7376 Fay Ave, La Jolla, California 92037, La Jolla, - bed, bath

home-pic
ACTIVE$6,995,000
7376 Fay Ave, La Jolla, California 92037
8Beds
5Baths
4,637Sqft
7,368Lot
Year Built
1988
Close
-
List price
$7M
Original List price
$7M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
250043013SD
Home ConditionExcellent
Features
Good View: Mountain(s), Ocean
Deck
Patio
ViewMountain(s), Ocean

About this home

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!

Nearby schools

9/10
La Jolla Elementary School
Public,K-50.2mi
8/10
Muirlands Middle School
Public,6-80.5mi
8/10
La Jolla High School
Public,9-120.4mi

Price History

Date
Event
Price
10/31/25
Listing
$6,995,000
02/22/24
Sold
$3,185,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (146 Listings)
Beds84
99%
Baths54
73%
Square foot4,6372,672
88%
Lot Size7,36813,726
20%
Price$7M$3.5M
88%
Price per square foot$1,509$1,373
64%
Built year19881976
62%
HOA
Days on market5168
1%
Condition Rating
Excellent

Despite being built in 1988, this property has undergone a 'fabulously recently remodeled' and 'extensively renovated' transformation, as stated in the description and evident in the high-quality images. The kitchen features integrated, high-end Miele appliances, sleek flat-panel cabinetry, modern fixtures, and recessed lighting, all appearing virtually new. Bathrooms boast floating vanities, contemporary fixtures, and heated floors, reflecting a luxurious and current design. Throughout the property, modern finishes, smart home features, and pristine condition indicate a comprehensive, recent renovation that meets the highest quality standards, leaving no deferred maintenance.
Pros & Cons

Pros

Exceptional Income Potential: The unique triplex configuration, featuring two fully furnished, vacation rental-ready units, offers immediate and significant income generation opportunities.
Prime La Jolla Village Location: Situated in the highly desirable and walkable La Jolla Village, providing residents with convenient access to a premium coastal lifestyle.
Extensive Modern Remodel & Smart Home Integration: Recently remodeled with high-end finishes, smart home technology (e.g., hidden blackout shades, LED lighting, speakers, heated bathroom floors, camera surveillance), ensuring contemporary comfort and reduced immediate maintenance.
Premium Outdoor Living & Ocean Views: The front house boasts a 1,600 sq ft entertaining rooftop with ocean views, fireplace, and BBQ, complemented by ocean views from one of the duplex units, significantly enhancing lifestyle and property value.
Ample Parking & EV Charging: A total of six assigned parking spaces and EV charger stations are a significant and valuable amenity in a dense urban village environment like La Jolla.

Cons

Complex Management Requirements: Operating a triplex, especially with short-term vacation rentals, demands considerable ongoing management, maintenance, and oversight, which may not suit all buyers.
High Investment Threshold: The substantial list price of nearly $7 million places this property in a niche luxury market, potentially limiting the pool of prospective buyers.
Potential for Inter-Unit Privacy/Noise Concerns: The compound layout with multiple units and shared access points could lead to privacy or noise challenges, particularly with transient vacation renters in proximity to an owner-occupied unit.

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