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
$924,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: hosep stepanian
Office: broker intrust real estate-hosep stepanian
MLS#:SR26169385
Source:MLSListings

Price summary

  • Price:$924,999

About this home

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...

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Home facts

  • Year built:1968
  • Listing ID #:SR26169385
  • Added:1 day(s) ago
  • Updated:August 06, 2026 at 04:39 PM

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

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$924,999
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