For sale Home

Listed Oct 16, 2026

$489,000 Est. $3,234/mo

12985 Redbud Road

  • 4

    Beds

  • 3

    Baths

  • 2,208

    Sq ft

The story

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!

Facts & features

Home type

Home

Year built

1990

Floors

2

Price per sq ft

$221

Parking

2-car garage

Included features

  • Fireplace

    Yes

  • Cooling

    Central Air, Wall Window Units

  • Heating

    Central, Natural Gas

  • Appliances

    Gas Water Heater

  • Flooring

    Tile

  • Lot Information

    Corner Lot

  • View

    Mountain

Mortgage calculator

Estimated monthly payment

$3,234 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,603
  • Property tax $489
  • Insurance $143

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

eXp Realty of California, Inc.

Broker Name

eXp Realty of California, Inc.

Agent

Errikka Paiz

Location

Palm Springs CA 92262