11255 Dempsey, Granada Hills, California 91344, Granada Hills, 91344 - 6 bed, 5 bath

11255 Dempsey, Granada Hills, California 91344 home-pic-0
ACTIVE$1,149,999$3,554/sqft
11255 Dempsey, Granada Hills, California 91344
6Beds
5Baths
3,554Sqft
8,138Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Mayall Street Elementary School (9/10). Middle School: Robert Frost Middle School (9/10). High School: West Ranch High School (10/10).
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-04-16. The sold price is $980,000.00.

Compared to the nearby listings

Price:$1.15M vs avg $1.04M (+$109,999)63%
Size:3,554 sqft vs avg 1,912 sqft95%
Price/sqft:$324 vs avg $5613%

More Insights

Built in 1956 (70 years old).
Condition: The property, built in 1956, is explicitly marketed for 'redevelopment or reconstruction' and sold 'strictly as-is.' Images clearly show the roof is missing, exposing the interior structure to the elements, rendering it unlivable and beyond repair in its current state. The value is based solely on the land and its potential for a new build or extensive rebuild.
Year Built
1956
Close
-
List price
$1.15M
Original List price
$1.3M
Price/Sqft
$324
HOA
-
Days on market
-
Sold On
-
MLS number
GD25280194
Home ConditionTear down
Features
View-

About this home

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. 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.

M
Michael Zargarian
Listing Agent

Nearby schools

5/10
Danube Avenue Elementary School
Public,K-50.2mi
7/10
Haskell Elementary School
Public,K-50.5mi
6/10
Tulsa Street Elementary School
Public,K-51.0mi
9/10
Vintage Math/Science/Technology Magnet School
Public,K-51.6mi
9/10
Mayall Street Elementary School
Public,K-51.8mi
3/10
El Dorado Avenue Elementary School
Public,K-51.9mi
7/10
Andasol Avenue Elementary School
Public,K-52.6mi
4/10
Herrick Avenue Elementary School
Public,K-52.8mi
6/10
Wiley Canyon Elementary School
Public,K-68.4mi
7/10
George K. Porter Middle School
Public,6-80.8mi
5/10
Patrick Henry Middle School
Public,6-82.2mi
9/10
Robert Frost Middle School
Public,6-82.3mi
4/10
Olive Vista Middle School
Public,6-83.0mi
9/10
Rancho Pico Junior High School
Public,7-811.0mi
6/10
John F. Kennedy High School
Public,9-120.6mi
5/10
Valley Academy Of Arts And Sciences
Public,9-121.8mi
5/10
Valley Academy Of Arts And Sciences
Public,9-121.8mi
7/10
Northridge Academy High
Public,9-123.4mi
10/10
West Ranch High School
Public,9-1211.2mi

Price History

Date
Event
Price
04/16/25
Sold
$980,000
Condition Rating
Tear down

The property, built in 1956, is explicitly marketed for 'redevelopment or reconstruction' and sold 'strictly as-is.' Images clearly show the roof is missing, exposing the interior structure to the elements, rendering it unlivable and beyond repair in its current state. The value is based solely on the land and its potential for a new build or extensive rebuild.
Pros & Cons

Pros

Great Schools: Elementary School: Mayall Street Elementary School (9/10). Middle School: Robert Frost Middle School (9/10). High School: West Ranch High School (10/10).
Multi-Unit & Income Potential: The property features four approved addresses, including a detached ADU, offering significant income-producing or multi-generational living opportunities.
Redevelopment Opportunity: Explicitly marketed for investors, builders, or value-add buyers, highlighting strong potential for renovation, reconstruction, or redevelopment.
Flexible & Expansive Layout: Offers a versatile 6-bedroom, 5-bathroom layout with multiple living areas and kitchenettes, adaptable to diverse living arrangements.
Generous Living Space & Lot: A combined 4,354 sq ft of living space across the units and an 8,138 sq ft lot provide ample room for various uses and potential expansion.
Proximity to Schools: Located in Granada Hills with convenient access to several local schools, including highly-rated options, appealing to families.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-04-16. The sold price is $980,000.00.
Sold Strictly 'As-Is': The property is sold without representations or warranties regarding its condition, indicating potential for substantial, undisclosed repair or reconstruction costs.
Age & Required Modernization: Built in 1956, the property likely requires significant updates and modernization to meet current standards and buyer preferences.
Substantial Capital Investment: Buyers should anticipate a considerable financial outlay beyond the purchase price for necessary repairs, upgrades, or full redevelopment.
Browse Properties by State Browse housing market trends by state