
7376 Fay Ave
Dbottom 20%La Jolla, CA 92037
One license per person in San Diego: whether you can hold it depends on you, not only the home.
This parcel holds a short-term rental license: Tier 3 (whole home), through Jun 2027. It doesn’t transfer: a buyer applies for their own.
193 licensed short-term rentals within ½ mile (149 whole home), from the cities' license and permit lists of Nov 8, 2026.
Pass at asking: -$27,685/mo full cashflow at 20% down, 7.43% rate.
Works at $890,322 (80% under asking); even all cash loses money at asking.
Rent $8,881/mo from 21 leases of 3–5 bed houses within 0.5 mi ($7,702–$12,602).
Beds
4
Baths
3
Sqft
2,783
Year Built
1988
Days on Market
—
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026657SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
Designed by award-winning architect Stephen Borow, this extensively renovated detached residence offers distinctive architecture and coastal living in La Jolla Village. Approximately 2,783 SF includes 4 bedrooms and 3 bathrooms, with an open layout, contemporary finishes and inviting connections to outdoor living areas. The approximately 1,600 SF rooftop deck is a standout, pairing ocean views with a fireplace, BBQ area and generous room for dining, lounging and entertaining. Enjoy sunset gatherings above the Village or a quiet evening under the stars. Thoughtful upgrades throughout the home include concealed bedroom blackout shades, LED lighting, integrated speakers, heated bathroom floors and camera surveillance. Offered furnished and equipped, the residence provides a welcoming setting for a primary home or coastal retreat. An attached garage, driveway access from Fay Avenue, patios and landscaped outdoor areas complement the interior spaces. The Village location places beaches, restaurants, boutiques and galleries nearby, making it easy to enjoy the surroundings. From the rooftop views to the renovated interiors, this home brings together architectural character, modern conveniences and the indoor-outdoor lifestyle that makes La Jolla so appealing. Designed by award-winning architect Stephen Borow, this detached La Jolla Village residence combines architectural character with extensively renovated interiors and generous outdoor living space. The home offers approximately 2,783 SF with 4 bedrooms and 3 bathrooms, providing flexibility for everyday living, visiting family, guests or a home office. An open layout and contemporary finishes create an inviting setting for both relaxed evenings and entertaining. The approximately 1,600 SF rooftop deck is a defining feature of the home. Ocean views, a fireplace and a BBQ area set the stage for outdoor dining, sunset gatherings and evenings under the stars. With room for separate dining and lounge areas, the rooftop extends the home's entertaining space and offers a place to enjoy coastal breezes and the surrounding Village setting. Inside, renovations pair contemporary design with features that enhance everyday comfort. Concealed blackout shades in the bedrooms, LED lighting, integrated speakers and heated bathroom floors are among the upgrades. Smart-home features and camera surveillance add convenience, while patios and landscaped outdoor areas provide additional places to relax and gather. The residence is offered furnished and equipped, allowing buyers to appreciate the home as a complete living environment. The four-bedroom layout accommodates a range of needs, whether as a primary residence or a coastal retreat with space for family and friends. An attached garage and driveway access from Fay Avenue complement the home's indoor and outdoor amenities. The Village location brings beaches, restaurants, boutiques and galleries nearby. Enjoy a day along the coast, explore local dining and shopping, then return to your own rooftop for an evening overlooking the ocean. The combination of a detached residence, distinctive architecture, renovated interiors and an expansive ocean-view rooftop creates an inviting opportunity to enjoy the La Jolla lifestyle.
Mortgage Calculator
Est. Monthly Payment
$30,778
Location
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Zoned Schools
Elementary
La Jolla Elementary · grades K-5 · San Diego Unified
Middle
Muirlands Middle · grades 6-8 · San Diego Unified
High
La Jolla High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$8,881
Comp Average
$10,122
2879 Caminito Merion
4bd / 3.5ba · 2,753 sqft · Single Family
$4.39M
Est. $8,635/mo

5598 Caminito Genio
4bd / 2.5ba · 2,768 sqft · Single Family
$3.35M
Est. $8,428/mo
5912 La Jolla Blvd
4bd / 3.5ba · 2,920 sqft · Single Family
$5.50M
Est. $14,039/mo
6617 Avenida De Las Pescas
4bd / 4ba · 2,619 sqft · Single Family
$4.29M
Est. $10,615/mo
7209 Fay Ave
4bd / 4ba · 2,858 sqft · Single Family
$4.10M
Est. $8,894/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
21 leases of 3–5 bed houses within 0.5 mi · $7,702–$12,602
Blended 50/50 with the zip's market median ($7,862)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$27,685/mo short at 20% down; +$35,955/mo rent closes it.
- Break-even price
- $890,322
- Break-even rent
- $44,836/mo
- Cashflow at 35% down
- −$23,003/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
80% under asking
$35,955/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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