Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Duplex

Bedrooms

4

Bathrooms

2

Building size

1,854 sqft

Year built

1964

Garage spaces

0

Heating

Natural Gas,See Remarks

Cooling

Wall/Window Unit(s),See Remarks

Pool

None

View

Ocean

Status

Active

Days on market

9

MLS #

247159647

About this property

Two beautifully renovated residences in one detached La Jolla Village duplex. Offered as one proposed tenancy-in-common (TIC) interest with exclusive-use rights to the entire rear building and its designated areas. The duplex offers approximately 1,854 SF of combined living space across two 2BR/1BA residences. Each features a private entrance, its own kitchen and laundry, contemporary finishes and professionally designed interiors. The upper residence enjoys ocean views. Both residences are offered fully furnished and equipped. The two-residence configuration provides flexibility for personal use, furnished rentals or occupying one while renting the other, subject to applicable regulations and the final TIC Agreement. Designated parking and outdoor areas complement access from Bishops Lane. The proposed Rear Interest includes approximately 2,600 SF of designated exclusive-use land area, including the building's footprint and assigned rear areas. The property remains one legal parcel/APN containing this duplex and a separate detached front residence. The buyer would acquire an undivided ownership interest in the overall property, with contractual exclusive-use rights to the duplex and its assigned areas established by the final TIC Agreement. This is not a separately subdivided parcel or condominium. Enjoy a Village setting near La Jolla's beaches, restaurants, shopping and galleries.

Location

7372 Fay Ave

La Jolla, San Diego, CA, 92037