Listed by Hosep Stepanian, Broker Intrust Real Estate-Hosep Stepanian, (818) 426-1117
44702 Fig Ave
Lancaster, CA 93534
South Downtown- 7 Beds
- 4 Baths
- 3,185 sqft
7 Beds
4 Baths
3,185 sqft
Home Highlights
Climate Control
Heating & Cooling
HOA
None
Price/Sqft
$290
Listed
Less than a day ago
Local Information
-- mins to
About this House
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.
Home Details for 44702 Fig Ave
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4 |
Appliances & Utilities Laundry: None |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 11 |
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Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1968 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 3133023007 |
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Price List Price: $924,999Price Per Sqft: $290 |
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MLS Status: Active |
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Direction & Address City: Lancaster |
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Listing Agent Listing ID: SR26169385 |
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Building Area Building Area: 3185 Square Feet |
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Community Features: SidewalksNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 8866 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to Existing Loan, Cash to New Loan, Conventional |
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Expense Tenant Pays: Electricity, Gas |
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Has Rent Control |
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Mls Number: SR26169385Living Area Range Units: Square FeetAttribution Contact: 818-426-1117Common Interest: NoneUniversal Property Id: US-06037-N-3133023007-R-N |
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SidewalksSource Internet Entire Listing Display |
Last check for updates: about 2 hours ago
Listing Provided by: Hosep Stepanian DRE #01780506, (818) 426-1117
Broker Intrust Real Estate-Hosep Stepanian
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SR26169385

Also Listed on CRMLS.
Market trends in Lancaster
Last updated June 2026
Avg. sale price
$453K
$11.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$263
$2MoM
Available listings
736
25MoM
Price History for 44702 Fig Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 08/04/2026 | $924,999 | Listed For Sale | CRMLS #SR26169385 |
| 11/03/2022 | $720,000 | Sold | GAVAR #22007060 |
| 09/08/2022 | $749,999 | Pending | GAVAR #22007060 |
| 07/29/2022 | $749,999 | PriceChange | GAVAR #22007060 |
| 06/18/2022 | $799,000 | Pending | GAVAR #22000468 |
| 02/22/2022 | $799,000 | PriceChange | GAVAR #22000468 |
| 01/17/2022 | $849,900 | Listed For Sale | GAVAR #22000468 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $11,031 |
| Assessment | $749,088 |
Home facts updated by county records
Comparable Sales for 44702 Fig Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $595,000 | 10/31/25 | 4 | 3 | 2,051 | |
0.28 | Multi-Family Home | $663,000 | 03/26/26 | 12 | 6 | 2,456 | |
0.63 | Multi-Family Home | $725,000 | 03/18/26 | 7 | 3 | 2,800 | |
0.59 | Multi-Family Home | $790,000 | 12/09/25 | 6 | 6 | 3,360 | |
1.03 | Multi-Family Home | $790,000 | 05/29/26 | 6 | 6 | 3,212 | |
0.72 | Multi-Family Home | $825,000 | 09/05/25 | 10 | 10 | 5,588 | |
0.64 | Multi-Family Home | $350,000 | 04/15/26 | 4 | 2 | 1,868 | |
1.11 | Multi-Family Home | $540,000 | 11/03/25 | 4 | 4 | 2,332 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 44702 Fig Ave.
What Locals Say about South Downtown
At least 22 Trulia users voted on each feature.
85 % Say parking is easy
78 % Say it's dog friendly
78 % Say there are sidewalks
76 % Say yards are well-kept
76 % Say car is needed
66 % Say there's holiday spirit
61 % Say it's walkable to restaurants
50 % Say streets are well-lit
46 % Say kids play outside
43 % Say it's quiet
42 % Say neighbors are friendly
42 % Say they plan to stay for at least 5 years
30 % Say it's walkable to grocery stores
22 % Say people would walk alone at night
19 % Say there's wildlife
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Hosep Stepanian, Broker Intrust Real Estate-Hosep Stepanian
Agent Phone: (818) 426-1117

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-04 11:27:01 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-04 11:27:01 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
44702 Fig Ave, Lancaster, CA 93534 is a 7 bedroom, 4 bathroom, 3,185 sqft multi-family built in 1968. 44702 Fig Ave is located in South Downtown, Lancaster. This property is currently available for sale and was listed by CRMLS on Aug 4, 2026. The MLS # for this home is MLS# SR26169385.

