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44702 Fig Avenue, Lancaster, CA 93534

Lancaster
Local realty services provided by:CENTURY 21 Allstars
44702 Fig Avenue,Lancaster, CA 93534
$1,050,000
  • - Beds
  • - Baths
  • 3,185 sq. ft.
  • Multi-family
  • Active
Listed by: andre manvelyan
Office: imperial realty co.
MLS#:GD26021603
Source:CRMLS

Price summary

  • Price:$1,050,000
  • Price per sq. ft.:$329.67

About this home

Exceptional value-add opportunity at 44702 Fig Ave. This 3,200 sq ft triplex offers in-place income and upside potential, featuring two 2-bedroom, 1-bath units renting for $1,997 and $1,800 per month, and one 3-bedroom, 2-bath unit renting for $2,450 per month. The property includes approved plans and permits to construct five additional 1-bedroom/1-bath units (approximately 2,300 additional sq ft), bringing the total projected building size to approximately 5,500 sq ft. Construction on the expansion has already begun, including framing, underground work, and top-outs. The estimated completion time is approximately 4–5 months, offering a streamlined path for the next owner to finalize the project. Projected rents for the new 1-bedroom units are estimated at $1,600–$1,800 per month, with potential upside through housing voucher programs. Upon completion, the property is projected to generate approximately $14,000–$15,000+ per month in gross rental income. The plans and permits took...

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Home facts

  • Year built:1968
  • Listing ID #:GD26021603
  • Added:48 day(s) ago
  • Updated:March 23, 2026 at 10:42 AM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Kitchen Description:Dishwasher, Gas Range
  • Living area:3,185 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1968
  • Building area:3,185 sq. ft.
  • Lot area:0.2 Acres
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,050,000
  • Price per sq. ft.:$329.67

Features and amenities

  • Appliances:Dishwasher

Parking

  • Parking description:Off Street
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