7825 Fay Ave La Jolla, CA
Property Lookup
Property profile & analytics
7825 Fay Ave La Jolla, CA
- Retail space
- 9,999 SF
- 0.48 lot acres
Property ID
US09-7299576
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Fox College Funding LLC / Financial Advisor
- Merrill Lynch / Parking Lot & Garage
- Coast To Coast ADR / Mediation Service / Legal Services
Property Details for 7825 Fay Ave
- Year built
- 1986
- Lot size
- 0.48 lot acres
- Property size
- 9,999 SF
- Zone code
- COMMERCIAL
- Property type
- Retail space
- APN
- 350-082-27-00
- APU
- 3500822700
Description
This Class A, 100,843 square foot office building in San Diego's prestigious La Jolla submarket presents a compelling user sale opportunity. Located at 7825 Fay Ave, 92037, this 1984-built property boasts 261 parking spaces and sits on a 0.8-acre lot. Currently 49% occupied, the building offers a strong tenancy anchored by a long-term tenant since 1996, and includes reputable financial advisors, attorneys, and accountants. The building's efficient, open-air design seamlessly integrates interior spaces with outdoor balconies and a courtyard, maximizing natural light and airflow. Its prime location, three blocks from the coast and within the Village of La Jolla's vibrant retail scene (836,000 square feet of retail), provides a walk score of 97. The La Jolla submarket is highly coveted, with limited Class A office space and no new construction underway. This presents a rare opportunity to acquire a high-quality asset in a supply-constrained market with strong demographics, including an average household income of $268,870 and a median home asking price of $2,073,000 in the surrounding area. The property generates $2,283,148 in annual in-place revenue, making it an attractive option for owner-users seeking a combination of cash flow and depreciation tax benefits. The building's flexible floor plates can accommodate a wide range of tenant requirements, maximizing its appeal to larger office users.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,025,000
- 6.5%
- $3,715,000
- 7%
- $3,450,000
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $5,820,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- La Jolla
- County
- San Diego
- State
- California
- Longitude
- -117.275
- Latitude
- 32.8454
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$405,131
$8,440,683
$24,357,748
$32,798,431
-
$0.00
$0.00
$0.00
