2116 Gratton, Riverside, California 92504, Riverside, 92504 - 5 bed, 4 bath
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Riverside, California 92504
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well above the $839,865 Fair Market Value by 42%. While the current pricing reflects a premium, the 1.84-acre lot and 5-bedroom layout offer significant long-term value-add potential. Given the Fair Condition Rating and dated 1965 interiors, the property requires a comprehensive renovation to modernize its systems and finishes. This is a strategic acquisition for Value-Add Investors or Owner-Occupants seeking a large-scale project in the scenic Arlington Heights greenbelt.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2116 Gratton Subject | $1,200,000* List Price | 5 | 4 | 2,761 | $304 | - |
A 8805 Dufferin Sold | $1,200,000 | 4 | 3 | 3,553 | $338 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965 with no evidence of modern renovations. The interior features extremely dated finishes including original-style rock fireplaces, popcorn ceilings, wallpaper borders, and brown shag-style carpeting throughout. Based on the 59-year age and the 30-40+ year old aesthetic of the kitchen and living areas, the property requires a comprehensive rehab of all major surfaces and systems to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 80150, living area = 2761.
The property sits on 1.84 fully fenced acres with an electric gated entrance, offering rare privacy and significant space for animals, outbuildings, and recreational toys.
Featuring five bedrooms and two separate bonus rooms, the floor plan provides exceptional flexibility for large families, multi-generational living, or dedicated hobby spaces.
With a 1965 build date and mentions of tile countertops, the interior likely requires cosmetic modernization to meet current luxury market expectations.
The large lot size and multiple outbuildings necessitate significant ongoing maintenance and landscaping costs to preserve the property's value and appeal.
Welcome to Arlington Heights, where scenic greenbelt surroundings meet comfort, space, and versatility. Situated on 1.84 fully fenced acres, this custom ranch-style home offers privacy, functionality, and inviting indoor-outdoor living. A custom brick driveway, paver walkways, and impressive double-door entry create a warm first impression. Inside, the home features formal living and dining rooms ideal for entertaining, along with a well-appointed kitchen offering tile countertops, built-in appliances, a breakfast bar, breakfast nook with ceiling fan. The spacious family room is highlighted by a stunning rock fireplace and opens directly to the expansive enclosed covered patio — perfect for gatherings year-round. Downstairs also includes a large bonus room with endless possibilities, plus a laundry/utility room with a convenient half bath. The guest bathroom features backyard access and a tub/shower combination. The main-level primary suite offers three closets, private exterior access, and an ensuite bath with dual sinks, vanity area, and shower. Two additional guest bedrooms are also located on the main floor. Upstairs, you’ll find another versatile bonus room along with two generously sized bedrooms offering added privacy and ceiling fans for comfort. The fully fenced property includes multiple outbuildings ideal for storage, hobbies, equipment, or recreational toys. Two large, fenced areas provide ample space for pets and animals, making this property perfect for those seeking a peaceful country-style lifestyle with modern conveniences. An electric gated entrance adds both security and privacy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 89% |
| Baths | 4.0 | 2.0 | 87% |
| Square foot | 2,761 | 1,470.5 | 83% |
| Lot Size | 80,150 | 8,276 | 92% |
| Price | $1.20M | $619.5K | 87% |
| Price per sq ft | $435 | $424 | 56% |
| Built year | 1965 | 1960 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 159 | 1% |
May 23, 2026
$1,200,000
Initial Listing