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3-Unit Residential Income Property
For Sale
$6,795,000

7372-7376 Fay Ave, La Jolla, CA 92037

A detached front residence and rear duplex offer three distinct living spaces, with separate entrances for the duplex homes.

Property Size4,637 SF
Price / SF$1,465
Days on Market20

Property Features for 7372-7376 Fay Ave

General Information

Standard status Active
Size 4,637 SF
Total Parking Spaces 6
Property subtype Res Income 2-4 Units

Units

Unit Mix 1 x 4BR/3BA, 2 x 2BR/1BA
Multifamily Units 3

Additional Details

Furnished No
Road Access Yes

Amenities

ocean views
rooftop deck
fireplace
BBQ area
concealed bedroom blackout shades
LED lighting
integrated speakers
heating bathroom floors
smart-home features
EV charging

Building Details

Building Size 4,637 SF
Year Built 1988
Buildings 2
Listing Agency: AppleTree Real Estate Inc
Listed By: Roman Cedillo · License #01757107
Source: Lotzofandassociates
Added: Oct 9 Changed: Oct 26 Last Checked: Oct 26 at 3:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AppleTree Real Estate Inc

Rey
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Investment Insights

Based on property information with market context.

This 1988 property combines a detached front home with a rear duplex, totaling approximately 4,637 SF, 8 bedrooms and 5 bathrooms. The front residence contains 4 bedrooms and 3 bathrooms across approximately 2,783 SF. Each of the two rear homes has 2 bedrooms, 1 bathroom, its own kitchen, laundry and entrance. Renovated interior features include LED lighting, integrated speakers, heated bathroom floors, concealed bedroom blackout shades and smart-home features.

A rooftop deck of approximately 1,600 SF includes ocean views, a fireplace and a BBQ area. Access is available from Fay Avenue and Bishops Lane, with 6 off-street parking spaces along Bishops Lane and EV charging. All three residences are configured for short-term rental use, subject to applicable requirements. Beaches, restaurants, boutiques and galleries are described as nearby.

Key Highlights

  • Three residences total approximately 4,637 SF, with 8 bedrooms and 5 bathrooms
  • Detached front home: 4 bedrooms, 3 bathrooms and approximately 2,783 SF
  • Rear duplex includes two 2‑bedroom, 1‑bathroom residences, each with its own entrance, kitchen and laundry

Property Analytics

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby

Demographics for 92037, CA

41,260
Population
19,628
Households
2.1
Avg Household Size
43
Median Age
76%
College-Educated
98%
High-School Grad
12.0 sq mi
ZIP Area
3,438
Density / Sq Mi
$141,822
Median Household Income
$64,545
Median Earnings
$2,632
Median Rent
$1,857,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Residential income property - A detached front residence and rear duplex offer three distinct living spaces, with separate entrances for the duplex homes.
Where is this residential income property located?
The property is located at 7372-7376 Fay Ave La Jolla, CA.
What is the asking price?
The asking price for this property is $6,795,000.
What are key features of this property?
This property features: Three residences total approximately 4,637 SF, with 8 bedrooms and 5 bathrooms; Detached front home: 4 bedrooms, 3 bathrooms and approximately 2,783 SF; Rear duplex includes two 2‑bedroom, 1‑bathroom residences, each with its own entrance, kitchen and laundry
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