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39905 Bird Ln
For Sale $3,150,000
$3,150,000
- 15 Units
- Unknown Sq Ft
- 16,988 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,150,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 1 spots |
| Year Built | 1963 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 689202024 |
| MLS # | 219135026DA |
| Property ID | 322154964 |
| Lot Sqft | 16,988 |
| Zoning | Unknown |
| Total Units | 15 |
| Days on Market | 166 |
| Original List Price | $3,150,000 |
| Applicances | Water Heater% |
| Date Updated | September 08, 2025 |
| Date Created | September 08, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $32,200 | $0 |
Listing Provided By
Jose Espinoza an agent of . Lic #01754045
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 08, 2025 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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Robert Crawford
REAL ESTATE AGENT