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.
For sale
Listing Provided by: OZA Realty Inc.
$3,150,000
39905 Bird Ln, Rancho Mirage, CA 92270
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
On-site poolCentral courtyard areaLandscaped common areasPrestigious southwest cornerSpacious two-bedroom two-bath unitsGarage parkingPrivate single-car garages
- 192 days |
- 151 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: September 08, 2025 at 11:54am
Listing Provided by:
Jose Espinoza DRE #01754045 760-272-1284,
OZA Realty Inc.
Source: CRMLS,MLS#: 219135026DA
Originating MLS: California Desert AOR & Palm Springs AOR
Tour with a local agent
Facts & features
Interior
Rooms
- Room types: Other
Heating
- Zoned
Cooling
- Zoned
Appliances
- Included: Water Heater
Features
- Has fireplace: No
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Community Structure
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
- Uncovered spaces: 1
Features
- Levels: Three Or More
- Stories: 3
- Has private pool: Yes
- Pool features: Community, In Ground
- Has view: Yes
- View description: City Lights, Desert, Mountain(s), Panoramic, Peek-A-Boo
Lot
- Size: 0.39 Acres
- Features: Corner Lot, Landscaped
Details
- Parcel number: 689202024
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Slab
- Roof: Composition,Flat
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Features: Pool
- Subdivision: Thunderbird Terrace
Location
- Region: Rancho Mirage
Financial & listing details
- Date on market: 9/8/2025
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 32200
Estimated market value
Not available
Estimated sales range
Not available
$3,384/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Price change | $3,150,000-14.9% |
Source: | ||
| 4/16/2025 | Price change | $3,699,999-1.3% |
Source: | ||
| 3/9/2025 | Price change | $3,750,000-2.6% |
Source: | ||
| 1/25/2025 | Pending sale | $3,850,000 |
Source: | ||
| 10/3/2024 | Price change | $3,850,000-6.1% |
Source: | ||
| 8/9/2024 | Listed for sale | $4,100,000-7.9% |
Source: | ||
| 8/7/2024 | Listing removed | $4,450,000 |
Source: | ||
| 6/3/2024 | Price change | $4,450,000-11% |
Source: | ||
| 5/17/2024 | Listed for sale | $4,999,900 |
Source: | ||
| 8/25/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/19/2022 | Price change | $1,775-1.4% |
Source: Zillow Rental Manager Report a problem | ||
| 8/6/2022 | Listed for rent | $1,800 |
Source: Zillow Rental Manager Report a problem | ||
| 6/17/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/6/2022 | Listed for rent | $1,800+12.5% |
Source: Zillow Rental Manager Report a problem | ||
| 9/24/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/21/2021 | Listed for rent | $1,600 |
Source: Zillow Rental Manager Report a problem | ||
| 8/5/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/3/2021 | Listed for rent | $1,600+6.7% |
Source: Zillow Rental Manager Report a problem | ||
| 3/5/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/15/2020 | Listing removed | $1,500 |
Source: Owner Report a problem | ||
| 7/10/2020 | Listed for rent | $1,500+13.2% |
Source: Owner Report a problem | ||
| 4/18/2020 | Listing removed | $1,325 |
Source: Owner Report a problem | ||
| 4/17/2020 | Price change | $1,325-1.9% |
Source: Owner Report a problem | ||
| 4/3/2020 | Listed for rent | $1,350+1.9% |
Source: Owner Report a problem | ||
| 12/5/2019 | Listing removed | $1,325 |
Source: Owner Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$18,999/mo
Principal & interest
$15928
Property taxes
$3071
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Climate risks
Neighborhood: 92270
Nearby schools
GreatSchools rating
- 3/10Rancho Mirage Elementary SchoolGrades: K-5Distance: 1.6 mi
- 4/10Nellie N. Coffman Middle SchoolGrades: 6-8Distance: 2.7 mi
- 6/10Rancho Mirage HighGrades: 9-12Distance: 4.4 mi
Local experts in 92270
- California
- Riverside County
- Rancho Mirage
- 92270
- 39905 Bird Ln






