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$3,600,000

Beds
7
Baths
5.0
sq ft
2,798

7227 Fay Ave, La Jolla, CA 92037

7227 Fay Ave

La Jolla, CA 92037

  • 16 days on market
Location! Location! Location! Just steps from the beach, this fully furnished AirBnB cash machine is situated in the heart of La Jolla Village, offering the ultimate coastal lifestyle. With 7 spacious bedrooms and 5 luxurious baths, this newly renovated home is ideal for both personal luxury living or as a high-income short-term rental. This stunning property features two fully-equipped kitchens with sleek quartz countertops and top-of-the-line stainless steel appliances. Three bedrooms on each level provide exceptional versatility for various living arrangements. Enjoy breathtaking ocean views from the rooftop deck and second floor, or feel the refreshing sea breeze on the outdoor dining terrace. The attached garage and driveway parking offer added convenience, but you may never need your car—walk to world-renowned beaches, boutique shops, gourmet restaurants, museums, and iconic landmarks. Visit the seals at the Children’s Pool, stroll along scenic cliffs, or witness a spectacular sunset at La Valencia. Located in one of the most desirable coastal destinations, this home presents a one-of-a-kind opportunity to own a piece of La Jolla’s luxurious lifestyle, with the perfect blend of location and income potential. Don't miss out on this incredible chance!

Details

Property type

Condominium

Est. home value

$3,011,558

Lot size

8,562 sq ft

Price per sq ft

$1,287

Year built

2006

Price History

03/12/2025
SanDiego

SanDiego #250021234

Listed
$3,600,000
+21.83%
03/27/2022
SanDiego

SanDiego #NDP2200875

Sold
$2,955,000

Schools & Community

Neighborhood: 

La Jolla

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,363,168
Asking price
$3,600,000
Closing costs (~8% of asking)
-$288,000
Est. remaining loan balance
-$1,948,832
Cash to seller
$1,363,168

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Oaktree Funding Corp

Loan start date

March 2022

Original loan amount

$2,068,500

Est. remaining balance

$1,948,832

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Martell Real Estate Group Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/29/2025 at 1:30 AM

Listing updated: 03/26/2025 at 6:09 PM

Listed by: Jeremy Beauvarlet, Jeremy Beauvarlet, Redfin Corporation Phone #: (877) 973-3346

MLS: SanDiego #250021234

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