Listing Agent: Michael Zargarian      Broker/Office: NextHome Grandview
11255 Dempsey Granada Hills CA 91344
$ 1,250,000
  6   |    5   |    3554 Sq Feet

Listing ID

#GD25280194

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1956

Days on website

3

Description
Large 6-bedroom, 5-bathroom property offering a flexible layout with strong potential for redevelopment or reconstruction. The home features multiple living areas, including a downstairs kitchenette with dining and living space and backyard access, as well as four bedrooms and two bathrooms upstairs, including a primary bedroom with fireplace. A second wing includes two ground-floor bedrooms, a shared bathroom, living room, full kitchen, laundry room, and a den or office. The upper level also features a spacious studio-style room with its own bathroom, allowing for multiple possible reconfiguration options.

The property has sustained fire damage and is currently red-tagged by the City of Los Angeles Department of Building and Safety. Broker, agents, and seller make no representations or warranties regarding the condition of the property, required repairs, or reconstruction costs. Property is being sold strictly as-is and may be suitable for investors, builders, or buyers seeking a value-add opportunity.

The property includes four approved addresses with a combined total of approximately 4,354 sq ft of living space, configured as follows: 11255 Dempsey Ave (3 bed / 2.5 bath, approx. 1,601 sq ft); 11255 ½ Dempsey Ave (1 bed / 1 bath, approx. 500 sq ft); 11257 Dempsey Ave (3 bed / 2.5 bath, approx. 1,453 sq ft); and 15832 W Index St, a detached ADU (2 bed / 2 bath, approx. 800 sq ft). This multi-address configuration offers flexibility for redevelopment, reconstruction, or future income-producing potential, subject to buyer verification and applicable approvals.
Location
Financial Information
List Price:  $ 1250000
Property Features
Community Features:  Suburban
Heating:  Central
High School District:  Los Angeles Unified
Levels:  Two
Senior Community YN:  false
Structure Type:  House
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  GH - Granada Hills
City:  Granada Hills
Listed By:   Michael Zargarian   NextHome Grandview 
CA Lic#