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Listed by: Luen Song (916) 288-7292 DRE #01733206 | Coldwell Banker Realty (562) 494-4600
$1,250,000
9 Beds
- 5 Baths
--sqft
1339 E Wesley Dr, Long Beach, CA 90806
$1,250,000
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Mixed Use
Built in 1922
$-- HOA
6,581 sqft lot
--/sqft
Description
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-su...
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1922
HOA Fees
-
Finished Area
- sqft
Lot Size
6,581 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26069273
MLS Status
Pending
Days on Market
23
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