Properties

Lancaster, CA 93534 44702 Fig Avenue

44702 Fig Avenue Lancaster, CA - Image 144702 Fig Avenue Lancaster, CA - Image 244702 Fig Avenue Lancaster, CA - Image 3
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44702 Fig Avenue Lancaster, CA - Image 444702 Fig Avenue Lancaster, CA - Image 544702 Fig Avenue Lancaster, CA - Image 644702 Fig Avenue Lancaster, CA - Image 744702 Fig Avenue Lancaster, CA - Image 844702 Fig Avenue Lancaster, CA - Image 944702 Fig Avenue Lancaster, CA - Image 1044702 Fig Avenue Lancaster, CA - Image 1144702 Fig Avenue Lancaster, CA - Image 1244702 Fig Avenue Lancaster, CA - Image 1344702 Fig Avenue Lancaster, CA - Image 1444702 Fig Avenue Lancaster, CA - Image 1544702 Fig Avenue Lancaster, CA - Image 1644702 Fig Avenue Lancaster, CA - Image 17
Presented By: Andre Manvelyan with Imperial Realty Co.; 818-317-5324
  • MLS# GD26021603
  • 02/02/2026
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  • Baths • 1
  • SQFT • 3,185

Home Details

Back on Market - 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 4โ€“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 $1,600โ€“$1,800 per month, with potential upside through housing voucher programs. Upon completion, the property is projected to generate approximately $14,000โ€“$15,000+ per month in gross rental income. The plans and permits took approximately three years to secure due to the complexity of adding this number of additional units. This is a rare opportunity for investors and builders seeking a project with approved permits in place, avoiding years of entitlement work.
Presented By: Andre Manvelyan with Imperial Realty Co.; 818-317-5324

Interior Features for 44702 Fig Avenue

Other Interior Features

Air Conditioning Y/NYes
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Vinyl
Heating Y/NYes
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 44702 Fig Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, Gas Range
Building Area UnitsSquare Feet
CityLancaster
Community FeaturesSidewalks
CoolingCentral Air
CountyLos Angeles
DirectionsTurn left onto W Ave I / Fig Ave
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income74964
HOANo
HOA Fee$
HeatingCentral
Insurance Expense4440
Land Lease Y/NNo
LevelsOne
Listing TermsCash
Lot Size Square Feet8864
Lot Size UnitsSquare Feet
MLS AreaLAC - Lancaster
MaintenanceExpense2400
Net Operating Income60820
New ConstructionNo
Number Of Units Total3
Operating Expense14144
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLANCASTER
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot1
Taxes$0
Tenant PaysElectricity, Gas
Trash Expense1344
Water Sewer Expense1800
Year Built1968
Year Built SourceAssessor

Exterior for 44702 Fig Avenue

Building Area Total3185
Lot Features0-1 Unit/Acre
Lot Size Acres0.2035
Lot Size Area8864
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters3
Number of Separate Water Meters1
Parking FeaturesNone, Off Street
Pool Charge0
Private PoolNo
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $950,000
MLS#GD26021603
List Date 02/02/2026
Property Type Multi-Family
Phone 888.795.6274
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Request Info
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