- – beds
- – baths
- – sqft
- 9,287 sqft lot
- 1945 build
- – on site
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.
Last checked:
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Last updated Jul 17, 2025
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MLS# 25562133 —
The Building
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Year Built:1945
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Year Built Source:Other
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New Construction:No
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Building Area Total:3188.00
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Total Number Of Units:1
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# of Buildings:1
Interior
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Levels:One
Location
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Directions: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.
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Latitude:33.79283900
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Longitude:-118.21513600
The Property
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Property Type:Residential Income
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Zoning:LBCCA
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Lot Size Area:9287.0000
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Lot Size Acres:0.2132
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Lot Size SqFt:9287.00
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Lot Size Source:Other
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7431019019
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking Spaces:9.00
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/17/25
Jul 17, 2025
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Listed / Active | CRMLS_CA | $1,675,000 |