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Residential Income for sale : 8 bedrooms : 7372-7376 Fay Ave in La Jolla

7372-7376 Fay Ave La Jolla

Main Photo: Residential Income for sale : 8 bedrooms : 7372-7376 Fay Ave in La Jollabanner
$6,795,000
Prop. Type:
Residential Income
MLS® Num:
260025796
Status:
Active
Bedrooms:
8
Bathrooms:
5
Year Built:
1988
Three residences, ocean views and a La Jolla Village setting come together in this distinctive compound. Designed by award-winning architect Stephen Borow, the detached front house offers 4 bedrooms, 3 bathrooms and approximately 2,783 SF. A separate rear duplex adds two 2-bedroom, 1-bathroom residences and approximately 1,854 SF, for a combined 8 bedrooms, 5 bathrooms and approximately 4,637 SF. The main home's approximately 1,600 SF rooftop deck features ocean views, a fireplace, BBQ area and space to dine, lounge and entertain. Renovated interiors include concealed bedroom blackout shades, LED lighting, integrated speakers, heated bathroom floors and smart-home features. Each rear residence has its own entrance, kitchen and laundry; the upper residence enjoys ocean views. Access from Fay Avenue and Bishops Lane, six off-street parking spaces along Bishops Lane and EV charging add convenience. All three residences are currently set up for short-term rental use, subject to applicable requirements. All furniture and electronics are available for purchase with the property, subject to agreement. Preliminary lot-split planning has begun, providing a starting point for a new owner to continue the process and explore potential future value, subject to City approval. Enjoy proximity to beaches, restaurants, boutiques and galleries, with flexibility for a primary residence, extended family, guests, private offices or rental use.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
Coastal South
Neighborhood Code:
La Jolla Village
Name of Complex/Subdivision:
LA JOLLA
Building Name:
NA
Total Building Area:
Switch units of measure4,637 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
8
Bathrooms:
5
Full Bathrooms:
5
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
1988
Age (in years):
Switch units of measure38 year(s)
Short Sale:
false
Home Owner Fees:
$0
Home Owner Fees Include:
N/K
Home Owner Fees Frequency:
N/K
Mello Roos Fee:
$0
Mello Roos Fee Frequency:
None Known
Other Fees:
$0
Other Fee Type:
N/K
Monthly Total Fees:
$0
Terms:
Cal Vet, Cash, Conventional, FHA
Cap Rate.:
0.0
Gross scheduled income:
0.0
Other income actual:
0
Operating expense:
0.0
Gross Rent Multiplier:
0.0
Number of Units:
3
Number of Units with Cooling:
1
Tenant pays:
N/K
Unit Number for Unit 1:
7376
Unit Number for Unit 2:
7374
Unit Number for Unit 3:
7372
Projected Rent for Unit 1:
$21,100
Projected Rent for Unit 2:
$10,600
Projected Rent for Unit 3:
$10,600
7376 Accessed through Fay Ave. Duplex 7372 and 7374 can also be accessed through Bishop's lane.
Elementary School District:
San Diego Unified School Distric
Junior High School District:
San Diego Unified School Distric
High School District:
San Diego Unified School Distric
Site Influences:
Alley Access, Public Street, Rear Yd Str Access, Sidewalks, Street Paved, West of I-5
View:
City, Mountains/Hills, Ocean
Complex Features:
BBQ
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Miscellaneous:
N/K
Exposure Front:
Other/Remarks
Construction Material:
Stone, Stucco
Lot Size:
Switch units of measure7,405 sq. ft.
Lot Details:
50 x 147
Parcel Number:
351-061-25-00
Heating:
Fireplace, Forced Air Unit, Wall/Gravity
Heating fuel:
Electric, Natural Gas
Cooling:
Central Forced Air, Other/Remarks
Utilities:
Sewer Connected
Pool Features:
N/K
Spa Features:
N/K
Roof:
Other/Remarks
Security:
Other/Remarks
Telecommunications:
Audio, Cable (coaxial), Computer (cat5), Intercom, Security, Wired High Speed Internet
Water supply:
Available, Meter on Property
Irrigation:
Automatic, Drip
Assessments:
N/K
Pets Allowed:
Yes
Zoning:
R-2:MINOR
Fencing:
Full
Jurisdiction:
Incorporated
Possession Details:
Close of Escrow
Listed by AppleTree Real Estate, Inc
Data was last updated October 28, 2026 at 09:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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