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Rare opportunity to acquire the proposed fractional ownership interest associated with an entire detached duplex in the heart of La Jolla Village. The offering consists of two beautifully renovated and professionally designed 2-bedroom, 1-bath residences with approximately 1,854 combined square feet living area, together with designated parking and outdoor areas. Lower residence: approx. 962 SF, 2BR/1BA. Upper residence: approx. 862 SF, 2BR/1BA with ocean views. Designated Lot size use of approx. 2,600 SF. Both residences are currently offered as fully furnished short-term and month-to-month rentals and are operated using the addresses 7372 and 7374 Bishops Lane for simplified tenant access and directions. Each residence features a private entrance, kitchen, laundry, high-end finishes and furnishings, providing exceptional flexibility for investment, extended family, personal use, or occupying one residence while renting the other. The proposed ownership structure conveys an undivided tenancy-in-common (TIC) interest in the underlying real property together with exclusive-use and occupancy rights to the entire detached rear duplex and designated associated areas. Property currently consists of one APN. Fractional TIC financing is available, subject to buyer qualification, lender underwriting, appraisal and applicable loan requirements. Just blocks from La Jolla’s beaches, restaurants, shopping and galleries. Final ownership percentage, exclusive-use boundaries and definitive TIC documentation to be established through the final legal and title process.
| Address |
7372 Fay Ave
La Jolla, CA 92037 |
| Listing Status | Active |
| Asking Price | $2,595,000 |
| On Market Date | $2,595,000 @ 2026-08-15 |
| Listed / On-Market Entered | 2026-08-15T12:51:19Z |
| Original Entry | 2026-08-15T12:43:13Z |
| Square Footage | 1854 sf |
| Flooring | Tile |
| Bedrooms | 4 |
| Full Bathrooms | 2 |
| Directions | The rear duplex units at 7372 and 7374 Fay Ave are accessed from Bishops Lane.Cross Street: Pearl St |
| Market Area | 92037 - La Jolla |
| Neighborhood | La Jolla Village |
| Complex | La Jolla |
| School District | Not Listed |
| Property Type | |
| Mello-Roos Fee | $0 |
| HOA Fee | $0 |
| County | San Diego |
| Assessor Parcel# | 3510612500 |
| Zoning | R-2:MINOR |
| Nothing Found | The exact location of this property could not be determined from its listed address. Location features such as the Map, Containing Areas, Highway Locator, Google Street View, and Ocean Distance are not available. |
| Style | Duplex |
| Material | Not Listed |
| Lot Size | |
| Fencing | Not Listed |
| Topography | Not Listed |
| Entry Steps | 1 |
| Swimming Pool | None |
| Patio | None |
| Parking |
Assigned
Other
Driveway
Uncovered
Total Spaces: 6
Garage Spaces: 0
Non-Garage Spaces:
0 -
6.00
|
| View | Ocean |
| Year Built | 1964 |
| Laundry Location | Gas Dryer Hookup,Electric Dryer Hookup |
| Elevator | Not Listed |
| Cooling | Wall/Window Unit(s), See Remarks |
| Heating | Natural Gas, See Remarks |
| Fireplaces | Not Listed (0) |
| Additional Parcels | No |
| Appliances | Yes |
| Assessments | No |
| Association | No |
| Association Fee 2 | 0 |
| Attached Garage | No |
| Below Grade Finished Area | 0 |
| Carport Spaces | 0 |
| Cooling | Yes |
| Heating | Yes |
| Land Lease | No |
| Laundry | Yes |
| Levels | Multi/Split |
| Living Area Source | Other |
| 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 | No |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| View | Yes |
| Well Depth | 0 |
| Well Gallons Per Minute | 0 |
| Well Pump Horsepower | 0 |
| Well Report | No |
| Platform | CRMLS |
| AOR | San Diego |
| MLS Number | 260020046SD |
| Courtesy of | AppleTree Real Estate Inc |
| Listing Agent | Roman Cedillo |
https://www.sandiegocondofinder.com/260020046SD