Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPW26069273
MLS Source
California Regional MLS
Days on Site
0
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1339 E Wesley Dr is a Residential Income in Long Beach, CA 90806. This – square foot property sits on a 6,581 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in 1922. This address can also be written as 1339 E Wesley Dr, Long Beach, CA 90806.
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This listing information is up-to-date as of April 03, 2026. For the most current information, please contact Luen Song
