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12985 Redbud Road, Desert Hot Springs, CA 92240

$489K4bd · 3ba · 2,208 sqft
Lot 11,326 sqft•Single Family Residence•
Active
•9d on market•MLS# 219154427

Property Description

INVESTMENT OPPORTUNITY WITH TWO HOMES ON ONE LOT! Located on a corner lot in Desert Hot Springs, this property offers an excellent opportunity for investors looking to add to their rental portfolio. The front home features 3 bedrooms plus a spacious bonus room with its own separate entrance, providing additional flexibility and usable space. The permitted rear home offers 1 bedroom and 1 bathroom, creating a separate living space with rental income potential. An extended driveway provides ample parking, while separate yard areas offer added privacy and outdoor space for each residence. One of the property's greatest advantages is its established rental history, with long-term tenants who have occupied the property for over 10 years and would love the opportunity to stay. Whether you're looking to expand your investment portfolio or explore the possibilities of a property with two residences, this is an opportunity worth considering. Two homes, established tenants, and investment potential, all on one corner lot!

Features & Amenities

Not ApplicableFeeBuilt 1990

Property Details

Subdivision
Not Applicable
Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
8
Garage Spaces
2
Heating
Central, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air, Wall/Window Unit(s)
View
Hills, Mountain(s)
Flooring
Tile
City
Desert Hot Springs
Zip Code
92240
County
Riverside
Listed byeXp Realty of California, Inc., Errikka R Paiz·760-898-6908

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,472.65
Principal & Interest
Loan Amount
$391,200
Total Interest
$498,954
Total Payment Over 30 Years
$890,154
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 0 closed

12985 Redbud Road, Desert Hot Springs, CA 92240

Not Applicable · Desert Hot Springs · Single Family Residence

$489K
Affordable Tier
Beds
4
Baths
3
Sqft
2,208
Lot
11,326 sqft
Year
1990
$/Sqft
$221
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Comparable sales support the current list price.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $489K· $221/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $479K
+$10K (+2.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $216
+$5 (+2.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
66977 San Bruno RoadDesert Hot Springs2007432,14912,196$209$450,00014391
66657 San RafaelDesert Hot Springs2006432,3188,712$207$479,95013689
64337 Doral DriveDesert Hot Springs1984332,2727,841$211$479,80026687
10564 AuroraDesert Hot Springs2006532,0679,148$232$479,00010886
8796 Matterhorn CourtDesert Hot Springs2004432,1079,148$223$470,00024985
Total: 5 · Average4.03.02,182.69,409$216.4$471,750180.4
Median2,149$479,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.