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 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.
The income description goes here to explain
| List Price | $1,050,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1968 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 3133023007 |
| MLS # | GD26021603 |
| Property ID | 295238254 |
| Lot Sqft | 8,864 |
| Zoning | Unknown |
| Total Units | 3 |
| Days on Market | 24 |
| Original List Price | $1,050,000 |
| Applicances | Dishwasher,Gas Range% |
| Date Updated | February 04, 2026 |
| Date Created | February 02, 2026 |
Andre Manvelyan an agent of . Lic #02011845
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 04, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT