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$2,595,000
12 Days On Site

7372 Fay Ave
La Jolla, CA 92037

For Sale|Duplex|Active
4
Beds
2
Total Baths
2
Full Baths
1,854
SqFt
$1,400
/SqFt
1964
Built
Subdivision:
La Jolla
County:
San Diego
Listed by Roman Cedillo of AppleTree Real Estate Inc [email protected]
Call Now: 619.572.1144
Is this the listing for you? We can help make it yours.
619.572.1144
7372 Fay Ave7372 Fay Ave7372 Fay Ave7372 Fay Ave
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Monthly Payment (Est.)

$11,839
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Rare opportunity to acquire the proposed fractional ownership interest associated with an entire detached duplex in the heart of La Jolla Village. The offering consists of two beautifully renovated and professionally designed 2-bedroom, 1-bath residences with approximately 1,854 combined square feet living area, together with designated parking and outdoor areas. Lower residence: approx. 962 SF, 2BR/1BA. Upper residence: approx. 862 SF, 2BR/1BA with ocean views. Designated Lot size use of approx. 2,600 SF. Both residences are currently offered as fully furnished short-term and month-to-month rentals and are operated using the addresses 7372 and 7374 Bishops Lane for simplified tenant access and directions. Each residence features a private entrance, kitchen, laundry, high-end finishes and furnishings, providing exceptional flexibility for investment, extended family, personal use, or occupying one residence while renting the other. The proposed ownership structure conveys an undivided tenancy-in-common (TIC) interest in the underlying real property together with exclusive-use and occupancy rights to the entire detached rear duplex and designated associated areas. Property currently consists of one APN. Fractional TIC financing is available, subject to buyer qualification, lender underwriting, appraisal and applicable loan requirements. Just blocks from La Jolla’s beaches, restaurants, shopping and galleries. Final ownership percentage, exclusive-use boundaries and definitive TIC documentation to be established through the final legal and title process.

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Listing Snapshot
Price 
$2,595,000
Days On Site 
12 Days
Bedrooms 
4
Inside Area (SqFt) 
1,854 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1964
MLS® Number 
260020046SD
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Levels 
Multi/Split
Parking 
AssignedDrivewayOther
Parking Spaces 
6
Property Sub Type 
Duplex
Zoning 
R-2:MINOR
Interior Features
Appliances 
DishwasherDisposalMicrowaveRefrigeratorTankless Water Heater
Cooling 
Wall/Window Unit(s)
Flooring 
Tile
Heating 
Natural GasSee Remarks
Laundry Features 
Electric Dryer HookupGas Dryer Hookup
Spa 
Yes
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Exterior Features
Patio And Porch 
None
Pool Features 
None
Spa 
Yes
Spa Features 
None
View 
Ocean
Waterview 
Ocean
Community Features
Financing Terms Available 
CashConventional
MLS Area 
92037 - La Jolla


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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