7372 Fay Ave - Multi-Family FOR SALE


La Jolla, CA 92037- Village
$6,950,000 USD
619-333-0006
7372 Fay Ave, La Jolla, CA for Sale
$6,950,000 USD
Multi-Family - FOR SALE
1/76
null | 6.75% Cap Rate

7372 Fay Ave
La Jolla, CA 92037
Village


HIGHLIGHTS

  • “LIVE • EARN • ENTERTAIN”
  • Located in the heart of La Jolla Village
  • Walking distance to shops, dining, and the beach
  • Ideal for multi-generational living or income-producing vacation rentals

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$6,950,000 USD

PRICE/SF

$1,499 USD /SF

# OF UNITS

3

PRICE/UNIT

$2,316,667

CAP RATE

6.75%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7372-76 Fay Ave, La Jolla, CA 92037

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1988

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,368 SF

ZONING

R-2:MINOR

APN/PARCEL ID

351-061-25-00

ASK ABOUT THIS PROPERTY

Roman CedilloAppletree Real Estate IncMore Info
619-333-0006

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Roman CedilloAppletree Real Estate IncMore Info
619-333-0006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.