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$1,250,000
New Listing

1339 E Wesley Drive
Long Beach, CA 90806

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
2,904
SqFt
$430
/SqFt
1922
Built
Subdivision:
Circle (CA)
County:
Los Angeles
Listed by Luen Song of Coldwell Banker Realty [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (562) 754-5037
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(562) 754-5037
1339 E Wesley Drive1339 E Wesley Drive1339 E Wesley Drive
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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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Listing Snapshot
Price 
$1,250,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,904 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1511 Acres
Year Built 
1922
MLS® Number 
PW26069273
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
12 hours agoListing first seen on site
12 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1511
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2904
Water Source 
Public
Interior Features
Laundry Features 
Electric Dryer HookupGas Dryer Hookup
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Exterior Features
Pool Features 
None
Community Features
Building Access 
ground level
Financing Terms Available 
Conventional
MLS Area 
3 - Eastside, Circle Area


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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