OFF MARKET
1241 E Wesley Dr
Long Beach, CA 90806
Poly High District
6 Beds
5 Baths
2,576 sqft
- 6 Beds
- 5 Baths
- 2,576 sqft
6 Beds
5 Baths
2,576 sqft
Homes for Sale Near 1241 E Wesley Dr
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Royce Jefferson DRE # 02102509, Wiggs & Associates
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Local Information
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Description
This property is not currently for sale or for rent on Trulia. The description and property data below may have been provided by a third party, the homeowner or public records.
Five unit investment property located within an Opportunity Zone of Long Beach. Listed for a modest $160,000 per unit, this late 1920's construction property consists of six bedrooms and five bathrooms. Every unit stands independent, with no common walls. Four buildings provide one bedroom and one bathroom each. The fifth building, located at the rear of the property, contains two bedrooms and one bathroom. Units are separately metered for gas and electricity. Renovations have included over half of the windows being replaced with double-pane windows and roofs are five years new. Rear alleyway access provides the opportunity to create a minimum of 5 personal parking spaces for tenants. With additional renovations, and the substantial rental upside potential, investors could net an 8.20% cap rate at market rents. *SOLD AS-IS* **DO NOT DISTURB TENANTS**
Home Highlights
Parking
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A/C
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Home Details for 1241 E Wesley Dr
Interior Features |
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Levels, Entrance, & Accessibility Stories: 1 |
Property Information |
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Year Built Year Built: 1929 |
Property Type / Style Property Type: Multi FamilyArchitecture: Bungalow |
Exterior Features |
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Parking & Garage Parking Spaces: 5 |
Community |
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Units in Building: 5 |
Lot Information |
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Lot Area: 6534 sqft |
Price History for 1241 E Wesley Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 08/31/2021 | $860,000 | Sold | CLAW #21763586 |
| 08/09/2021 | $800,000 | Pending | CRMLS #21763586 |
| 07/21/2021 | $800,000 | Listed For Sale | CRMLS #21763586 |
Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $11,859 |
| Assessment | $877,200 |
Home facts updated by county records
Comparable Sales for 1241 E Wesley Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Multi-Family Home | $959,000 | 11/21/23 | 6 | 3 | 2,341 | |
0.12 | Multi-Family Home | $1,020,000 | 03/01/24 | 4 | 4 | 2,954 | |
0.73 | Multi-Family Home | $875,000 | 04/05/24 | 6 | 5 | 2,394 | |
0.72 | Multi-Family Home | $840,000 | 07/27/23 | 6 | 4 | 2,352 | |
0.58 | Multi-Family Home | $1,235,000 | 11/07/23 | 9 | 6 | 3,270 | |
0.61 | Multi-Family Home | $750,000 | 05/08/23 | 5 | 3 | 1,832 | |
0.46 | Multi-Family Home | $700,000 | 03/18/24 | 4 | 2 | 2,146 | |
0.81 | Multi-Family Home | $800,000 | 05/03/23 | 6 | 4 | 1,950 | |
0.56 | Multi-Family Home | $800,000 | 11/22/23 | 4 | 3 | 1,672 | |
0.49 | Multi-Family Home | $635,000 | 11/07/23 | 4 | 2 | 2,050 |
Assigned Schools
These are the assigned schools for 1241 E Wesley Dr.
- Jessie Nelson Academy
- 6-8
- Public
- 821 Students
4/10GreatSchools RatingParent Rating AverageN/AStudent Review14y ago - Polytechnic High School
- 9-12
- Public
- 4002 Students
6/10GreatSchools RatingParent Rating AverageLong Beach School District: REMOVE THE MASK MANDATE NOW! You went from promising these kids "two weeks to slow the spread" to nearly TWO YEARS of these mandates. It is time to give our students back their FREEDOM!Parent Review2y ago - Alvarado Elementary School
- K-5
- Public
- 369 Students
8/10GreatSchools RatingParent Rating AverageI held Alvarado at a high standard. Unfortunately that is not the case any longer. We have a daughter with a learning disabilities. This is her final year and sadly the process in her transition to middle school was handled VERY POORLY. There was NO COMMUNICATION in regards to a major change that will SEVERELY IMPACT our daughter. With no one taking responsibility for "the ball being dropped". ABSOLUTELY disappointed in ALVARADO.Parent Review4y ago 
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Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Poly High District
- Jose Llamas
- Prev. Resident
- 3mo ago
"People might like that it is dog friendly but i don’t always feel the safest walking around with my dog especially at night. "
- Trulia User
- Prev. Resident
- 1y ago
"very good commute quiet schools shopping centers Banks a lot of activity parks around that area very safe a lot of entertainment downtown area very well controlled feel very safe"
- Trulia User
- Resident
- 2y ago
"I like that the neighborhood that I live in take care of each other when some is out of town. Having a neighborhood security ground is good "
- Trulia User
- Resident
- 2y ago
"good city and county helpful people and community clean and green. easy to maintain the facilitieds in the park"
- Lbliving1562
- Resident
- 4y ago
"Nothin special happens here people just mind there own and go to work and live life one day at a time. Everyone is nice people say hi but other then that nobody bothers nobody "
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Homes for Rent Near 1241 E Wesley Dr
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Off Market Homes Near 1241 E Wesley Dr
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- SOLDAPR 19, 2024T.N.G. Real Estate Consultants
- SOLDAPR 18, 2024Lissa Lebel DRE # 02032063, Sotheby's International Realty
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1241 E Wesley Dr, Long Beach, CA 90806 is a 6 bedroom, 5 bathroom, 2,576 sqft multi-family built in 1929. 1241 E Wesley Dr is located in Poly High District, Long Beach. This property is not currently available for sale. 1241 E Wesley Dr was last sold on Aug 31, 2021 for $860,000. The current Trulia Estimate for 1241 E Wesley Dr is $1,081,900.