The Azzi Group at Marcus & Millichap is pleased to present the exclusive offering of a 7-Eleven located at 1960 Santa Fe Avenue in Long Beach, California. This high-performing retail asset is secured by an absolute NNN lease with a franchisee guarantee, requiring no landlord responsibilities7-Eleven is fully responsible for taxes, insurance, and all maintenance. The property occupies a prominent signalized hard corner with excellent visibility and strong traffic exposure along Santa Fe Avenue. Located in a dense urban corridor, the site benefits from a proven operating history and is surrounded by national and regional tenants, residential housing, and local schools. With over 300,000 residents within a five-mile radius, the area drives steady foot traffic and supports long-term retail performance. This offering provides stable, long-term income with 5.5 years remaining on the base lease term and two five-year renewal options. Effective January 2026, the annual rent will increase to $106,800, further enhancing cash flow and yield. Combining passive income, strong demographics, and a prime Long Beach location, this investment offers secure returns and long-term upside in one of Southern California's most supply-constrained markets.
For sale
$1,675,000
1960 Santa Fe Ave, Long Beach, CA 90810
--beds
0baths
3,188sqft
Est.:
Multi Family
Built in 1945
-- sqft lot
$-- Zestimate®
$525/sqft
$-- HOA
What's special
Excellent visibilityProminent signalized hard cornerStrong traffic exposure
- 22 days
- on Zillow |
- 211 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 08:06am
Listed by:
Tony Azzi DRE # 00910513 310-666-2828,
Tony Azzi 310-909-5454
Source: CLAW,MLS#: 25562133

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 3,188
- Total interior livable area: 3,188 sqft
Property
Parking
- Total spaces: 9
- Parking features: Other
Features
- Levels: One
Lot
- Size: 6,682.1 Square Feet
- Features: Corner Lot, City Lot
Details
- Additional structures: None
- Zoning: LBCCA
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1945
Community & HOA
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $525/sqft
- Tax assessed value: $1,395,488
- Date on market: 7/17/2025
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