Listing Courtesy of: CRMLS / Long Beach / Luen Song - Contact: write.luen@gmail.com
1339 E Wesley Drive Long Beach, CA 90806
Active (2 Days)
$1,250,000 (USD)
2,904
SQFT
Description
MLS #:
PW26069273
PW26069273
Lot Size
6,581 SQFT
6,581 SQFT
Type
Multifamily
Multifamily
Year Built
1922
1922
County
Los Angeles County
Los Angeles County
Community
Circle (Ca)
Circle (Ca)
Listed By
Luen Song, DRE #01733206 CA, Long Beach, Contact: write.luen@gmail.com
Source
CRMLS
Last checked Apr 5 2026 at 11:23 PM GMT+0000
CRMLS
Last checked Apr 5 2026 at 11:23 PM GMT+0000
Bathroom Details
Interior Features
- Laundry: Gas Dryer Hookup
- Laundry: Electric Dryer Hookup
Subdivision
- Circle (Ca)
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Stories
- 2
Additional Information: Long Beach | write.luen@gmail.com
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {4/5/26 16:23} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
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.