$1,675,000
3,188
0.21 Acre Lot

1960 Santa Fe Avenue, Long Beach, California 90810

  • Residential Income Property Type
  • 3,188 Square Footage
  • 1945 Year Built
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.

Basic Details
Residential Income
For Sale
25562133
$1,675,000
3,188
1945
0.21 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Long Beach
90810
Santa Fe
1960
Avenue
From LAX, head south and make your way toward the 105 East. Merge onto the 710 South, exit near Willow or PCH, then head east until you reach Santa Fe Avenue. The property is just off a main intersection in a dense commercial area of Long Beach.
11 - Westside
LBCCA
Additional Information
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3188
: One
1
2025-07-08
1
Broker/Agent Information
Tony Azzi
Tony Azzi
Listing Information
CLW-X04828
CLW-X00860
Active
2025-07-17T22:25:03Z
CRMLS
: Standard
2025-07-08T00:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069