10450 Gramercy Pl., Riverside, California 92505, Riverside, 92505 - 5 bed, 2 bath
ACTIVE$654,900
10450 Gramercy Pl., Riverside, California 92505
5Beds
2Baths
1,355Sqft
9,583Lot
Year Built
1959
Close
-
List price
$655K
Original List price
$655K
Price/Sqft
$483
HOA
-
Days on market
-
Sold On
-
MLS number
PW25276936
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 8% below the list price. We found 4 Cons,6 Pros. Rank: price - $654.9K(54th), sqft - 1355(36th), beds - 5(90th), baths - 2(50th).
Spacious single family residence. 5 Bedrooms and 1.75 bathrooms. Large lot. Property has one garage and two carport. Plenty of parking spaces.
Price History
Date
Event
Price
12/16/25
Listing
$654,900
01/30/23
Sold
$503,000
Condition Rating
Fair
Built in 1959, this property is significantly dated. The kitchen features original or very old wood cabinets, tiled countertops, and outdated flooring and paneling, suggesting a renovation from 20-40 years ago. The bathrooms also exhibit similar dated fixtures and finishes. While the property appears to be maintained and functional, it requires substantial cosmetic updates and likely system upgrades to meet current standards and buyer expectations.
Pros & Cons
Pros
High Available Lot Utilization: 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 = 1355.
High Bedroom Count: The property offers 5 bedrooms, appealing to larger families or those requiring dedicated office/guest spaces.
Expansive Lot Size: A generous 9,583 sqft lot provides ample outdoor space for various activities, landscaping, or potential future expansion.
Ample Parking Facilities: Featuring one garage and two carports, along with additional parking spaces, addresses a common buyer need for vehicle accommodation.
Desirable Property Type: As a single-family residence, it offers privacy and land ownership, which is highly sought after in the market.
Established Community: Located in Riverside, the property benefits from being in a well-known city with established infrastructure and amenities.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Dated Construction: Built in 1959, the property is over 60 years old, suggesting potential for outdated systems and the need for significant renovations or maintenance.
Limited Bathroom Count: With only 2 bathrooms for 5 bedrooms, the property may present functional challenges and inconvenience for a larger household.
High Bedroom-to-Square Footage Ratio: The 1355 sqft living space for 5 bedrooms implies smaller individual room sizes, which could feel cramped despite the 'spacious' description.