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!
Single-familyProperty Type
1990Year Built
0.26 acresLot Size
$221Price/Sq.Ft.
2 garage spacesParking
Listed by Errikka Paiz•DRE #01913077• eXp Realty of California, Inc.
•760-898-6908 (agent)
•errikka@errikkapaiz.com (agent)
Listed by Errikka Paiz Real Estate Group•DRE #01913077• eXp Realty of California, Inc.
Desert Hot Springs Highlands, located between Palm Drive and the Little San Bernardino Mountains, is a hillside and desert Desert Hot Springs neighborhood with wide-sky views and a quiet, open-street feel. The character concentrates around Palm Drive near Hacienda Avenue, where low-key storefronts, date-shake stops, and spa signage set a sun-warmed, small-town strip mood. Mid-century ranch homes and stucco desert moderns sit on larger lots, with palms, gravel gardens, and mountain backdrops shaping the streetscape. The area’s identity ties to mineral-water culture, with Two Bunch Palms, The Spring Resort & Spa, and Cabot’s Pueblo Museum serving as local pillars. Desert Highland Park adds a simple green break for walks and pickup games. Evenings read calm, with dark skies and distant city glow.
Provided by Walk Score and Local Logic
Market insights
12985 Redbud Rd · $489,000
DAYS ON MARKET
1 days
The average home goes pending in 54 days.
SALE-TO-LIST
99.0%
Most homes are selling 1% below list price.
LIST PRICE
$489,000
Median sale price in this area is $625,706. (28% higher than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Bonus room
Fireplace in the family room
Bathrooms
3 full bathrooms
Kitchen
Breakfast counter/bar
Dining area
Gas appliances
Laundry & utility
Laundry in the garage
Flooring
Tile flooring
Heating & cooling
Central heating
Natural gas heating
Air conditioning
Central air
Wall/window units
Ceiling fans
Exterior features
Concrete slab patio
Stucco wall fencing
Corner lot
Hill and mountain views
Home design
Two stories
East-facing front door
Parking
Attached garage with 2 spaces
Driveway parking
Garage door opener
8 total parking spaces
Construction
Stucco exterior
Slab foundation
Utilities
Water district service
Connected sewer
HOA & community
No monthly HOA fees
Not in a gated community
Other
Short-term rentals permitted
Electricity and solar
View estimated energy costs and solar savings for this home
The district is intended to promote the development of low-density, single-family residential uses at a maximum density of 6 dwelling units per acre. Clustered development can occur and is encouraged where needed to respect on-site natural resource areas.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Other
Housing-Mobile home park
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 107° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Desert Hot Springs, CA • 92240
Average low and high temperatures (°F)
68
53
75
59
81
62
80
62
88
68
98
76
103
82
103
82
93
76
89
71
75
59
74
57
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Desert Hot Springs. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 12985 Redbud Rd
$487,300
$1,700 under list price of $489K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $439K to $508K.