1005 E Harding Street, Long Beach, CA 90805
Local realty services provided by:ERA North Orange County Real Estate
1005 E Harding Street,Long Beach, CA 90805
$2,400,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: erik ransdell
Office: erik michael ransdell, broker
MLS#:PW26180082
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,400,000
About this home
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....
Contact an agent
Home facts
- Subdivision & Development:North Long Beach (NLB)
- Listing ID #:PW26180082
- Added:48 day(s) ago
- Updated:October 05, 2026 at 02:15 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$2,400,000
New listings near 1005 E Harding Street
- Coming Soon
$879,999Coming Soon4 beds 3 baths1,556 sq. ft.3500 Easy Avenue, Long Beach, CA 90810
MLS# PW26216197Listed by: COLDWELL BANKER ENVISION - Coming Soon
$415,900Coming Soon2 beds 2 baths719 sq. ft.3565 Linden #115, Long Beach, CA 90807
MLS# PW26212116Listed by: THE JACKSON REAL ESTATE GROUP - Coming Soon
$880,000Coming Soon3 beds 1 baths1,012 sq. ft.248 E 69th Way, Long Beach, CA 90805
MLS# 26996643Listed by: COMPASS - Coming Soon
$410,000Coming Soon2 beds 2 baths1,080 sq. ft.6249 E Emerald Cove #150, Long Beach, CA 90803
MLS# PW26214764Listed by: BEACH CITIES PROPERTIES, INC. - Coming Soon
$799,000Coming Soon5 beds 2 baths1,700 sq. ft.2069 Lewis, Long Beach, CA 90806
MLS# OC26211797Listed by: KASE REAL ESTATE - Coming SoonOpen Fri, 11am to 1pm
$875,000Coming Soon3 beds 1 baths1,529 sq. ft.6285 E Metz, Long Beach, CA 90808
MLS# OC26212360Listed by: FIRST TEAM REAL ESTATE - Coming Soon
$895,000Coming Soon2 beds 1 baths1,008 sq. ft.5849 E Huntdale Street, Long Beach, CA 90808
MLS# PW26208645Listed by: REALTY ONE GROUP UNITED - Coming Soon
$575,000Coming Soon3 beds 2 baths1,668 sq. ft.3595 Santa Fe #181, Long Beach, CA 90810
MLS# PW26214575Listed by: PACIFIC ESTATES - Coming Soon
$495,000Coming Soon1 beds 1 baths680 sq. ft.388 E Ocean Boulevard #511, Long Beach, CA 90802
MLS# PW26206559Listed by: WAVE REALTY - Coming Soon
$849,000Coming Soon3 beds 1 baths1,325 sq. ft.2359 Golden, Long Beach, CA 90806
MLS# RS26211595Listed by: CENTURY 21 ON TARGET