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39905 Bird Lane, Rancho Mirage, CA 92270

$3,150,000

Property Type: Residential Income Square Footage: 18,000 Status: Active

Current Price: $3,150,000 List Date: 9/08/2025 Last Modified: 9/08/2025

Overview

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 t ... (Read more)

Listing Details MLS# 219135026

General Property Information

Total Units: 15
Approx SqFt: 18000
SqFt Source: Appraiser
Fireplace: No
Building # of Stories: 2
Pool: Yes
Lot Size Source: Assessor
Year Built: 1963
Cross Streets: Hwy 111 & Peterson Rd

Property Features

Owner Pays: Gardener; Pool Service; Water Sale Type: Standard Listing Terms: Cash; Cash to New Loan; Conventional Possession: Close Of Escrow Lot Description: Landscaped Lot Location: Corner Lot; Hillside View Type: City Lights; Desert; Mountain(s); Panoramic; Peek-A-Boo; Pool Other Structural Features: Premium Lot; Slab Irrigation: Sprinkler System Disclosures: Property As Is Community Features: Community Mailbox; Sidewalks Levels: Three Or More Entry Location: Ground Level w/Steps Unit Location: Ground Floor Exterior Construction: Stucco Foundation: Slab Flooring: Other Cooling Type: Zoned; Other Pool Location: Community Pool Accessories: Safety Gate Pool Construction: In Ground Pool Description: Community Heating: Zoned; Other Rooms: Other Laundry: Community Security Safety: Community Roofing: Composition; Flat Sewer: Septic Tank Parking: Assigned; Community Structure Road Surface Type: Paved Land Lease Type: Fee Simple

Listing Location and Property Info

APN: 689202024
Original List Price: 3150000
Property Sub-Type: Apartment
Street #: 39905
Street Name: Bird
Street Suffix: Lane
County: Riverside
State: CA
Zip Code: 92270
Area: 321 - Rancho Mirage
Country: US

Listing Info

Number of Buildings: 2
Water Heater: Yes
Laundry: Yes
Laundry Equipment: Own
Rent Control: No

Tax Info

Tax Mello Roos: No

Property Info

Additional Parcel: No
Senior Community: No
Gated Community: Yes
Type of Business: Apartments - Thunderbird Terrace Apartments
View: Yes

More Information

Status Change Info

Status Change Date: 2025-09-08

Counts

# Electric Meters: 15
# Gas Meter: 15
# Water Meters: 15

Parking SpacesInformation

Total Carport Spaces: Yes
Total Garage Spaces: Yes
Total Parking Spaces: 4

Unit Information

Number of Units Leased: 15

Listing, Location and Property Info

Entry Date: 2025-09-08
Land Type: Fee

Income & Expenses

Actual Total Rent $: 32200
Projected Rent $: 34800

Owner Pays

Gardener: Yes
Pool Service: Yes
Water: Yes

Community Features

Community Mailbox: Yes
Sidewalks: Yes

Sale Type

Standard: Yes

Road Surface Type

Paved: Yes

Listing Terms

Cash: Yes
Cash to New Loan: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes

Parking Spaces/Information

RV: None
Total Covered Spaces: 1
Total Uncovered/Assigned Spaces: 1

Lot Description

Landscaped: Yes

Lot Location

Corner Lot: Yes
Hillside: Yes

View Type

City Lights: Yes
Desert: Yes
Mountain(s): Yes
Panoramic: Yes
Peek-A-Boo: Yes
Pool: Yes

Other Structural Features

Premium Lot: Yes
Slab: Yes

Irrigation

Sprinkler System: Yes

Disclosures

Property As Is: Yes

Levels

Three Or More: Yes

Entry Location

Ground Level w/Steps: Yes

Unit Location

Ground Floor: Yes

Exterior Construction

Stucco: Yes

Foundation

Slab: Yes

Flooring

Other: Yes

Cooling Type

Zoned: Yes
Other: Yes

Pool Location

Community: Yes

Pool Accessories

Safety Gate: Yes

Pool Construction

In Ground: Yes

Pool Description

Community: Yes

Heating

Zoned: Yes
Other: Yes

Rooms

Other: Yes

Laundry

Community: Yes

Security Safety

Community: Yes

Roofing

Composition: Yes
Flat: Yes

Sewer

Septic Tank: Yes

Parking

Assigned: Yes
Community Structure: Yes

Land Lease Type

Fee Simple: Yes

Listing Office: OZA Realty Inc.

Listing Agent: Jose Espinoza

Last Updated: September - 08 - 2025

Information deemed reliable but not guaranteed.

760.799.7770