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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$4,595,000

Est. payment - /mo

4 Beds

3 Baths

2,783 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,783 sqft

Price per Sqft $1,651

Subdivision La Jolla

MLS Listing ID 260020072

Style Modern

Bedrooms 4

Full Baths 3

Year Built 1988

Lot Size 4,768 Sqft

Lot Dimensions 50 x 95

Property Sub-Type Detached

Property Description

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.

Location

State CA

County San Diego

Area Coastal South

Zoning R-2:MINOR

Direction The front residence at 7376 Fay Ave is accessed from Fay Ave.

Interior

Interior Features 2 Staircases, Balcony, Bar, Bathtub, Bidet, Built-Ins, Ceiling Fan, Granite Counters, High Ceilings (9 Feet+), Kitchen Island, Low Flow Toilet(s), Open Floor Plan, Recessed Lighting, Remodeled Kitchen, Shower, Unfurnished, Kitchen Open to Family Rm, Furnished

Heating Forced Air Unit

Cooling Central Forced Air, Whole House Fan

Flooring Tile, Wood, Ceramic Tile

Fireplaces Number 2

Fireplaces Type FP in Living Room, Patio/Outdoors, Gas

Fireplace No

Appliance Dishwasher, Disposal, Dryer, Garage Door Opener, Refrigerator, Washer, Double Oven, Electric Oven, Energy Star Appliances, Freezer, Vented Exhaust Fan, Barbecue, Water Line to Refr, Built-In, Counter Top, Gas Cooking

Laundry Electric, Gas

Exterior

Parking Features Attached, Garage

Garage Spaces 2.0

Fence Full, Excellent Condition, New Condition, Privacy, Security, Wood

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Meter on Property,Public

View Mountains/Hills, Ocean, Panoramic Ocean

Roof Type Synthetic,Flat,Green Roof,Membrane

Porch Balcony, Roof Top, Patio Open

Total Parking Spaces 4

Building

Story 3

Sewer Sewer Connected, Public Sewer

Water Meter on Property, Public

Level or Stories 3

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 351-061-25-00

Acceptable Financing Cash, Conventional, Special Funding

Listing Terms Cash, Conventional, Special Funding

Special Listing Condition Other/Remarks

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Listed by Roman Cedillo, DRE#01757107 AppleTree Real Estate Inc

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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7376 Fay Ave La Jolla, CA 92037