7260 Richfield Street 305, Paramount, California 90723, Paramount, 90723 - 2 bed, 2 bath

7260 Richfield Street 305, Paramount, California 90723 home-pic-0
ACTIVE$459,000
7260 Richfield Street 305, Paramount, California 90723
2Beds
2Baths
925Sqft
80,303Lot
Year Built
1979
Close
-
List price
$459K
Original List price
$469K
Price/Sqft
$496
HOA
$275
Days on market
-
Sold On
-
MLS number
RS25074218
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $459.0K(46th), sqft - 925(50th), beds - 2(50th), baths - 2(50th).

Located in a quiet neighborhood is an attractive option for prospective homeowners or investors. This residence features 2 cozy bedrooms and 2 modern bathroom, ideal for families, or individuals seeking a comfortable space to call home. The living room is designed to let in plenty of natural light, creating a warm and inviting atmosphere for relaxation or entertaining guests. The kitchen has laminated countertops that enhance both style and functionality—perfect for cooking enthusiasts who appreciate durable and elegant surfaces. The layout ensures practicality while providing ample room for meal preparation and storage. As for parking accommodations, the property comes with a detached 2-car garage and an additional parking spot, offering convenience and flexibility for vehicle storage. Situated in the northern part of Paramount, this property is strategically located close to key amenities. Residents can enjoy easy access to nearby freeways, shopping centers, schools, and parks, making it a highly convenient place to live. Whether you're seeking proximity to work or leisure, this condo is well-positioned for both. The property represents a fantastic opportunity for first-time buyers, buyers looking for cozy homes or those looking to invest in a rental space in a vibrant community. Paramount's charm and accessibility make this condo worth considering for anyone eager to settle in the area.

Nearby schools

4/10
Howard Tanner School
Public,K-50.2mi
6/10
Los Cerritos School
Public,K-50.3mi
5/10
Mark Keppel School
Public,K-50.7mi
8/10
Abraham Lincoln School
Public,K-50.9mi
5/10
Wesley Gaines School
Public,K-31.1mi
5/10
Theodore Roosevelt
Public,K-51.1mi
4/10
Harry Wirtz Elementary School
Public,K-51.2mi
6/10
Jefferson Elementary School
Public,K-51.4mi
6/10
Major Lynn Mokler School
Public,K-51.8mi
8/10
Ward Elementary School
Public,K-31.9mi
7/10
Carpenter Elementary School
Public,4-52.3mi
5/10
Paramount Park Middle School
Public,6-80.6mi
7/10
Clinton, William Jefferson School
Public,PK-80.8mi
4/10
Frank J. Zamboni School
Public,6-80.8mi
4/10
Leona Jackson School
Public,4-81.1mi
6/10
Hollydale School
Public,K-81.2mi
4/10
Alondra Middle School
Public,6-81.5mi
5/10
Sussman Middle School
Public,6-82.2mi
4/10
Roosevelt Middle School
Public,6-82.4mi
3/10
Dominguez High School
Public,9-120.8mi
5/10
Paramount High School
Public,9-121.1mi
/10
Buena Vista High School
Public,9-123.3mi
7/10
Downey High School
Public,9-123.6mi
9/10
Compton Early College High
Public,9-124.1mi

Price History

Date
Event
Price
08/01/25
$459,000
04/04/25
$469,000
10/08/08
Sold
$125,000
12/05/05
Sold
$280,000
01/05/05
Sold
$260,000
Condition Rating
Poor

Built in 1979, this property is 45 years old. The kitchen features very dated dark wood cabinets, laminate countertops, and older white appliances, requiring a complete renovation. The bathrooms, despite one having a tiled shower, are also significantly outdated in style and fixtures. The presence of a portable AC unit strongly suggests a lack of central air conditioning, which is a major system deficiency requiring substantial investment for installation. While the property appears maintained and livable, the core functional and aesthetic components (kitchen, bathrooms, HVAC) are severely outdated and require substantial rehabilitation to meet contemporary living standards and comfort expectations, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Strategic Location & Accessibility: Situated in northern Paramount, the property offers easy access to freeways, shopping centers, schools, and parks, enhancing convenience for residents.
Ample Parking: The inclusion of a detached 2-car garage and an additional parking spot provides significant convenience and value, especially for a condominium.
Broad Market Appeal & Investment Potential: This condo is an attractive option for first-time buyers, individuals, small families, and investors looking for a rental space in a vibrant community.
Modern Bathrooms & Natural Light: The residence features 2 modern bathrooms and a living room designed to let in plenty of natural light, creating a warm and inviting atmosphere.
Quiet Neighborhood: Located in a quiet neighborhood, the property offers a peaceful living environment.

Cons

Monthly HOA Fees: The property has a monthly association fee of $275.0, which adds to the overall cost of homeownership.
Age of Building: Built in 1979, the property is over 40 years old, which may suggest potential for older infrastructure or systems that could require future maintenance or updates.
Lack of Desirable Views: The property description indicates 'View: None,' meaning it does not offer scenic or notable views, which can be a drawback for some buyers.

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