For Sale at La Jolla: 7376 Fay Ave, La Jolla, CA 92037. 4-bedroom 3-bath, 2783 sf, 1988 La Jolla Village $4,595,000 begin new search
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Overview

Rare opportunity to acquire a proposed fractional TIC interest sale with exclusive-use rights to the entire detached front residence at 7376 Fay Avenue in the heart of La Jolla Village. This extensively renovated 4BR/3BA residence offers approximately 2,783 SF of interior living space plus an extraordinary approximately 1,600 SF rooftop entertainment deck with ocean views. The Front TIC Interest is intended to include exclusive use of approximately 4,768 SF of designated land area, including the residence, attached garage, Fay Avenue driveway, designated parking, yards, patios and landscaping. The home features an open-concept layout, contemporary finishes, indoor/outdoor living and a professionally designed rooftop deck ideal for entertaining and enjoying the coastal setting. Offered fully furnished and equipped, providing flexibility for use as a primary residence, second home or furnished rental, subject to applicable regulations. The property currently consists of one legal parcel/APN containing the detached front residence and a separate detached rear duplex. The proposed two-interest TIC structure is intended to provide the purchaser of this Front Interest exclusive possession and use of the front residence and its designated areas, while the rear duplex and its designated area comprise a separate TIC interest. Fractional TIC financing is available subject to buyer qualification and lender underwriting. See attached conceptual exclusive-use plan and offering information. Buyer to review and approve final TIC Agreement and related documentation. 7376 Fay Avenue presents a rare opportunity to acquire a proposed fractional Tenancy-in-Common interest associated with the entire detached front residence in the heart of La Jolla Village. The extensively renovated residence offers approximately 2,783 square feet with 4 bedrooms and 3 bathrooms, together with an approximately 1,600-square-foot rooftop entertainment deck featuring ocean views. The home has been professionally designed and is offered fully furnished, including furniture, televisions, window coverings, kitchenware, linens, towels and related household items, allowing for immediate residential, second-home, guest or furnished-rental use, subject to applicable law and regulations. The proposed Front TIC Interest is intended to provide exclusive possession, control and use of the entire detached 7376 Fay Avenue residence and its designated associated areas. The conceptual exclusive-use allocation includes approximately 4,768 square feet of designated land area encompassing the residence, attached garage, Fay Avenue driveway, designated parking, front and side yards, patios, landscaping, rooftop deck and other areas assigned to the Front Interest in the final documentation. The overall property currently remains one legal parcel and one APN. It contains the detached front residence and a physically separate rear duplex. The contemplated ownership structure consists of two TIC interests: • Front TIC Interest — exclusive-use rights to the entire detached front residence and designated front areas. • Rear TIC Interest — exclusive-use rights to the separate detached rear duplex and its designated rear areas. The purchaser of the Front Interest would hold an undivided ownership interest in the underlying real property together with contractual exclusive-use rights to the front residence and designated front areas. The Rear Interest owner would have separate exclusive-use rights to the detached rear duplex and designated rear areas. This is not a condominium and is not currently a separately subdivided fee-simple parcel. The conceptual area plan is for illustrative purposes only and does not constitute a survey, parcel map, legal lot line or separate APN. Fractional TIC financing is available, subject to borrower qualification, lender underwriting, appraisal, review of final TIC documentation and applicable loan requirements. The definitive TIC Agreement and re...

Address 7376 Fay Ave

La Jolla, CA 92037
Listing Status Active
Asking Price $4,595,000
On Market Date $4,595,000 @ 2026-08-16
Listed / On-Market Entered 2026-08-16T12:24:45Z
Original Entry 2026-08-16T12:17:30Z
Property Condition Termite Clearance,Additions/Alterations,Turnkey,Updated/Remodeled
Rooms
Formal Entry, Exercise Room, Wine Cellar
Square Footage 2783 sf
Flooring Tile, Wood
Bedrooms 4
Full Bathrooms 3
Location
Directions The front residence at 7376 Fay Ave is accessed from Fay Ave. Cross Street: Pearl St.
Market Area 92037 - La Jolla
Neighborhood La Jolla Village
Complex La Jolla
School District Not Listed
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee $0
HOA Fee $0
Public Records
County San Diego
Assessor Parcel# 3510612500
Zoning R-2:MINOR
Exterior
Style Single Family Residence
Material Not Listed
Lot Size 50 x 95 ~ 4,768 sf
Fencing New Condition,Wood,Privacy,Security,Excellent Condition
Topography Not Listed
Roof Membrane, Synthetic, Green Roof, Flat
Swimming Pool None
Patio Patio Open, Roof Top
Exclusive Yard 1
Parking
Garage
Concrete
Assigned
Off Street
Driveway
Private
Side by Side
Uncovered
Total Spaces: 4
Garage Spaces: 2
Non-Garage Spaces: 0 - 2.00
View Ocean, Mountain(s)
Features
Year Built 1988
Laundry Location Inside,Gas Dryer Hookup,Electric Dryer Hookup
Elevator Not Listed
Cooling Whole House Fan, Central Air
Heating Natural Gas, Forced Air
Fireplaces Gas,Patio,Living Room (1)
Security Closed Circuit Camera(s), Carbon Monoxide Detector(s), Fire Rated Drywall, Smoke Detector(s)
Interior Features High Ceilings, Unfurnished, Granite Counters, Furnished, Recessed Lighting, Ceiling Fan(s), Open Floorplan, Bar, Balcony, Built-in Features, 2 Staircases
Additional Parcels No
Appliances Yes
Assessments No
Association No
Association Fee 2 0
Attached Garage No
Below Grade Finished Area 0
Carport Spaces 0
Construction Materials Stucco, Stone Veneer
Cooling Yes
Heating Yes
Land Lease No
Laundry Yes
Levels Three Or More
Living Area Source Plans
Lot Features Sprinklers In Front, Sprinklers In Rear
Lot Size Source Other
Lot Size Units Square Feet
Main Level Bathrooms 0
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking Yes
Patio Yes
Pool Private No
Property Attached No
Sprinklers Yes
View Yes
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Monthly Payment Calculator
Property Tax estimate of 1% of listing price does not include local voter-approved bonds/assessments, supplemental taxes for new construction or ownership changes, extra local fees, etc.
Listing Source
Platform CRMLS
AOR San Diego
MLS Number 260020072SD
Courtesy of AppleTree Real Estate Inc
Listing Agent Roman Cedillo & Sylvia Cedillo