023

  • Last Updated:

  • Address: 7245 Richfield St, Paramount, CA 90723

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