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44702 Fig Ave, Lancaster, CA 93534

  • $924,999

  • bed

  • bath

Multi-family for sale 17 days
Movoto is helping 49 homebuyers near you

About 44702 Fig Ave

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Lot size 8,866 Sqft
Movoto estimate
Rental estimate
Property description
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.
Listed by
Listing Agent - Hosep Stepanian
Listing Agent Contact: 818-426-1117
Listing Office - Broker Intrust Real Estate-Hosep Stepanian
Source: CRMLS mls logo
MLS#SR26169385 • last updated 2 weeks ago
Movoto checked CRMLS for data 5 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Triplex
Status Active
Lot Size (Acres) 0.2035
Lot Size (SqFt) 8866
Year Built 1968
Interior
Laundry None
Exterior
Building Area Square Feet, 3185
Lot Description Lot 6500-9999
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Directions S Lancaster Blvd
APN 3133023007
Multifamily Details
Expense: Trash 1320
Operating Expense 14144
Expense: Insurance 4440
Total Expenses 14144
Expense: Water/ Sewer 1680
Gross Income 74
Gross Scheduled Income 74964
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  • Real Estate
  • CA
  • Los Angeles County
  • Lancaster
  • 93534
  • South Downtown Lancaster
  • 44702 Fig Ave

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/20/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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