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7321 Richfield Street, Paramount, CA 90723

Paramount
Local realty services provided by:CENTURY 21 Masters
7321 Richfield Street,Paramount, CA 90723
$1,995,000
  • 9 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kristopher german
Office: re/max 2000 realty
MLS#:CV26227051
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,995,000

About this home

Just Listed! Exceptional opportunity to acquire a 7-unit multifamily property in the city of Paramount, featuring a desirable combination of three detached single-story Cottages and a two-story Fourplex. Delivering an attractive 6% current CAP Rate and 11.26 GRM, this investment offers strong day-one cash flow, spacious floor plans, and a unique residential setting that distinguishes it from traditional apartment properties. Situated on a generous 18,708 sq. ft. lot, the property features an excellent unit mix consisting of one 3-Bedroom/1-Bath detached cottage with a 2-car garage, two 2-Bedroom/1-Bath cottages with attached garages, and four 2-Bedroom/1-Bath units within the fourplex. Totaling approximately 6,826 rentable square feet, the property's large units and detached cottage configurations offer added privacy and appeal to discerning renters seeking more spacious living accommodations. Residents enjoy desirable amenities including private yards, individual laundry hookups, and...

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Home facts

  • Listing ID #:CV26227051
  • Added:3 day(s) ago
  • Updated:October 24, 2026 at 02:36 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Levels:1 Story

Finances and disclosures

  • Price:$1,995,000
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