Lancaster homes
For sale89 days on market
$795,000

44702 Fig Avenue, Lancaster, CA 93534

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Beds
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Baths
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Sq ft

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 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.

Type
Triplex
Year built
1968
Lot
8,866 sq ft
Garage
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HOA
None
Pool
No
View
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Solar
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Estimated payment
$5,014/mo
  • Principal & interest$4,020
  • Property tax (est.)$762
  • Home insurance (est.)$232

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Hosep Stepanian, Broker Intrust Real Estate-Hosep Stepanian, 818-426-1117. MLS# SR26169385. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 7:26 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

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