Impressive 6.3 % TRUE Cash Return & 12.43 GRM on actual rents! We are pleased to exclusively offer for sale 5 Units in the strong rental community of the city of Paramount. The subject property has undergone a substantial amount of renovations especially the front cottage unit and the rear two-story building. Unit mix consists of ALL 2-Bedroom/1-Bathroom units distributed across 3 separate buildings, two single-story detached cottage-style units with private backyards and attached garages, and a two-story building with three 2-Bedroom Units. Units are situated on an oversized 18,056 sqft lot. Tenants pay for electricity and gas while the owner pays for water and trash.
Off market
$1,337,120
7330 Richfield St, Paramount, CA 90723
10beds
0baths
4,266sqft
MultiFamily
Built in 1955
-- sqft lot
$-- Zestimate®
$313/sqft
$3,316 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 0
Appliances
- Laundry: In Garage
Features
- Common walls with other units/homes: 1 common wall
Interior area
- Total interior livable area: 4,266 sqft
Property
Parking
- Total spaces: 12
Features
- Levels: Two
Lot
- Size: 0.41 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6241021016
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Paramount
Other
Other facts
- CommonWalls: 1 common wall
- CommunityFeatures: Curbs
- PreviousStandardStatus: Pending
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- Levels: Two
- LotFeatures: 0-1 Unit/Acre
- LaundryFeatures: In Garage
- CommunityFeatures: Gutters
- MLSAreaMajor: RL - Paramount North of Somerset
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- LotSizeSource: Assessor
- WaterSource: Public
- Sewer: Public Sewer
- StandardStatus: Active
- SeniorCommunityYN: 0
- ParcelNumber: 6241021016
- TaxTractNumber: 11345