39905 Bird Lane, Rancho Mirage, CA 92270
Thunderbird Terrace (click for community info)
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Overview
MLS #
219135026DA
Listed on
2025-09-08
Status
Active
Price
$3,150,000
Type
Residential Income
Size of home
18,000 sq ft
Beds / Baths
0 / 0.00
Size of lot
16,988 sq ft
Community
Thunderbird Terrace
Location address
39905 Bird Lane
Rancho Mirage 92270
Rancho Mirage 92270
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.
General Information
Original List Price
$3,150,000
Price Per Sq/Ft
$175
Furnished
No
Land Type
Fee
Land Lease Expires
N/A
Community Features
Community Mailbox
Pool
Yes
Pool Description
Community, In Ground
Spa
Yes
Year Built
1963
Levels
Three Or More
View
City Lights, Desert, Mountains, Panoramic, Peek-A-Boo, Pool
Flooring
Other
Laundry
Community
Fireplace
No
Heating Type
Other, Zoned
Cooling Type
Multi/Zone, Other
Parking Spaces
4
Parking Type
Assigned, Community Garage
Courtesy of:
Jose Espinoza /
OZA Realty Inc.
39905 Bird Lane