No photo
1960 Santa Fe Avenue Long Beach, CA $ 1,595,000
1960 Santa Fe Avenue
$ 1,595,000
Share Save

1960 Santa Fe Avenue

Long Beach, CA, 90810
$ 1,595,000
Baths0.0 Sq 3,188

Monthly Estimate*

$ 9,951

Listed by Tony Azzi
View a Virtual Tour
Studio

Multi-Family Home for sale in Long Beach, CA

for $1,595,000. This 3,188 square foot home was built in 1945 on a lot size of 0.2132.

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.

See more

Multi-Family Active

Price

$ 1,595,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2132

Year Built

1945

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

25562133

Days on Market

171

Features
General
Living Area 3188
Zoning LBCCA
Year Built 1945
Stories Count 1
Levels One
Gross Income 94680
County Los Angeles
Net Operating Income 94680
New Construction 0
Property Type Residential Income
HOA 0
Full Baths 0
Special Listing Conditions Standard
Status Active
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.
City Long Beach
Senior Community Y/N 0
Number Of Units Total 1
MLS Area 11 - Westside
Lot Size Units Square Feet
Lot Size Square Feet 9287
Standard Status Active
Year Built Source Other
Cap Rate 5.94
See more
Interior
Total Stories 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 0
Total Baths 0
See more
Exterior
Total Parking 9
Lot Size Area 9287
Number of Buildings 1
Building Area Total 3188
Lot Size Acres 0.2132
Lot Size Source Other
See more
* Excluded Features
List By
Tony Azzi

Broker

tazzi@theazzigroup.com

Email

Affordability Calculator

$9,951
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,951
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,595,000 Listed Price

Map


See all

1960 Santa Fe Avenue, Long Beach, CA, 90810 is a Multi-Family Home for sale at $1,595,000 with 3,188 sqft and a lot size of 0.2132. 1960 Santa Fe Avenue is a studio with 0.0 baths and was built in 1945. The property's zip code is 90810 which is in Long Beach, CA