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.
Property Details
Price:
$924,999
MLS #:
SR26169385
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
laclancaster
Listed Date:
Aug 5, 2026
Total Sq Ft:
3,185
Lot Size:
8,866 sqft / 0.20 acres (approx)
Year Built:
1968
See this Listing
Schools
Interior
Cooling
CA
Heating
CF
Laundry Features
NO
Levels
U
Exterior
Common Walls
_1CW
Community Features
SDW
Financial
Map
Community
- Address44702 Fig AV Lancaster CA
- CityLancaster
- CountyLos Angeles
- Zip Code93534
Market Summary
Current real estate data for Single Family in Lancaster as of Aug 05, 2026
628
Single Family Listed
69
Avg DOM
249
Avg $ / SqFt
$456,871
Avg List Price
Property Summary
- 44702 Fig AV Lancaster CA is a Single Family for sale in Lancaster, CA, 93534. It is listed for $924,999 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1968. The average price per square foot for Single Family listings in Lancaster is $249. The average listing price for Single Family in Lancaster is $456,871.
Similar Listings Nearby
44702 Fig AV
Lancaster, CA


