$3,150,000

39905 Bird Lane, Rancho Mirage, CA 92270

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Introducing Thunderbird Terrace Apartments, a rare investment opportunity in Rancho Mirage. Located at the prestigious southwest corner of Thunder Road and Bird Lane, this 15-unit complex offers tremendous upside potential in an A+ location. The property consists of 14 spacious two-bedroom, two-bath units of approximately 1,200 square feet each, along with one three-bedroom, two-bath manager's unit of approximately 2,400 square feet. Spread across two well-built two-story frame and stucco buildings, the apartments feature exterior entrances over ground-level parking garages and a central courtyard area that enhances community living. Additional amenities include an on-site pool, landscaped common areas, and garage parking for all units, with some offering private single-car garages. Originally constructed in 1967, the complex is currently vacant and offered at a lower list price to reflect the required repairs needed. This is an as-is sale and only serious buyers prepared to complete the necessary updates and renovations should inquire. Once remodeled and repositioned, the units have the potential to achieve maximum rental value in Rancho Mirage's highly desirable market. Thunderbird Terrace Apartments presents investors with a unique chance to acquire a multifamily asset with significant value-add potential in one of the Coachella Valley's most sought-after locations.

Listing Status:
Active
Date Added:
September 8, 2025 at 05:00AM
Listing Office:
OZA Realty Inc. : (760) 777-6622
Listing Agent:
Jose Espinoza : (760) 272-1284
MLS ID:
219135026DA
  • Appliances: Water Heater
  • A/C: Zoned
  • Heating: Zoned
  • Pool: CommunityIn Ground
  • Parking: AssignedCommunity StructureParking spaces: 4
  • Roofing: CompositionFlat
  • General: 2Slab
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CDAR
  • County: Riverside
  • Zoning: 689202024
  • View: City LightsDesertMountain(s)PanoramicPeek-A-BooView
  • Sewer: Septic Tank
  • Source: CRMLS_CDAR

This listing courtesy of Jose Espinoza, OZA Realty Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rancho Mirage Elementary School

42-985 Indian Trail Rd, Rancho Mirage, CA, 92270

Grades KG-5

1.61 miles away

N

Nellie N. Coffman Middle School

34603 Plumley Rd, Cathedral City, CA, 92234

Grades 6-8

2.69 miles away

C

Cathedral City High School

69250 Dinah Shore Dr, Cathedral City, CA, 92234

Grades 9-12

3.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.