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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Home / Long Beach / 1005 E Harding Street
1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 1005 E Harding Street Long Beach, CA 90805 View All Photos

$2,400,000

| Active

1005 E Harding Street

Long Beach, CA 90805

0.19
Acres
16
Days on Market
PW26180082
MLS#
Multi-Family
Type
House
Structure
Residential
Zone
Contact
Listing OfficeErik Michael Ransdell, Broker

Pleased to present 1005 East Harding Street, a well-maintained 10-unit apartment community in Long Beach's desirable North Long Beach submarket. The property features a strong unit mix of three 1-bedroom/1-bath units, six 2-bedroom/1-bath units, and one spacious 3-bedroom/1-bath unit with a fireplace, generating $20,741 per month in gross scheduled rent with additional income from four garages and on-site laundry. The property is fully all-electric with no gas. Current ownership has invested approximately $200,000 in capital improvements including updated kitchens, bathrooms, plumbing, laminate flooring in select units, and a completely new electrical system throughout the property — significantly reducing the capital expenditure burden for a new investor. SB 721 balcony inspections have been completed and approved with the City of Long Beach, eliminating a common compliance concern for buyers of properties built before 2000. The property delivers a 6.14% cap rate on current income with a clear path to a 7.03% proforma cap rate through maximum allowable rent increases under AB 1482. This is an investment opportunity for a buyer seeking stable cash flow with built-in upside through strategic management.

Property Details
Heating
Electric
View
Courtyard
Lot Features
Zero To One Unit Acre, Corner Lot
Stories
2
Lot Description
Zero To One Unit Acre, Corner Lot
Acres
0.193
Lot Size (sqft)
8415.0
Parking
1
Parking Spaces
4
Parking Type
Garage
Parking Garage Spaces
4.0
Property Type
Multi-Family
Property Subtype Additional
Apartment
Year Built
1947
Sewer Information
Public Sewer
Utility Source
Public
Subdivision
North Long Beach (NLB)
Community Features
Gutters, Street Lights, Suburban, Sidewalks
County
Los Angeles
Region
Long Beach
Original List Price
$2,400,000
Days on Market (Cumulative)
16
HOA Fees
0.0
MLS #
PW26180082
Property Subtype
Apartment
Parcel Number
7115023025
MLS #
PW26180082
Date Listed
July 31, 2026
Address
1005 E Harding Street
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Erik Ransdell (#PWRANSERI)
Listing Office: Erik Michael Ransdell, Broker (#PB21622)

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