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44702 Fig Avenue

Lancaster, CA 93534
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Bed 7

Bed

Bath 4

Bath

SqFt8,866

Sqft(Lot)

Exceptional Value-Add Investment Opportunity – RTI Expansion to 8 Units. Unlock the incredible potential of 44702 Fig Avenue, Lancaster, a rare investment opportunity with significant upside. Currently operating as a triplex, this property comes Ready-to-Issue (RTI) with approved plans and permits to construct five additional one-bedroom units, bringing the total unit count to eight. Construction is underway with underground utilities completed, framing in progress, and portions of the project already topped out, allowing the next owner to accelerate completion. The estimated timeline to finish the expansion is approximately 4–6 months. The newly constructed one-bedroom units are projected to command $1,600–$1,800 per month in rental income. Upon completion of the full eight-unit developme nt, the property is expected to generate approximately $14,000–$15,000 in monthly gross rental income, creating an outstanding opportunity for long-term cash flow and appreciation. Whether you're an experienced investor, builder, or developer looking to add a high-performing asset to your portfolio, opportunities like this are few and far between. Complete the project, maximize its income potential, and capitalize on the substantial value already built into this exceptional investment.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $924,999

AD Id : 89066581

MLS Id : SR26169385

Beds : 7

Lot Size : 8,866 Sqft

Year Built : 1968

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1968
    Building Area Total: 3185
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 8866 Lot Size Acres: 0.2035 Lot Size Source: Assessor Lot Size Square Feet: 8,866

  • Listing Price Information

    Listing Price: $924999
    Cash, CashToExistingLoan, CashToNewLoan, Conventional

  • Tax Information

    Parcel Number: 3133023007 Tax Lot: 1 Tax Block: 22

  • Location Information

    Direction: S Lancaster Blvd WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
45445 Cedar Ave., Lancaster, CA, 93534 $523,800 4 2 --
44636 Cedar Avenue, Lancaster, CA, 93534 $549,990 5 3 2,420 2,420 SqFt
45110 Elm, Lancaster, CA, 93534 $639,000 2 4 --
45348 10th W, Lancaster, CA, 93534 $599,900 4 2 1,731 1,731 SqFt
44632 Fern Avenue, Lancaster, CA, 93534 $600,000 5 3 2,163 2,163 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/19/2026 @ 03:27

MLS: SR26169385 LISTED BY: Hosep Stepanian, Broker Intrust Real Estate-Hosep Stepanian 818-426-1117 SOURCE: CRMLS

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