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1339 E Wesley Dr Long Beach, CA 90806

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For Sale
$1,250,000

High-performing 5-unit multifamily asset in Eastside Long Beach.

Type:Investment
Added:
Apr 15, 2026
Days on Market:
6
Last Refresh:
Apr 4 at 6:49 am

Property Features for 1339 E Wesley Dr

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1922

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Listing Contact
Luen Song

Listing agent Luen Song License #01733206

Listing office Coldwell Banker Coastal Alliance

Listing date Apr 15, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Coastal Alliance


Overview

Long Beach Multifamily Investment Opportunity

Located in Eastside Long Beach, 1339 E Wesley Drive is a 5-unit multifamily property featuring a front 1-bedroom, 1-bathroom home and a rear building with four 2-bedroom, 1-bathroom units. The property is primarily occupied by Section 8 tenants, providing consistent cash flow. In 2025, the property generated approximately $114,000 in gross annual rents, representing an approximate 9.1% gross yield. On-site parking is available. All units are separately metered for gas and electricity and include individual water heaters. The layout is well-suited for RUBS or utility bill-backs. The location has a transit score of 64, indicating good transit options, a walk score of 61, indicating it is somewhat walkable, and a bike score of 30, indicating it is somewhat bikeable.
Location Intelligence

Current Use by Public Records

R P Pigott ... Construction Company

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Long Beach
County
Los Angeles
State
California
Longitude
-118.1743718
Latitude
33.7950786

FAQs

What type of property is this?
Apartment building - High-performing 5-unit multifamily asset in Eastside Long Beach.
Where is this apartment building located?
The property is located at 1339 E Wesley Dr Long Beach, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: High‑performing 5‑unit multifamily asset in Eastside Long Beach.; Guaranteed, on‑time income and consistent cash flow from primarily Section 8 tenants.; Attractive ~9.1% gross yield based on $114,000 gross annual rents in 2025.
More about this property
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