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!
For sale
Listed by: eXp Realty of California, Inc. • Errikka Paiz • 760-898-6908
$489,000
12985 Redbud Rd, Desert Hot Springs, CA 92240
4beds
2,208sqft
Single Family Residence
Built in 1990
0.26 Acres Lot
$482,600 Zestimate®
$221/sqft
$-- HOA
What's special
Corner lot
- 29 days
- 247
- 13
Zillow last checked:
Listing updated:
Listed by:
Errikka Paiz DRE #01913077 760-898-6908,
eXp Realty of California, Inc.,
Errikka Paiz Real Estate Group DRE #01913077 888-584-9427,
eXp Realty of California, Inc.
Source: CRMLS,MLS#: 219154427DA
Originating MLS: California Desert AOR & Palm Springs AOR
Originating MLS: California Desert AOR & Palm Springs AORFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bonus Room, Dining Room
Heating
- Central, Natural Gas
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: In Garage
Features
- Breakfast Bar, Separate/Formal Dining Room
- Flooring: Tile
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: Family Room, Wood Burning
Interior area
- Total interior livable area: 2,208 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway, Garage, Garage Door Opener
- Attached garage spaces: 2
- Uncovered spaces: 6
Features
- Patio & porch: Concrete
- Fencing: Stucco Wall
- Has view: Yes
- View description: Hills, Mountain(s)
Lot
- Size: 0.26 Acres
- Features: Corner Lot
Details
- Parcel number: 644093027
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1990
Community & HOA
Community
- Subdivision: Not Applicable-1
Location
- Region: Desert Hot Springs
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $175,039
- Date on market: 10/16/2026
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Estimated market value
$482,600
$458,000 - $507,000
$3,009/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listed for sale | $489,000+249.3%$221/sqft |
Source:  Greater Palm Springs Realtors #219154427 Report a problem | ||
| 3/22/2017 | Listing removed | $1,280$1/sqft |
Source: Ellis Property Solutions Report a problem | ||
| 3/14/2017 | Listed for rent | $1,280+43%$1/sqft |
Source: Ellis Property Solutions Report a problem | ||
| 12/4/2013 | Sold | $140,000+70.7%$63/sqft |
Source: Public Record Report a problem | ||
| 6/1/2011 | Listing removed | $895 |
Source: Desert Cities Realtors #41424997 Report a problem | ||
| 5/14/2011 | Price change | $895-3.2% |
Source: Desert Cities Realtors #41424997 Report a problem | ||
| 4/7/2011 | Listed for rent | $925 |
Source: Desert Cities Realtors #41424997 Report a problem | ||
| 1/22/2009 | Sold | $82,000-33.1%$37/sqft |
Source: Public Record Report a problem | ||
| 6/23/2008 | Sold | $122,500$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $175,039 +2% |
| 2025 | $2,731 -1% | $171,608 +2% |
| 2024 | $2,758 -0.4% | $168,244 +2% |
| 2023 | $2,769 +2.9% | $164,946 +2% |
| 2022 | $2,689 +4.5% | $161,712 +2% |
| 2021 | $2,573 +4.1% | $158,542 +1% |
| 2020 | $2,471 +2% | $156,918 +2% |
| 2019 | $2,421 +2.7% | $153,842 +2% |
| 2018 | $2,358 +0.5% | $150,826 +2% |
| 2017 | $2,345 | $147,870 +2% |
| 2016 | $2,345 +6.6% | $144,972 +1.5% |
| 2015 | $2,200 +1.3% | $142,796 +2% |
| 2014 | $2,172 | $140,000 +30.9% |
| 2013 | -- | $106,975 +2% |
| 2012 | -- | $104,878 +2% |
| 2011 | -- | $102,823 +0.8% |
| 2010 | -- | $102,057 +4.3% |
| 2009 | -- | $97,847 +2% |
| 2008 | -- | $95,929 +2% |
| 2007 | -- | $94,049 +2% |
| 2006 | -- | $92,206 +2% |
| 2005 | -- | $90,399 +3.9% |
| 2003 | -- | $87,005 +2% |
| 2002 | -- | $85,300 +2% |
| 2001 | $1,040 +2.5% | $83,629 +2% |
| 2000 | $1,014 | $81,991 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92240
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