44702 Fig Avenue, Lancaster, CA 93534

Lancaster
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
44702 Fig Avenue,Lancaster, CA 93534
$1,050,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: andre manvelyan
Office: imperial realty co.
MLS#:GD26021603
Source:CAREIL

Price summary

  • Price:$1,050,000

About this home

Exceptional value-add opportunity at 44702 Fig Ave. This 3,200 sq ft triplex offers in-place income and upside potential, featuring two 2-bedroom, 1-bath units renting for $1,997 and $1,800 per month, and one 3-bedroom, 2-bath unit renting for $2,450 per month. The property includes approved plans and permits to construct five additional 1-bedroom/1-bath units (approximately 2,300 additional sq ft), bringing the total projected building size to approximately 5,500 sq ft. Construction on the expansion has already begun, including framing, underground work, and top-outs. The estimated completion time is approximately 4–5 months, offering a streamlined path for the next owner to finalize the project. Projected rents for the new 1-bedroom units are estimated at $1,600–$1,800 per month, with potential upside through housing voucher programs. Upon completion, the property is projected to generate approximately $14,000–$15,000+ per month in gross rental income. The plans and permits took...

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Home facts

  • Year built:1968
  • Listing ID #:GD26021603
  • Added:51 day(s) ago
  • Updated:March 29, 2026 at 04:23 PM

Rooms and interior

  • Kitchen Description:Dishwasher

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Forced Air

Structure and exterior

  • Year built:1968
  • Lot area:0.2 Acres
  • Lot Features:Mid Block
  • Levels:1 Story

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,050,000

Parking

  • Parking description:Off Street Parking
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