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CA > Long Beach
Long Beach, CA 90810,1960 Santa Fe AVE
Long Beach, CA 90810,1960 Santa Fe AVE
Long Beach, CA 90810,1960 Santa Fe AVE
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Rich King

Rich King

+1(858) 405-2722
$1,675,000
Est. payment /mo
3,188 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,188 sqft

Price per Sqft $525

MLS Listing ID 25562133

HOA Y/N No

Year Built 1945

Lot Size 9,286 Sqft

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

Area 11 - Westside

Zoning LBCCA

Interior

Fireplace No

Exterior

Total Parking Spaces 9

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7431019019

Special Listing Condition Standard

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CRMLS – RECore
Listed by Tony Azzi Tony Azzi

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agent

Rich King

+1(858) 405-2722

Broker Associate | License ID: 01520399

Broker Associate License ID: 01520399

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