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Permit-Ready Mixed-Use Development Site
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1801 Fifth Ave, San Diego, CA 92101

Existing commercial building on the site is 84% leased to month-to-month tenants; redevelopment includes new mixed-use construction.

Property SizeContact for details
Days on Market125

Property Features for 1801 Fifth Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 84%

Additional Details

Highway Access Yes
Multifamily Units 26

Building Details

Stories 4
Tenancy Multi
Listing Agency: Marcus & Millichap - Downtown San Diego
Listed By: Nick Totah · License #CA 01922255
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 9:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Downtown San Diego

Investment Insights

Based on property information with market context.

The fee simple interest being offered includes an 18,626 fully entitled, permit-ready development site at 1801–1871 5th Ave in San Diego. An existing commercial building is currently 84% leased on a month-to-month basis; the plan calls for demolition to support new construction of a four-story mixed-use building plus mezzanine level.

The proposed development includes below-ground private garage, two restaurant suites, one large commercial space, and eight smaller commercial units at the ground level. Residential components include six multi-family units and fourteen townhomes, along with six mezzanine units.

Banker’s Hill has seen large-scale redevelopment, including multiple high-rise luxury condos and mixed-use projects. The area is described as 1.3 miles from the heart of Downtown San Diego and adjacent to Balboa Park, with convenient access to Interstate 5, Highway 163, and Lindberg Field Airport. The remarks also cite a Walk Score of 93 and note surrounding dining options and views of the Bay and Balboa Park.

Key Highlights

  • Development site at 1801‑1871 5th Ave with an existing commercial building currently 84% leased to month‑to‑month tenants
  • Permit‑ready, 18,626‑square‑foot development site with demolition planned for new mixed‑use construction
  • Proposed 4 stories + mezzanine mixed‑use project with below‑ground private garage

Property Analytics

Current Use

City Liquor House Specialty Food Shop

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Daycare Center Veterinary Clinic Pet Grooming Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26
Residential units
84%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,478
Businesses Nearby

Demographics for 92101, CA

47,505
Population
32,909
Households
1.4
Avg Household Size
39
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
8,797
Density / Sq Mi
$90,477
Median Household Income
$72,371
Median Earnings
$2,351
Median Rent
$740,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Existing commercial building on the site is 84% leased to month-to-month tenants; redevelopment includes new mixed-use construction.
Where is this apartment building located?
The property is located at 1801 Fifth Ave San Diego, CA.
What are key features of this property?
This property features: Development site at 1801‑1871 5th Ave with an existing commercial building currently 84% leased to month‑to‑month tenants; Permit‑ready, 18,626‑square‑foot development site with demolition planned for new mixed‑use construction; Proposed 4 stories + mezzanine mixed‑use project with below‑ground private garage
More about this property
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