$ 3,150,000
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$3,150,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing CDAR-oD21470 - CDAR-D75157
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 Highlights for 39905 Bird Ln
Status
Active
Days on Site
47
Property Type
Multi-Family
MLS ®
219135026DA
Year Built
1963
Total Square Footage
0
Lot/Acreage
0.39
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances: Water Heater
- Air Cond: Zoned
- Heating: Zoned
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Landscaped,Corner Lot,No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 4
- Roof: Composition,Flat
- Others: 2+ Total Units
- Sewer: Conventional Septic
- Parking Features: Assigned,Community Structure
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 689202024
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
39905 Bird Ln Rancho Mirage, CA 92270
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