1339 E Wesley Drive Long Beach, CA $ 1,250,000
1339 E Wesley Drive
$ 1,250,000
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1339 E Wesley Drive

Long Beach, CA, 90806
$ 1,250,000
Baths1.0 Sq 2,904

Monthly Estimate*

$ 7,696

Listed by Coldwell Banker Realty
1339 E Wesley Drive, Long Beach, CA 90806 - Image 1
1339 E Wesley Drive, Long Beach, CA 90806 - Image 2
1339 E Wesley Drive, Long Beach, CA 90806 - Image 3
1339 E Wesley Drive, Long Beach, CA 90806 - Image 4
Studio

Single Family Home for sale in Long Beach, CA

for $1,250,000 with 1 full bath. This 2,904 square foot home was built in 1922 on a lot size of 0.1511.

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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Single Family Active

Price

$ 1,250,000

Bedrooms

Studio

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.1511

Year Built

1922

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26069273

Days on Market

43

Features
General
Sewer PublicSewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1922
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype MixedUse
Gross Income 113952
Community Features Urban
County Los Angeles
Net Operating Income 109809.3
Operating Expense 4242.7
Insurance Expense 2456.7
New Construction false
Property Type ResidentialIncome
HOA false
Contingency buyer to verify all information
Subdivision Name Circle (CA)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Between Orange and Walnut Ave.
City Long Beach
Entry Location ground level
Senior Community Y/N false
Number Of Units Total 5
MLS Area 3 - Eastside Circle Area
Lot Size Units SquareFeet
Lot Size Square Feet 6581
Listing Terms Conventional
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 1686
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 12
Property Sub Type Additional MixedUse
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Interior
Total Stories 2
Common Walls NoCommonWalls
Laundry Features ElectricDryerHookup GasDryerHookup
Entry Level 1
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Exterior
Lot Features ZeroToOneUnitAcre
Water Source Public
Total Parking 0
Lot Size Area 6581
Number of Buildings 2
Building Area Total 2904
Lot Size Acres 0.1511
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Coldwell Banker Realty

Broker

write.luen@gmail.com

Email

Affordability Calculator

$7,696
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Monthly Principal & Interest
$7,696
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$1,250,000 Listed Price

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1339 E Wesley Drive, Long Beach, CA, 90806 is a Single Family Home for sale at $1,250,000 with 2,904 sqft and a lot size of 0.1511. 1339 E Wesley Drive is a studio with 1.0 baths and was built in 1922. The property's zip code is 90806 which is in Long Beach, CA