242 5th St
Sacramento 95811 · Southern Pacific / Richards · City of Sacramento · Coordinates: 38.59093, -121.49863
Executive Verdict · Public-Records Synthesis
Zoned H-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $200,000 ($170,000–$230,000).
Upsides & Opportunities
- ✓ 3 documented municipal building permits on file
On-parcel permit history is indexed through Sep 30, 2026, letting you verify roof, HVAC, electrical, or structural work against seller disclosures.
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (parcel APN)
- ✓ Above-average reinvestment in Southern Pacific / Richards
12 substantial renovation & housing permits over 24 months (41.2 per 1,000 parcels vs. 30.4 citywide baseline) (#82 of 102 neighborhoods).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (Southern Pacific / Richards)
Watchouts & Due Diligence
- ! Mapped flood awareness zone (Zone X: minimal flood hazard)
all of the lot of the parcel intersects Zone X: minimal flood hazard. Outside mandatory federal SFHA insurance rules, but check local drainage and finished-floor requirements.
Source: FEMA National Flood Hazard Layer (parcel polygon)
- ! Delayed or open permit activity on this parcel
Railyards: Kaiser Hospital Complex: Active in "Issued" for 2.9 yr (first record Dec 6, 2023) with no new permit activity recorded in 12 mo. High-impact scale ($140,394,000 declared valuation across 36 permits). current_status changed to "Complete" in snapshot Nov 1, 2026.
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! 5 slow or stalled nearby projects within ½ mile
Closest lead: Blokable Apartment (0.35 mi SE, fee estimate). Inspect timeline history before assuming near-term completion.
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · HCD APR (½-mile radius)
- ! Year 1 Prop 13 tax reset (~$2,730/yr at $200,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$228/mo). Confirm exact Mello-Roos / CFD special assessments on the county tax bill.
Source: CA Const. Art. XIIIA (Prop 13) · County Tax Collector
Parcel & Assessor
- Lot size:
- 142,005 sq ft (3.26 ac)
- Assessor use:
- Vacant · Acreage (10-49ac)
- Tax rate area:
- 03308
- Addresses on lot:
- 415 RAILYARDS BLVD
Zoning & Land Use
H-SPD — Hospital Zone (O)
2040 General Plan: Public/Quasi-Public
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUUnlikely
Zoned H (public / institutional): the zone doesn't allow homes, so state ADU rules don't apply.
- SB 9: two homes on the lotUnlikely
Zoned H (public / institutional), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned H (public / institutional), not a single-family residential zone.
Mapped Hazard Zones on This Lot
- CAL FIRE Fire Hazard Severity Zone
- Not in a State-mapped fire hazard severity zone
- FEMA National Flood Hazard Layer
- Zone X: minimal flood hazard (all of the lot) · FIRM panel 06067C0180J, effective June 16, 2015
- CGS Alquist-Priolo Earthquake Fault Zone
- Not in an Alquist-Priolo Earthquake Fault Zone
Surrounding Rent & Value Benchmarks (Public Records)
Range: $170,000 – $230,000 · Status: Off market
HUD Small Area FMR (ZIP 95811) · FY 2026
Studio $1,840 · 1BR $1,930 · 2BR $2,380 · 3BR $3,170 · 4BR $3,650
Developments Deserving Closer Investigation & Active Area Builders
- Railyards: Kaiser Hospital Complex (Issued)On this parcel
Active in "Issued" for 2.9 yr (first record Dec 6, 2023) with no new permit activity recorded in 12 mo. High-impact scale ($140,394,000 declared valuation across 36 permits). current_status changed to "Complete" in snapshot Nov 1, 2026.
- Blokable Apartment (Fee estimate)0.35 mi SE
In "Fee estimate" for 3.9 yr (since Dec 2, 2022), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (21 housing units, $10,630,000 declared valuation across 1 permit).
- Wong Center Senior Apartments (Entitled)0.39 mi SE
In "Entitled" for 5.6 yr (since Apr 9, 2021), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (150 housing units across 0 permits).
- Outbuilding #1 at SRFC Stadium (In review)0.4 mi E
In "In review" for 15 mo (since Aug 27, 2025), exceeding the 241d median and 334d 75th percentile for new commercial / non-residential building permits in City of Sacramento (n=150). High-impact scale ($450,000,000 declared valuation across 18 permits). current_status changed to "Plan Check Wait" in snapshot Nov 1, 2026.
Entity-resolved builders & contractors in ½ mile: Black Pine Builders (27 in ½ mi · New single-family home); Cal (6 in ½ mi · Demolition); B And L General Contracting (5 in ½ mi · Remodel / interior alteration); Hensel Phelps Construction (4 in ½ mi · New commercial / non-residential building); Brown Construction (3 in ½ mi · Addition (adds square footage)).
Permit & Project History on This Parcel (3 permits, 1 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2621718 | Plan revision / deferred submittal | Complete | App. Sep 30, 2026 | — | Revision 2 - Bulletin 2A. (Revision to COM-2422118) Drawing updates progressed due to Site Permit Change Log between Civ… |
| COM-2611435 | Plan revision / deferred submittal | Complete | App. Jun 3, 2026 | — | DEFERRED TO COM-2422118. Deferred exterior facade panel system. |
| COM-2611396 | Plan revision / deferred submittal | Complete | App. Jun 3, 2026 | — | DEFERRED TO COM-2422118. Deferred vehicle cable rail system. |