1960 Santa Fe Avenue Long Beach, CA $ 1,595,000
1960 Santa Fe Avenue
$ 1,595,000
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1960 Santa Fe Avenue

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

Monthly Estimate*

$ 9,951

1960 Santa Fe Avenue, Long Beach, CA 90810 - Image 1
1960 Santa Fe Avenue, Long Beach, CA 90810 - Image 2
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1960 Santa Fe Avenue, Long Beach, CA 90810 - Image 4
1960 Santa Fe Avenue, Long Beach, CA 90810 - Image 5
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1960 Santa Fe Avenue, Long Beach, CA 90810 - Image 9
1960 Santa Fe Avenue, Long Beach, CA 90810 - Image 10
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 0.21.

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.

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Multi-Family Active

Price

$ 1,595,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.21

Year Built

1945

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

0025562133

Features
General
Living Area 3188.0
Zoning LBCCA
Year Built 1945
Levels One
County Los Angeles
Net Operating Income 94680.0
New Construction No
Property Type C
HOA No
Status Active
City Long Beach
Senior Community Y/N No
MLS Area 11 - Westside
Lot Size Units Square Feet
Lot Size Square Feet 9287.0
Standard Status Active
Year Built Source Other
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Exterior
Lot Size Area 9287.0
Pool Y/N? Yes
Building Area Total 3188.0
Lot Size Acres 0.21
Land Lease Type Fee
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Interior
Total Stories 0
Total Baths 0
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* Excluded Features
List By
Tony Azzi

Listing Agent

Tony Azzi

Broker

Affordability Calculator

$9,951
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,951
Monthly Property Taxes
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Monthly Home Insurance
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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.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2025$1,595,000 -4.78% Price Down
7/18/2025$1,675,000 Listed Price

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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 0.21. 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