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Back$6,795,0000 bd0 ba0 sqft

$6,795,000For sale

7372 7376 Fay Ave

La Jolla, CA 92037 · MLS# 260024573SD

Listing courtesy of AppleTree Real Estate Inc
  • 0Beds
  • 0Baths
  • 0Sq Ft
  • 1988Year Built

About This Home

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. Discover a versatile La Jolla Village compound that combines a distinctive main residence with two separate living spaces in a detached rear duplex. The front house, designed by award-winning architect Stephen Borow, offers 4 bedrooms, 3 bathrooms and approximately 2,783 SF. The rear building contains two 2-bedroom, 1-bathroom residences totaling approximately 1,854 SF. Together, the property offers approximately 4,637 SF with 8 bedrooms and 5 bathrooms. The main residence pairs renovated interiors with an approximately 1,600 SF rooftop entertaining deck. Ocean views, a fireplace, BBQ area and room for dining and lounge seating create a setting for sunset gatherings and outdoor living. Interior upgrades include concealed bedroom blackout shades, LED lighting, integrated speakers, heated bathroom floors, camera surveillance and smart-home features. An attached garage, driveway access from Fay Avenue, patios and landscaped areas complement the home. The detached rear duplex offers independent access from Bishops Lane. Each residence has a separate entrance, its own kitchen and laundry, and renovated interiors with contemporary finishes. The upper residence enjoys ocean views. Six off-street parking spaces along Bishops Lane and EV charging add convenience to the compound. All three residences are currently set up for short-term rental use. All furniture and electronics are available for purchase along with the property, subject to agreement, giving buyers the option to acquire the existing furnished setup. Future rental use remains subject to applicable permits and requirements. The layout also supports a range of personal uses: a main residence with separate accommodations for extended family and guests, a coastal retreat with room for visiting households, or a combination of personal occupancy and rental use. The physical separation between the front home and rear building, along with the rear residences' individual kitchens, entrances and laundry facilities, allows occupants to maintain separate daily routines. Preliminary lot-split planning has already begun. A new owner can build on the work completed to date and continue pursuing the proposed split, subject to City requirements and approval. This provides an opportunity to explore potential future value beyond the property's existing configuration. With beaches, restaurants, boutiques and galleries nearby, the property offers a convenient base for enjoying La Jolla Village. The entire compound is offered together.

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Property at a Glance: 7372 7376 Fay Ave

This residential income property at 7372 7376 Fay Ave, La Jolla, CA 92037 is for sale at $6,795,000. The home has 0 bedrooms, 0 bathrooms and 0 square feet of living space. It was built in 1988 and sits on a lot of 0.17 acres. Reach out to set up a showing or ask for more details about this home.

Snapshot

Status
For sale
Price
$6,795,000
Bedrooms
0
Bathrooms
0
Property Type
Residential Income
Year Built
1988
Square Feet
0
Lot Size
0.17 acres
Days on Market
3
MLS #
260024573SD
County
San Diego
Subdivision
La Jolla

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Property Details

Building
Property Type: Residential Income
Year Built: 1988
Stories: 2
Land
Lot Size: 0.17 acres
View: Ocean
Lot Features: Drip Irrigation/Bubblers
Money
County: San Diego
HOA: Not provided
HOA Fee: $0 (frequency not provided)
Rooms
Heating: Combination, Electric, Forced Air, Natural Gas
Cooling: Central Air, See Remarks
Appliances: Gas Water Heater, Tankless Water Heater
Structures
Pool: None

La Jolla in La Jolla, CA

7372 7376 Fay Ave is in the La Jolla neighborhood of La Jolla, CA. Ask Brad & Karen Mattonen about other homes for sale in La Jolla and what nearby homes have sold for.

Mortgage Calculator

Estimated Monthly Payment$34,359
$5,436,000Loan Amount
$1,359,000Down Payment
$6,933,318Total Interest

Principal and interest only. Taxes, insurance and HOA dues are extra.

Brad & Karen Mattonen Can Answer Your Questions About This Home

Why Work With Brad & Karen Mattonen?

Buying a home in La Jolla, CA goes better with a local agent on your side. Brad & Karen Mattonen can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call 858-518-2875 to get started. Whether 7372 7376 Fay Ave is the one or you would like to see other homes nearby, reach out any time.

Local facts

Facts and context beyond the MLS description

What the numbers say about 7372 7376 Fay Ave and the La Jolla area around it.

Current market context

How this home compares in La Jolla

  • $8Median per sq ft
  • 26Homes for sale like it
  • 2Average days on market

Listing timeline

Price and status history

DateEventPrice
Oct 13, 2026Active$6,795,000

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