$489,000
 $2,625 est/mo Sourced by Back At You

12985 Redbud Road,Desert Hot Springs, CA 92240

Desert Hot Springs, CA 92240

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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!

Details

MLS #219154427DA
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1990
Days On Site16
Listing Provided ByeXp Realty of California, Inc. | Errikka Paiz

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,208
Garage2
Story(s)2
Acreage0.26
Property ViewYes

Interior

CoolingCentral Air, Wall Window Units
HeatingCentral, Natural Gas
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesBreakfast Bar, Separate Formal Dining Room
Window FeaturesBlinds
AppliancesGas Water Heater
Fireplace Yes / NoYes

Exterior

Construction MaterialsStucco
Foundation DetailsSlab
Lot FeaturesCorner Lot
FencingStucco Wall

Parking

Attached Garage Yes / NoYes
Parking FeaturesDriveway, Garage, Garage Door Opener
Garage Yes / NoYes

Area Information

StateCA
CountyRiverside
CityDesert Hot Springs
Zip Code92240
Area340 Desert Hot Springs
Community NameNot Applicable 1
Listing VS Median (in Not Applicable 1)
Price:
$489,000
low | high
Med:
$396,388
68.938957055215% of Average
sqft:
2,208
low | high
Med:
1,034
100% of Average
$ / sqft:
$221
low | high
Med:
$414
37.041115155577% of Average
On site:
16
low | high
Med:
42
38.095238095238% of Average
Sourced by Back At You

Market Activity 92240

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Learn More About This Property

StateCA
CountyRiverside
CityDesert Hot Springs
Zip Code92240
Area340 Desert Hot Springs
Community NameNot Applicable 1
Listing VS Median (in Not Applicable 1)
Price:
$489,000
low | high
Med:
$396,388
68.938957055215% of Average
sqft:
2,208
low | high
Med:
1,034
100% of Average
$ / sqft:
$221
low | high
Med:
$414
37.041115155577% of Average
On site:
16
low | high
Med:
42
38.095238095238% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $366K - $611K
sqft: 1,500 - 2,500
Listing Updated: October 16, 2026 at 6:11:43 AM PDT