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1339 E Wesley Drive, Long Beach, CA 90806

Long Beach
Local realty services provided by:CENTURY 21 Classic Estates
1339 E Wesley Drive,Long Beach, CA 90806
$1,220,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: luen song
Office: coldwell banker realty562-494-4600
MLS#:PW26069273
Source:CRMLS

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Price summary

  • Price:$1,220,000

About this home

Introducing 1339 E Wesley Drive, a high-performing 5-unit multifamily asset in Eastside Long Beach featuring a front 1BD/1BA home and a rear 4-unit building with (4) 2BD/1BA units.
 
 The property is primarily occupied with Section 8 tenants, providing guaranteed, on-time income and consistent cash flow. In 2025, the property generated approximately $114,000 in gross annual rents, representing an attractive ~9.1% gross yield at the asking price.
 
 The property offers on-site parking, a rare and highly desirable amenity in a parking impacted area.
 
 All units are separately metered for gas and electricity, include individual water heaters, and the layout is well-suited for RUBS or utility bill-backs, offering additional expense reduction potential.
 
 A compelling cash-flow investment with built-in upside in a high-demand rental market.

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Home facts

  • Year built:1922
  • Listing ID #:PW26069273
  • Added:59 day(s) ago
  • Updated:June 01, 2026 at 11:27 PM

Structure and exterior

  • Year built:1922
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,220,000
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