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.
2,904 Sq Ft
6,581 Sq Ft Tamanho do lote
investimento
Construído em 1922
MLS/ID do anúncio PW26069273
2 Histórias
5 Unidades
Public Water
Public Sewer
Ligação do secador elétrico
Ligação do secador a gás
Community - Urban