Contact Xavier Gomez
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1339 Wesley Drive, Long Beach, CA 90806
Priced at Only: $1,250,000
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Address: 1339 Wesley Drive, Long Beach, CA 90806
Property Location and Similar Properties
- MLS#: PW26069273 ( Commercial/Residential )
- Street Address: 1339 Wesley Drive
- Viewed: 2
- Price: $1,250,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1922
- Bldg sqft: 0
- Days On Market: 30
- Additional Information
- County: LOS ANGELES
- City: Long Beach
- Zipcode: 90806
- Subdivision: Circle (ca)
- Provided by: Coldwell Banker Realty
- Contact: Luen Luen

- DMCA Notice
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DescriptionIntroducing 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.
Features
Association Fee
- 0.00
Building Area Total
- 2904.00
Commoninterest
- None
Common Walls
- No Common Walls
Country
- US
Entry Location
- ground level
Garage Spaces
- 0.00
Insurance Expense
- 2456.70
Laundry Features
- Gas & Electric Dryer Hookup
Levels
- Two
Lockboxtype
- None
Lot Features
- 0-1 Unit/Acre
Netoperatingincome
- 109809.30
Parcel Number
- 7210040013
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Commercial/Residential
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 459697797:CRM
Subdivision Name Other
- Circle (CA)
Tenant Pays
- Gas
- Electricity
Totalexpenses
- 4142.70
Trash Expense
- 0.00
Water Sewer Expense
- 1686.00
Water Source
- Public
Year Built
- 1922
Year Built Source
- Public Records
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com





