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Diego Magdaleno

1Vision Real Estate

diego@1visionproperties.com +1(714) 376-8652

$3,699,999

Est. payment - /mo

0.39 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Thunderbird Terrace

MLS Listing ID 219128550DA

HOA Y/N No

Year Built 1963

Lot Size 0.390 Acres

Property Description

Introducing Thunderbird Terrace Apartments - A Rare Investment Opportunity in Rancho Mirage. Nestled at the prestigious southwest corner of Thunder Road and Bird Lane, this property offers an exceptional living experience and a tremendous business opportunity rarely available to investors. Located in Rancho Mirage's prime A+ Location, Thunderbird Terrace Apartments boasts 15 spacious units ALL 2 BEDROOM/2BTH, each averaging 1,200sf, spread across two meticulously crafted 2-story buildings of frame and stucco construction. Featuring exterior apartment entrances over ground-level parking garages and an inviting center courtyard area enhancing community connectivity, this property offers residents a serene oasis in the heart of Rancho Mirage. Additional amenities include an on-site pool for relaxation, while the well-maintained surroundings provide the perfect backdrop for leisurely strolls. Garage parking is offered for most units, with some featuring their own single-car garage, ensuring convenience for residents. Constructed in 1967 and impeccably maintained since, Thunderbird Terrace Apartments exudes comfort and peace of mind. Situated in a tranquil, minimally developed residential enclave just south of Highway 111 in Rancho Mirage, this property represents the epitome of refined living and an unparalleled investment opportunity. Discover the potential of Thunderbird Terrace Apartments today. Seize this rare chance to own a piece of Rancho Mirage's premier real estate

Location

State CA

County Riverside

Area 321 - Rancho Mirage

Interior

Heating Zoned

Cooling Zoned

Fireplace No

Appliance Water Heater

Exterior

Parking Features Assigned, Community Structure

Garage Spaces 1.0

Carport Spaces 1

Garage Description 1.0

Pool Community, In Ground

Community Features Pool

View Y/N Yes

View City Lights, Desert, Mountain(s), Panoramic, Peek-A-Boo

Roof Type Composition,Flat

Total Parking Spaces 4

Private Pool Yes

Building

Lot Description Corner Lot, Landscaped, Paved

Story 2

Entry Level Two

Foundation Slab

Sewer Septic Tank

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 689202024

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Jose Espinoza • OZA Realty

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39905 Bird LN Rancho Mirage, CA 92270