7376 Fay Ave, La Jolla, California 92037, La Jolla, 92037 - 8 bed, 5 bath
7376 Fay Ave
La Jolla, California 92037
Property Price
SUMMARY
Analysis of 7376 Fay Ave, La Jolla, California 92037 is currently available with a list price of $6,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the La Jolla Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property has undergone an extensive, high-end modern renovation within the last five years, effectively transforming the 1988 structure into a contemporary smart home. The interior features premium finishes including custom flat-panel wood cabinetry, integrated high-end kitchen appliances, designer LED lighting, and large-format stone flooring. Luxury upgrades such as heated bathroom floors, a 1,600 sq ft rooftop deck, and integrated smart home systems meet the highest current quality standards with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: La Jolla Elementary School (9/10).
- Significant Income Potential
The unique triplex compound configuration, featuring a fully furnished and 'Vacation Rental Ready' duplex, provides an immediate and substantial revenue stream for investors.
- Prime La Jolla Village Location
Boasting a high walkability score, the property is situated in the heart of the Village, offering easy access to world-class dining, luxury shopping, and top-rated schools.
CONSRISKS & DEFICIENCIES
- High Lot Density
With three units and over 4,600 sq ft of living space on a 7,368 sq ft lot, the property may feel crowded and lacks the traditional private yard space found in single-family estates.
- Investment Entry Point
The nearly $7 million price tag represents a significant capital outlay, requiring aggressive rental management to achieve a competitive cap rate for pure investors.
- Original Structural Age
While the interior and technology are recently updated, the original 1988 construction may eventually require maintenance on core infrastructure not addressed in the cosmetic remodel.
About 7376 Fay Ave
Enjoy the La Jolla Village lifestyle in this fabulously recently remodeled 4,637 sq ft unique Triplex compound: starting with your very own detached Smart Home of 4 bedrooms, 3 bathrooms, and 2,783 sq ft of living space; a separately detached Duplex of 1,854 sq ft in the rear fenced of the property with its very own front access through Bishops Lane. Each Unit of the two story Duplex has 2 bedrooms and 1 bathroom. Each have their own address and separate fenced off entrances with 3 assigned parking spaces and EV charger stations; a total of 6 parking spaces on Bishops Lane. The bottom Unit has 962 sq ft and the top unit with Ocean Views has 862 sq ft. Both Units come Fully Furnished down to curtains, TVs, pots, pans, towels and utensils to be Vacation Rental Ready on day one of ownership to start generating great income! The Front House has a 1,600 sq ft entertaining rooftop with Ocean Views, fireplace, and BBQ. The home has also been recently remodeled with Smart and high end features like hidden blackout shades in bedrooms, LED lighting, Speakers, Spring Water Faucets around home, heated bathroom floors, screens, camera surveillance and much more! Enjoy the La Jolla Village lifestyle in this fabulously recently remodeled 4,637 sq ft unique Triplex compound: starting with your very own detached Smart Home of 4 bedrooms, 3 bathrooms, and 2,783 sq ft of living space; a separately detached Duplex of 1,854 sq ft in the rear fenced of the property with its very own front access through Bishops Lane. Each Unit of the two story Duplex has 2 bedrooms and 1 bathroom. Each have their own address and separate fenced off entrances with 3 assigned parking spaces and EV charger stations; a total of 6 parking spaces on Bishops Lane. The bottom Unit has 962 sq ft and the top unit with Ocean Views has 862 sq ft. Both Units come Fully Furnished down to curtains, TVs, pots, pans, towels and utensils to be Vacation Rental Ready on day one of ownership to start generating great income! The Front House has a 1,600 sq ft entertaining rooftop with Ocean Views, fireplace, and BBQ. The home has also been recently remodeled with Smart and high end features like hidden blackout shades in bedrooms, LED lighting, Speakers, Spring Water Faucets around home, heated bathroom floors, screens, camera surveillance and much more!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 7,368 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
La Jolla Unified Schools
La Jolla Elementary School
Grades K-5 • 0.2 mi
Muirlands Middle School
Grades 6-8 • 0.5 mi
La Jolla High School
Grades 9-12 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 4.0 | 98% |
| Baths | 5.0 | 3.0 | 76% |
| Square foot | 4,637 | 2,691 | 89% |
| Lot Size | 7,368 | 8,000 | 46% |
| Price | $7.00M | $3.57M | 86% |
| Price per sq ft | $1.5K | $1.3K | 65% |
| Built year | 1988 | 1977 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 156 | 8% |
Pricing History
Listed for Sale
Feb 12, 2026
$6,995,000
Initial Listing
Sold
Feb 22, 2024
$3,185,000
Public Record