1339 E Wesley Drive, Long Beach 90806

$1,220,000

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9

Beds

5

Baths

6,581

Lot Size

5

# Of Units

About 1339 E Wesley Drive

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.

Features of 1339 E Wesley Drive

MLS® # PW26069273
Price $1,250,000
Sold Price $1,220,000
Bedrooms 9
Bathrooms 5.00
Lot Sqft 6,581
Acres 0.15
Year Built 1922
Type Residential Income
Sub-Type Mixed Use
Status Closed
# Of Units 5

Community Information

Address 1339 E Wesley Drive
Area 3 - Eastside, Circle Area
Subdivision Circle (CA)
City Long Beach
County Los Angeles
Zip Code 90806

Amenities

Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 2
Stories Two

Exterior

Lot Description ZeroToOneUnitAcre

Additional Information

Date Listed March 12th, 2026
Date Sold June 1st, 2026
Days on Market 19
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentLuen Song
OfficeColdwell Banker Realty

Listing Map

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