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$2,400,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 10 days ago
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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.

Full Property Details for 1005 E Harding St

General

  • Price: $2,400,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26180082
  • Updated: 8/17/2026
  • Days on Market: 11 days
  • Added to Site: 11 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 4

Location

  • Area: 7 - North Long Beach
  • County: Los Angeles
  • Development Name: 7 - North Long Beach
  • Driving Directions: Myrtle Ave & Harding St

Heating & Cooling

  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 10
  • # Electric Meters: 10

Structural Information

  • Entry Location: 2
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 7,876
  • Year Built: 1947

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Property View: Courtyard
  • Lot Size (Acres): 0.1932
  • Lot Size (Sq. Ft.): 8,415
  • Lot Size Source: Assessor
  • Lot Description: Corner Lot, 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $304.72
  • Price Per Unit: 240000

Listed by Erik Michael Ransdell, Broker, Erik Ransdell

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Listing agent

— 1005 E Harding St —

  • Erik Ransdell

    Erik Michael Ransdell, Broker

714-392-6380

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1005 E Harding St

School District:Long Beach Unified School District
NameGradesDistance
Grant Elementary School, Long Beach, CA
1225 East 64th Street, Long Beach, CA 90805
K-50.4 mi
Hamilton Middle School
1060 70th Street, Long Beach, CA 90805
6-81 mi
Jordan High School, Long Beach, CA
6500 Atlantic Avenue, Long Beach, CA 90805
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1005 E Harding St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/17/2026
Listed
$2,400,000
2.83%
MLS
3/15/2022
Sold
$2,334,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1005 E Harding St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$33,583
—
$2,525,853
2%
2025
$33,583
6%
$2,476,328
4%
2023
$31,565
126%
$2,380,170
134%
2022
$13,994
2%
$1,018,226
2%
2021
$13,663
—
$998,261
1%
2020
$13,625
1%
$988,026
2%
2019
$13,467
3%
$968,654
2%
2018
$13,056
1%
$949,662
2%
2017
$12,917
8%
$931,042
2%
2016
$11,991
4%
$912,787
2%
2015
$11,534
—
$899,077
2%
2014
$11,499
3%
$881,466
—
2013
$11,160
—
$877,483
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1005 E Harding St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Erik Michael Ransdell, Broker, Erik Ransdell

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1005 E Harding Street, Long Beach, CA 90805 (MLS# PW26180082) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 1005 E Harding Street is currently listed for $2,400,000 and was received on August 17, 2026. Want to learn more about 1005 E Harding Street? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

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