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For sale
  • $1,675,000

    1960 Santa Fe Ave, Long Beach, CA 90810

    --beds
    0baths
    3,188sqft
    : 
    Multi Family
    Built in 1945
    -- sqft lot
    $-- Zestimate®
    $525/sqft
    $-- HOA

    What's special

    Excellent visibilityProminent signalized hard cornerStrong traffic exposure
    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.
    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#: 25562133MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1960 Santa Fe Ave.

    Next available tour time:Today at 4pm

    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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