11357 Gramercy, Riverside, California 92505, Riverside, 92505 - 3 bed, 2 bath
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Riverside, California 92505
This Turnkey Single-Family Residence represents a Prime Investment Opportunity, listed at $675,000—positioned well below the $694,579 Fair Market Value by 2%. This valuation gap offers $19,579 in Instant Equity. With a Condition Rating of 3, the home features a new HVAC system, fresh paint, and engineered flooring. The expansive 9,583 sq. ft. lot and open floor plan provide a serene lifestyle, while proximity to John F. Kennedy High School adds long-term value. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11357 Gramercy Subject | $675,000* List Price | 3 | 2 | 1,446 | $480 | - |
A 5220 Marengo Ct. Sold | $650,000 | 3 | 2 | 1,370 | $474 | 0.2 mi |
B 11146 Gramercy Sold | $654,000 | 3 | 2 | 1,287 | $508 | 0.3 mi |
C 5345 La Sierra Avenue Sold | $585,000 | 3 | 2 | 1,168 | $501 | 0.5 mi |
D 11665 Valverda Sold | $678,000 | 3 | 2 | 1,490 | $455 | 0.7 mi |
E 10768 Campbell Avenue Sold | $610,000 | 3 | 2 | 1,200 | $508 | 0.9 mi |
F 5221 Dresden Place Active | $624,950 List Price | 3 | 2 | 1,453 | $430 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1983, the home is well-maintained and move-in ready with significant recent updates including a brand new HVAC system, fresh interior paint, and new engineered flooring. The primary bathroom features a modern renovated walk-in shower, though the kitchen remains somewhat dated with older tile countertops and cabinetry.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1446.
High School: John F. Kennedy High School (9/10).
The property features significant recent improvements, including a brand-new heating and air conditioning system, fresh interior paint, and new engineered flooring, reducing immediate maintenance costs for the buyer.
With 1,446 square feet of living space, the home may feel compact for larger families or buyers specifically looking for the higher square footage often found in newer Riverside developments.
While the property is centrally located, several of the closest assigned public schools have lower to average ratings, which may be a drawback for families prioritizing top-tier educational performance.
Single story 3 bed, 2 bath, 1446* square foot home, situated on a large 9,583* square foot lot, features high ceilings, spacious living room with fireplace and bay window, The open kitchen with a large center island overlooks the dining area and family room with built-in book cases, and a glass slider opens to the covered patio and back yard. A bedroom off the main living area provides an ideal space for a home office or den. There is a convenient direct access from the kitchen to the 2-car attached garage and a wide driveway with lots of space for parking. The primary bedroom features a walk-in closet, ensuite bath with a walk-in soaking tub and shower, and a glass slider opens to the patio area. Additional features include freshly painted interior and some new engineered flooring, new heating and air conditioning system, whole house water filtration system, and ADT alarm system hookup in place. The beautiful grounds were thoughtfully designed with a variety of drought tolerant and blooming plants, rose bushes, Palo Verde and citrus trees. Share the privacy of your backyard sanctuary with the birds and the butterflies as you sip your morning coffee. Located near local parks, schools, La Sierra University and Riverwalk and the renowned Loma Linda Blue Zone. A lovely place to call home, the perfect place to make your own. Live the life you imagine, live the life you deserve!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades PK-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,446 | 1,540 | 43% |
| Lot Size | 9,583 | 7,841 | 68% |
| Price | $675.0K | $650.0K | 59% |
| Price per sq ft | $467 | $417 | 70% |
| Built year | 1983 | 1977 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 180 | 4% |
Apr 24, 2026
$675,000
Initial Listing
Aug 29, 2008
$400,000
Public Record
Oct 29, 2004
$352,500
Public Record