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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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44702 Fig Avenue Lancaster, CA 93534
$899,000 0 beds, 0 baths
0 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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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.

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# SR26169385
List price is $899,000 Reduced by $25,999 on 8/24/2026
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1968
2 stories
0.20 acres
Lot size: 0.2035
County: Los Angeles
Heating/cooling: Central Air
Heating description: Central
MLS area: LAC - Lancaster

Last Updated: 8/24/2026

 Find more Lancaster homes and real estate

 Find more homes in 93534 zip code

This listing belongs to the LAC - Lancaster MLS area

Lat/Long: 34.694342, -118.142374.
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Listing Agent: Hosep Stepanian
Lic#: 01780506
Broker: Courtesy of Broker Intrust Real Estate-Hosep Stepanian

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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