LKV Realty
Logo
$924,999
$5,000Reward *
44702 Fig Avenue, Lancaster, CA 93534Listing ID SR26169385

44702 Fig Avenue, Lancaster, CA 93534

Active
Time on site: 7 daysLast updated: 5 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Triplex
Square Feet
Square Feet
3,185
Acres
Acres
0.2
Days on Site
Days on Site
6
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
1968
Stories
Stories
2

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 development, 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.

Property Information

Property Details

Location

Address
44702 Fig Avenue
County
Los Angeles
City
Lancaster
Zip Code
93534
MLS Area
LAC - Lancaster

Interior Features

Other Rooms

Laundry Features
None

Building

Building Information

Square Feet
3,185
Year Built
1968
Stories
2

Financial

Special Conditions
Standard
Hosep StepanianBroker Intrust Real Estate-Hosep Stepanian, (818) 426-1117

Market Report for 93534

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

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