44702 Fig Avenue, Lancaster, CA — listing photo 1
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FOR SALE

44702 Fig Avenue

Lancaster, CA 93534
8,866 Lot Sq Ft
Built 1968
$795,000
Price ReducedWas $924,999 — $795,000 (-$129,999)

Property Overview

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.

Home Details

Property type
Residential Income - Triplex
Year built
1968
Lot size
8,866 sq ft
Stories
2
Days on market
48
MLS status
Active

Features & Amenities

Pool

  • None

Community, Schools & Utilities

Utilities

Heating
Central
Cooling
CentralAir
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

44702 Fig Avenue

Lancaster, CA 93534

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Frequently Asked Questions About 44702 Fig Avenue

Property type: Residential Income

The current asking price is $795,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 44702 Fig Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1968. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Lancaster, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Lancaster property.
The MLS currently reports the property as Active. It has been listed for 48 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Hosep Stepanian
MLS ID: F207052532

Available property

$795,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.