7376 Fay Ave

Rare opportunity to acquire a proposed fractional TIC interest sale with exclusiveuse rights to the entire detached front residence at 7376 Fay Avenue in the heart of La Jolla Village This extensively renovated 4BR3BA residence offers approximately 2783 SF of interior living space plus an extraordinary approximately 1600 SF rooftop entertainment deck with ocean views The Front TIC Interest is intended to include exclusive use of approximately 4768 SF of designated land area including the residence attached garage Fay Avenue driveway designated parking yards patios and landscaping The home features an openconcept layout contemporary finishes indooroutdoor living and a professionally designed rooftop deck ideal for entertaining and enjoying the coastal setting Offered fully furnished and equipped providing flexibility for use as a primary residence second home or furnished rental subject to applicable regulations The property currently consists of one legal parcelAPN containing the detached front residence and a separate detached rear duplex The proposed twointerest TIC structure is intended to provide the purchaser of this Front Interest exclusive possession and use of the front residence and its designated areas while the rear duplex and its designated area comprise a separate TIC interest Fractional TIC financing is available subject to buyer qualification and lender underwriting See attached conceptual exclusiveuse plan and offering information Buyer to review and approve final TIC Agreement and related documentation 7376 Fay Avenue presents a rare opportunity to acquire a proposed fractional TenancyinCommon interest associated with the entire detached front residence in the heart of La Jolla Village The extensively renovated residence offers approximately 2783 square feet with 4 bedrooms and 3 bathrooms together with an approximately 1600squarefoot rooftop entertainment deck featuring ocean views The home has been professionally designed and is offered fully furnished including furniture televisions window coverings kitchenware linens towels and related household items allowing for immediate residential secondhome guest or furnishedrental use subject to applicable law and regulations The proposed Front TIC Interest is intended to provide exclusive possession control and use of the entire detached 7376 Fay Avenue residence and its designated associated areas The conceptual exclusiveuse allocation includes approximately 4768 square feet of designated land area encompassing the residence attached garage Fay Avenue driveway designated parking front and side yards patios landscaping rooftop deck and other areas assigned to the Front Interest in the final documentation The overall property currently remains one legal parcel and one APN It contains the detached front residence and a physically separate rear duplex The contemplated ownership structure consists of two TIC interests Front TIC Interest exclusiveuse rights to the entire detached front residence and designated front areas Rear TIC Interest exclusiveuse rights to the separate detached rear duplex and its designated rear areas The purchaser of the Front Interest would hold an undivided ownership interest in the underlying real property together with contractual exclusiveuse rights to the front residence and designated front areas The Rear Interest owner would have separate exclusiveuse rights to the detached rear duplex and designated rear areas This is not a condominium and is not currently a separately subdivided feesimple parcel The conceptual area plan is for illustrative purposes only and does not constitute a survey parcel map legal lot line or separate APN Fractional TIC financing is available subject to borrower qualification lender underwriting appraisal review of final TIC documentation and applicable loan requirements The definitive TIC Agreement and re