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1339 E Wesley Drive
Long Beach CA 90806 US

$1,250,000

Active Listing ID PW26069273
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9 bed
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5.00 Bath (5 Full)
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Lot: 6,581.00 Square Feet
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Other

$1,250,000

Active Listing ID PW26069273
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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.

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Property Features

  • Facts
  • Lot Size: 6,581.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • Exterior Finish: Community Features Included: Urban, 0-1 Unit/Acre

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 1339 E Wesley Drive
  • postalcity: Long Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90806
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.151078971533517
  • lotsizeunits: Square Feet
  • lotsizearea: 6581
  • livingarea: 2904
  • livingareaunits: Square Feet
  • listagentfullname: Luen Song
  • listagentemail: write.luen@gmail.com
  • listagentkey: 3yd-MRMLSCA-PSONGTRA
  • listagentmlsid: PSONGTRA
  • listagentpreferredphone: 5624944600
  • listagentofficephone: 5624944600
  • listofficekey: 3yd-MRMLSCA-PW0065
  • listagentstatelicense: 01733206
  • listofficemlsid: PW0065
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1922
  • listingcontractdate: 2026-04-03
  • listagenturl: http://www.cbcoastalalliance.com
  • countyorparish: Los Angeles
  • parcelnumber: 7210040013
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • exteriorfeatures: Community Features Included: Urban, 0-1 Unit/Acre
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker Coastal Alliance", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"write.luen@gmail.com", "ListBrokerageCity":"Long Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kris.conrad@coldwellbanker.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/176/202440/20120309161420807.png", "ListBrokerageName":"Coldwell Banker Coastal Alliance", "ListBrokeragePhone":"(562) 494-4600", "ListBrokeragePostalCode":"90804", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite #120", "ListBrokerageUnparsedAddress":"1650 Ximeno Ave", "ListBrokerageWebsiteUrl":"http://www.cbcoastalalliance.com", "ListOfficeAddress1":"1650 Ximeno Ave #120", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"ocpapiton", "ListOfficeCity":"Long Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"kris.conrad@cbrealty.com", "ListOfficePostalCode":"90804", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial/Residential - Long Beach, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1339-E-Wesley-Dr_Long-Beach_CA_90806_M22992-05128?f=listhub&s=MRMLSCA&m=PW26069273&c=rexren", "MLSModificationTimestamp":"2026-04-03T11:20:08Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Commercial/Residential", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/3/2026 9:07:23 PM GMT
Source Updated Date: 4/4/2026 6:53:29 PM GMT

Courtesy of: Luen Song, Coldwell Banker Realty, write.luen@gmail.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.