- $1.6M Price
- 3,188 Sqft
- .21 Acres
- 168 DOM
1960 Santa Fe Avenue
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.
Essential Information
- MLS® #25562133
- Price$1,595,000
- Bathrooms0.00
- Square Footage3,188
- Acres0.21
- Year Built1945
- TypeResidential Income
- StatusActive
Community Information
- Address1960 Santa Fe Avenue
- Area11 - Westside
- CityLong Beach
- CountyLos Angeles
- Zip Code90810
Amenities
- Parking Spaces9
Interior
- StoriesOne
Additional Information
- Date ListedJuly 8th, 2025
- Days on Market168
- ZoningLBCCA
Listing Details
- AgentTony Azzi
- OfficeTony Azzi
Price Change History for 1960 Santa Fe Avenue, Long Beach, (MLS® #25562133)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,675,000 to $1,595,000 | ||
| Status Changed from Active Under Contract to Active | – | |
| Status Changed from Active to Active Under Contract | – |
Tony Azzi, Tony Azzi.
Based on information from California Regional Multiple Listing Service, Inc. as of December 23rd, 2025 at 8:56am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.