7157 Fay Ave

7157 Fay Ave

D

La Jolla, CA 92037

$3,295,000
NEW — 0d on market

Soft Appraisal Value: $3,182,300 · 3.5% above estimate

Beds

3

Baths

3.5

Sqft

2,901

Year Built

2003

Days on Market

0

Property Type

Condo

HOA/mo

$570

MLS ID

260008058SD

View on MLS

Description

Experience luxury living in the heart of La Jolla Village at 7157 Fay Ave. This beautifully designed property features 3 spacious bedrooms and 3.5 bathrooms, offering an exceptional blend of comfort, style, and convenience. The open floor plan showcases rich hardwood and stone flooring, abundant natural light, and a gourmet kitchen equipped with premium Wolf appliances, ideal for both everyday living and entertaining. Enjoy multiple private outdoor spaces, including a balcony with ocean views, patio, and large deck, perfect for relaxing and taking in the coastal air. Additional highlights include an attached 2-car garage and a private elevator for ultimate convenience. Just moments from world-class dining, boutique shopping, and iconic beaches, this home offers a rare opportunity to experience the very best of La Jolla living.

Mortgage Calculator

Est. Monthly Payment

$21,487

Principal & Interest$16,661
Property Tax$3,295
Insurance$961
HOA$570
%($659,000)
%

Investment Score

0D
Est. Monthly Rent
$7,982
Monthly Cashflow

Rent − PITIA

$-13,505
Full Cashflow

Incl. vacancy, PM, maint, capex

$-18,087

Mortgage (P+I)
$16,661
Cap Rate
-0.52%
Cash-on-Cash
-32.94%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.37
Break-even Rent
$31,472

NOI (Annual)
$-17,108
Price-to-Rent

Lower = better for investors

34.4

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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