39905 Bird Ln, Rancho Mirage, CA 92270, USA
39905 Bird Ln, Rancho Mirage, CA 92270, USABasics
- Date added: Added 4 weeks ago
- Category: Residential Income
- Type: Apartment
- Status: Active
- Bedrooms: 0
- Bathrooms: 0
- Area: 18000 sq ft
- Lot size: 16988 sq ft
- Year built: 1963
- Subdivision Name: Thunderbird Terrace
- Lot Size Acres: 0 acres
- County: Riverside
- Land Type: Fee
- MLS ID: 219135026
Description
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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.
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Location
- View: City Lights, Desert, Mountain(s), Panoramic, Peek-A-Boo, Pool
Building Details
- Cooling features: Zoned, Other
- Building Area Total: 18000 sq ft
- Garage spaces: 1
- Construction Materials: Stucco
- Sewer: Septic Tank
- Heating: Zoned, Other
- Roof: Composition, Flat
- Foundation Details: Slab
- Levels: Three Or More
- Carport Spaces: 1
Amenities & Features
- Laundry Features: Community
- Pool Features: Community, Safety Gate, In Ground
- Parking Features: Assigned, Community Structure, Total Covered Spaces, Total Uncovered/Assigned Spaces
- Lot Features: Premium Lot, Landscaped, Corner Lot
- Community Features: Sidewalks, Community Mailbox
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Hwy 111 & Peterson Rd
- Listing Terms: Cash, Cash to New Loan, Conventional
- Special Listing Conditions: Standard
Courtesy of
- List Office Name: OZA Realty Inc.