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$3,150,000
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Property 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.
Full Property Details
Full Property Details for 39905 Bird Ln
General
- Price: $3,150,000
- Status: Active
- Type: Apartment
- Source: Desert_Area_Palm_Springs
- MLS ID: 219135026
- Updated: 9/8/2025
- Added to Site: 131 day(s) ago
Interior
- Number of Fireplaces: 2
- Flooring: Other
Rooms
Other Rooms
- Laundry: Own
Additional Information
- Pool: Yes
- Pool Description: Community, Community, Community
- Security/Safety: Community
Parking
- Total Spaces: 4
Location
- Area: 321 - Rancho Mirage
- County: Riverside
- Subdivision: Thunderbird Terrace
- Cross Streets: Hwy 111 & Peterson Rd
Community
- Gated community: Yes
Heating & Cooling
- Cooling Type: Other, Zoned
- Heating Type: Other, Zoned
Utilities
- Sewer: Septic Tank
Structural Information
- Exterior Const.: Stucco
- Foundation: Slab
- Sub-Flooring: Other
- Entry Location: Ground Level (with Steps)
- Year Built: 1963
- Year Built Source: Appraiser
- Other Struct. Feat.: Slab, Premium Lot
Unit Information
- Unit Location: Ground Floor
Lot Features
- Property View: Yes
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Lot Features: Landscaped
- Lot Description: Landscaped
Financial Considerations
- Terms: Conventional, Cash to New Loan, Cash
- Owner Pays: Gardener, Water, Pool Service
Disclosures and Reports
- APN: 689202024
Listed by OZA Realty Inc., Jose Espinoza
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Schools
Schools serving 39905 Bird Ln
School District:Palm Springs Unified School District
| Name | Grades | Distance |
|---|---|---|
Rancho Mirage Elementary School 42-985 Indian Trail Rd., Rancho Mirage, CA 92270 | K-5 | 1.6 mi |
Nellie N. Coffman Middle School 34-603 Plumley Rd., Cathedral City, CA 92234 | 6-8 | 2.7 mi |
Rancho Mirage High 31001 Rattler Road, Rancho Mirage, CA 92270 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 39905 Bird Ln
Date
Details
Price
Change
Source
9/08/2025
Listed
$3,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 39905 Bird Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$38,837
-2%
$3,017,160
2%
2024
$39,458
114%
$2,958,000
136%
2023
$18,479
2%
$1,250,824
2%
2022
$18,202
2%
$1,226,299
2%
2021
$17,841
5%
$1,202,255
1%
2020
$16,994
2%
$1,189,929
2%
2019
$16,715
2%
$1,166,598
2%
2018
$16,421
1%
$1,143,724
2%
2017
$16,187
3%
$1,121,299
2%
2016
$15,744
3%
$1,099,314
2%
2015
$15,224
1%
$1,082,803
2%
2014
$15,112
-1%
$1,061,595
—
2013
$15,310
—
$1,056,799
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 39905 Bird Ln
39905 Bird Lane, Rancho Mirage, CA 92270 (MLS# 219135026) is a Apartment property with 0 bedrooms and 0 full bathrooms. 39905 Bird Lane is currently listed for $3,150,000 and was received on September 08, 2025. Want to learn more about 39905 Bird Lane? Do you have questions about finding other Apartment real estate for sale in Rancho Mirage? You can browse all Rancho Mirage real estate or contact a Coldwell Banker agent to request more information.

