7376 Fay Ave, La Jolla, California 92037, La Jolla, 92037 - 8 bed, 5 bath
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La Jolla, California 92037
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.
Property is new construction or fully renovated.
This property is an extensively and recently renovated triplex compound that presents as a brand-new luxury home. The interior features high-end modern aesthetics, including a gourmet kitchen with custom flat-panel cabinetry, integrated appliances, and a large walk-in pantry. The home is equipped with advanced smart technology, such as automated shades, heated bathroom floors, and EV charging stations. With floor-to-ceiling glass, designer lighting, and a massive 1,600 sq ft rooftop entertaining space, all components meet the highest current quality standards with no signs of wear or deferred maintenance.
Elementary School: La Jolla Elementary School (9/10).
This unique triplex compound features two fully furnished, 'vacation rental ready' units with separate access, providing an immediate and significant revenue stream for investors or owner-occupants.
The property is equipped with sophisticated modern upgrades, including automated blackout shades, heated bathroom floors, comprehensive camera surveillance, and multiple EV charging stations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4637, other record living area = 3242. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 5.
Due to the high-density triplex configuration on a 7,368 sq ft lot, the property lacks a traditional private backyard, which may deter buyers seeking classic single-family outdoor amenities.
The substantial list price increase relative to its 2024 sale price of $3.185M may present appraisal challenges or require extensive justification of the value added through the recent remodel.
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!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 4.0 | 99% |
| Baths | 5.0 | 3.0 | 74% |
| Square foot | 4,637 | 2,712 | 88% |
| Lot Size | 7,368 | 7,368 | 50% |
| Price | $7.00M | $3.54M | 89% |
| Price per sq ft | $1.5K | $1.3K | 64% |
| Built year | 1988 | 1977 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 161 | 7% |
Apr 9, 2026
$6,995,000
Initial Listing
Feb 22, 2024
$3,185,000
Public Record