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1339 E Wesley Drive, 
Long Beach, CA 90806

$1,250,000

—

Bed

—

Bath

2,904

Sq Ft

Multi-Family

Active

Listed by

Luen Song
Long Beach

562-494-4600

Last updated:

April 12, 2026, 10:34 AM

MLS#

PW26069273

Source:

CRMLS

Company Logo

About This Home

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.

Home Facts

Multi-Family

Built in 1922

Price Summary

1,250,000

$430 per Sq. Ft.

MLS #:

PW26069273

Last Updated:

April 12, 2026, 10:34 AM

Added:

a month ago

Rooms & Interior

Interior

Living Area:

2,904 Sq. Ft.

Structure

Structure

Building Area:

2,904 Sq. Ft.

Year Built:

1922

Lot

Lot Size (Sq. Ft):

6,581

Finances & Disclosures

Finances

Price:

$1,250,000

Price per Sq. Ft:

$430 per Sq. Ft.

1339 E Wesley Drive
office logo

Luen Song

CalRE#: 01733206
(323) 540-4550

(323) 540-4550

Contact
Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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Contact an Agent

Your message will be sent to a Coldwell Banker Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.