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    Rancho Mirage 55+ Community Home Title is generated by Realmo AI

    69850 Ca-111, Rancho Mirage, CA 92270

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    Claim this Listing
    For Sale
    $282,500

    MULTI_FAMILY - Other - Rancho Mirage, CA

    Property size:
    1,378 SF
    Lot size:
    12.23 Acres
    Price / SF:
    $205/SF
    Added:
    Mar 16, 2026
    Days on Market:
    86
    Last Refresh:
    Jun 9 at 10:06 pm

    Property Features for 69850 Ca-111

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
    Parking
    2
    Parking features
    Carport, Assigned, Guest, Covered
    Spa
    1
    Window features
    Blinds
    Pool private
    1
    Interior features
    Main Floor Bedroom, Open Floorplan, Storage
    Exterior features
    Tennis Court, Sport Court
    Fencing
    Privacy
    Appliances
    Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Microwave Oven, Refrigerator, Washer
    Standard status
    Active
    APN
    68904001723
    Size
    1,378 SF
    Lot size
    12.23 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas, Central
    Cooling system
    Central Air

    Building Details

    Year built
    1958
    Floors in Building
    1
    Flooring type
    Tile, Carpet
    Building materials
    Stucco
    Roof type
    Concrete
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Melissa C Lundgren
    Melissa C Lundgren

    Listing agent Melissa C Lundgren

    Listing office Berkshire Hathaway HomeServices California Properties 2905 E Tahquitz Canyon Way, Yorba Linda, CA

    Listing date Mar 16, 2026

    MLS# 219146159 Listing URL

    Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Desert Braemar gated 55+ cooperative: downstairs Unit 23 with approx. 1,378 SF, 2 bedrooms and 2 bathrooms
    • Front patio offers mountain views; plus a private back patio that extends outdoor living space
    • 2019 HVAC, central heating and central air; natural gas heating
    • Kitchen with Corian counters and stainless appliances; washer and dryer included
    • Private pool and spa (PoolPrivateYN: true; SpaYN: true)
    • Community amenities include pool/spa, gym, pickleball and tennis courts, putting green, lawn bowling, and a dog park; HOA covers property taxes, water, and Spectrum cable/internet

    Overview

    Located in Rancho Mirage, this property is part of Desert Braemar, a gated 55+ cooperative community with a Mid-Century vibe. The available unit, situated downstairs, features mountain views and offers approximately 1,378 square feet of living space, including 2 bedrooms and 2 bathrooms. The unit has an open floor plan and two patios, one at the front with mountain views and another expansive and private at the back. The home is offered furnished and includes a bright kitchen with Corian counters, stainless steel appliances, and a bar-top opening to the living area. A washer and dryer are included, along with a 2019 HVAC system. Built in 1958, the community is set on 12.25 acres of landscaped grounds. Community amenities include a pool and spa, gym, pickleball and tennis courts, putting green, lawn bowling, and a dog park. The Garden Room, equipped with a full kitchen and bar, serves as a central gathering space. The location is walkable to Willie's and The Palm Cafe, shops, cafes, eateries, and walking and hiking trails. HOA dues cover property taxes, water, and Spectrum cable and internet, as well as grounds, exteriors, and amenities.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $41.3k $30.00
    − Vacancy −$785 −$0.57
    EGI $40.6k $29.43
    − OpEx −$18.2k −$13.24
    NOI $22.3k $16.19
    1,378 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $318.6K
    $278.8K – $371.8K (±1% cap)
    NOI $22,305 @ 7.0% cap · market cap 7.90%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $412.8K
    $361.2K – $481.6K (±1% cap)
    NOI $28,898 @ 7.0% cap · market cap 10.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Senior Housing / Retirement ...

    Map

    City
    Rancho Mirage
    County
    Riverside
    State
    California
    Longitude
    -116.443241
    Latitude
    33.769466

    FAQs

    What type of property is this?
    Senior housing / Retirement Home - Spacious 2-bedroom unit in a gated Rancho Mirage community.
    Where is this senior housing / retirement home located?
    The property is located at 69850 Ca-111 Rancho Mirage, CA.
    What is the asking price?
    The asking price for this property is $282,500.
    What are key features of this property?
    This property features: Desert Braemar gated 55+ cooperative: downstairs Unit 23 with approx. 1,378 SF, 2 bedrooms and 2 bathrooms; Front patio offers mountain views; plus a private back patio that extends outdoor living space; 2019 HVAC, central heating and central air; natural gas heating
    More about this property
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