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.
AGENT: Luen Song LISTING BROKERAGE: Coldwell Banker RealtyThe 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.
Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1339 E Wesley DR
Long Beach, CA
Property Details
Price:
$1,250,000
MLS #:
PW26069273
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Subdivision:
Circle CA
Neighborhood:
3eastsidecirclearea
Listed Date:
Apr 3, 2026
Total Sq Ft:
2,904
Lot Size:
6,581 sqft / 0.15 acres (approx)
Year Built:
1922
See this Listing
Schools
Interior
Laundry Features
GE
Levels
U
Exterior
Common Walls
NCW
Community Features
URB
Financial
Map
Community
- Address1339 E Wesley DR Long Beach CA
- SubdivisionCircle (CA)
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
