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Stacey Alysson Melman

44702 Fig AV
Lancaster, CA, 93534
$899,000
Beds
0 Baths
0 SqFt
0.2 Acres
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MLS #SR26169385 image #0
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.
AGENT: Hosep Stepanian
LISTING BROKERAGE: Broker Intrust Real Estate-Hosep Stepanian
44702 Fig AV
Lancaster, CA

Property Details

Price:
$899,000
MLS #:
SR26169385
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
laclancaster
Listed Date:
Aug 4, 2026
Total Sq Ft:
3,185
Lot Size:
8,866 sqft / 0.20 acres (approx)
Year Built:
1968
Lac – LancasterLaclancaster
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Schools

Interior

Cooling
CA
Heating
CF
Laundry Features
NO
Levels
U

Exterior

Common Walls
_1CW
Community Features
SDW

Financial

Net Operating Income
$60,820

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