44702 Fig Avenue, Lancaster, CA 93534
Local realty services provided by:ERA Excel Realty
44702 Fig Avenue,Lancaster, CA 93534
$749,000
- - Beds
- - Baths
- 3,185 sq. ft.
- Multi-family
- Active
Listed by: hosep stepanian
Office: broker intrust real estate-hosep stepanian818-426-1117
MLS#:SR26242532
Source:CRMLS
Price summary
- Price:$749,000
- Price per sq. ft.:$235.16
About this home
Seller wants this gone! 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....
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Home facts
- Year built:1968
- Listing ID #:SR26242532
- Added:1 day(s) ago
- Updated:November 12, 2026 at 08:07 PM
Rooms and interior
- Living area:3,185 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Year built:1968
- Building area:3,185 sq. ft.
- Lot area:0.2 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$749,000
- Price per sq. ft.:$235.16
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