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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
•17d 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 · 5 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✓

Listed in line with the median closed sale of $483,500. Closed comps sold at 101% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $489K· $221/sqft
Total list price
Closed comps
vs closed median $484K
+$6K (+1.1%)
Active comps
vs active median $459K
+$30K (+6.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $246
−$25 (−10.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
68256 Calle AztecaDesert Hot Springs2005422,1427,405$196$419,0002687
68425 PanoramaDesert Hot Springs2007532,5119,148$223$559,00012482
68265 Calle BonitaDesert Hot Springs2006421,8676,970$287$535,0009781
13829 Scenic Crest CircleDesert Hot Springs2025431,8769,583$245$459,0008979
13320 Calle AmapolaDesert Hot Springs1965421,5827,841$277$439,0005178
Total: 5 · Average4.22.41,995.68,189.4$245.6$482,20077.4
Median1,876$459,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
13697 Mountain Top DriveDesert Hot Springs200406/01/2026332,2159,583$429,000$439,000$1981.024787
13707 Calle AmapolaDesert Hot Springs200508/20/2026422,51113,068$445,000$450,000$1791.014485
13115 Acacia AvenueDesert Hot Springs198005/12/2026332,11420,473$529,000$529,000$2501.004783
13384 Mountain Top CourtDesert Hot Springs200406/12/2026421,94710,019$475,000$483,500$2481.027882
13868 Avenida La VistaDesert Hot Springs201703/17/2026322,05410,019$556,700$556,700$2711.0013975
Total: 5 · Average3.42.42,168.212,632.4$491,640$491,640$229.2—71
Median2,114$483,500$483,500

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.