3730 5Th Ave San Diego, CA 92103

Located at the northwest corner of Fifth Avenue and Pennsylvania Avenue, this property sits along the corridor between Hillcrest and Bankers Hill in Uptown San Diego. The offering comprises four contiguous parcels totaling approximately 0.62 acres (26,933 SF), positioned on Fifth Avenue and adjacent to Balboa Park. The site is located within a designated Transit Priority Area just two miles north of Downtown San Diego, offering connectivity and redevelopment appeal. Fifth Avenue functions as the link between Hillcrest’s retail environment and Bankers Hill’s residential character. The property benefits from frontage along a pedestrian corridor, with access to SR-163, Interstate 8, and Downtown. The site participates in the Complete Communities Housing Solutions Overlay (Tier 2), allowing a maximum FAR of up to 8.0 and increased residential density. The Hillcrest Focused Plan Amendment, coupled with state-level housing incentives, enhances the feasibility of high-density, transit-oriented infill development along this corridor. The property is supported by institutional investment, including the expansion of the UC San Diego Health – Hillcrest Medical Campus. In 2025, the system delivered the McGrath Outpatient Pavilion, a six-story, approximately 250,000-square-foot facility located less than one mile from the site. The site's corner assemblage, entitlement pathway, density upside, and Fifth Avenue positioning present an opportunity to deliver a high-density residential or mixed-use project.