10
See all 10 photos
$1,595,000
Est. payment /mo
3,188 SqFt
Active
1960 Santa Fe Avenue Long Beach, CA 90810
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,188 sqft
Price per Sqft $500
MLS Listing ID CL25562133
HOA Y/N No
Year Built 1945
Lot Size 9,287 Sqft
Acres 0.21
Property Sub-Type OTHER
Property Description
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.
Location
State CA
County Los Angeles
Zoning LBCC
Interior
Fireplace No
Exterior
Total Parking Spaces 9
Building
New Construction No
Others
Tax ID 7431019019
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Tony Azzi • Tony Azzi
A FEW WORDS FROM PAST CLIENTS
GET MORE INFORMATION
Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
QUICK SEARCH - SEE ALL HOMES