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7372 Fay Ave — La Jolla — 4 Beds • 2 Baths • 1,854 Sq Ft | Belmont Brokerage

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$2,595,000

$1,400/ft²

4 beds|2 ba|1,854 sqft00|1964 Built|0 DOM

7372 Fay Ave, La Jolla, CA 92037

Property Description

Two beautifully renovated residences in one detached La Jolla Village duplex. Offered as one proposed tenancy-in-common (TIC) interest with exclusive-use rights to the entire rear building and its designated areas. The duplex offers approximately 1,854 SF of combined living space across two 2BR/1BA residences. Each features a private entrance, its own kitchen and laundry, contemporary finishes and professionally designed interiors. The upper residence enjoys ocean views. Both residences are offered fully furnished and equipped. The two-residence configuration provides flexibility for personal use, furnished rentals or occupying one while renting the other, subject to applicable regulations and the final TIC Agreement. Designated parking and outdoor areas complement access from Bishops Lane. The proposed Rear Interest includes approximately 2,600 SF of designated exclusive-use land area, including the building's footprint and assigned rear areas. The property remains one legal parcel/APN containing this duplex and a separate detached front residence. The buyer would acquire an undivided ownership interest in the overall property, with contractual exclusive-use rights to the duplex and its assigned areas established by the final TIC Agreement. This is not a separately subdivided parcel or condominium. Enjoy a Village setting near La Jolla's beaches, restaurants, shopping and galleries.

Listing provided by: Roman CedilloDRE #01757107619-333-0006 Roman@atree.ca, AppleTree Real Estate Inc

MLS #: 260022644SD

FLIP & EXPANSION SIMULATORJACKPOT FLIP

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

+$680K

+64.8% ROI

Rehab + Add$341K

Est. ARV$3806K

Est. Profit+$680K

Proj. ROI65%

Sqft to Add (Expansion / ADU)+450 sqft (2,304 total sf)

Remodel Rate (Existing Space)$140/sqft ($260K total)