909 3rd St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.58331, -121.50175
Executive Verdict · Public-Records Synthesis
Zoned C-3-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $719,000 ($633,000–$805,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$126,510 contributory est.)
Public building records show issued construction/renovation work on this parcel (18 total permits, latest Mar 20, 2026).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (parcel APN)
- ✓ Above-average reinvestment in Downtown
162 substantial renovation & housing permits over 24 months (114.0 per 1,000 parcels vs. 30.4 citywide baseline) (#33 of 102 neighborhoods).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (Downtown)
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)
- ! 6 slow or stalled nearby projects within ½ mile
Closest lead: 301 Capitol Mall (0.25 mi S, 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 (~$8,647/yr at $719,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$721/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:
- 81,022 sq ft (1.86 ac)
- Assessor use:
- Residential · Motel
- Tax rate area:
- 03272
- Addresses on lot:
- 909 3RD ST; 925 3RD ST
Zoning & Land Use
C-3-SPD — Central Business District Zone (C)
2040 General Plan: Residential Mixed Use (FAR up to 15)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUUnlikely
Zoned C-3 (commercial): the zone doesn't allow homes, so state ADU rules don't apply.
- SB 9: two homes on the lotUnlikely
Zoned C-3 (commercial), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned C-3 (commercial), 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 06067C0160J, 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: $633,000 – $805,000 · Status: Off market
HUD Small Area FMR (ZIP 95814) · FY 2026
Studio $1,640 · 1BR $1,720 · 2BR $2,120 · 3BR $2,820 · 4BR $3,250
Developments Deserving Closer Investigation & Active Area Builders
- 301 Capitol Mall (Fee estimate)0.25 mi S
In "Fee estimate" for 9.8 yr (since Jan 27, 2017), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (100 housing units, $200,000,000 declared valuation across 1 permit).
- Railyards Lot 46A Apartments (Entitled)0.31 mi E
In "Entitled" for 6.9 yr (since Dec 9, 2019), 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).
- Railyards Lot 43 Multifamily Five Story (Fee estimate)0.33 mi NE
In "Fee estimate" for 2.6 yr (since Apr 3, 2024), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (300 housing units, $80,216,824 declared valuation across 1 permit).
- 27 Story Residential Mixed Use (Fee estimate)0.35 mi SW
In "Fee estimate" for 5.3 yr (since Aug 11, 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 (231 housing units, $112,000,000 declared valuation across 3 permits).
Entity-resolved builders & contractors in ½ mile: Vista Investments Mgmt (11 on parcel, 11 in ½ mi · Plan revision / deferred submittal); Clarke And Rush Mechanical (2 on parcel, 4 in ½ mi · Remodel / interior alteration); Chris Plumbing Bay Area Services (2 on parcel, 2 in ½ mi · Plumbing / water heater / sewer); Leak On Lock Plumbing (1 on parcel, 1 in ½ mi · Commercial tenant improvement); Vista Inns Mgmt (1 on parcel, 1 in ½ mi · Plan revision / deferred submittal).
Permit & Project History on This Parcel (18 permits, 0 grouped projects)
Showing 15 most recent permits| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2525468 | Commercial tenant improvement | Issued | Iss. Mar 20, 2026 | $635,000 | EPC - Bathroom renovations, remove (E) bathroom door & install (N) pocket door. Replace (E) bathtubs with tubs & showers… |
| COM-2604549 | Commercial tenant improvement | Verify | App. Mar 8, 2026 | $5,000 | EPC - 27 SF opening in CMU wall between existing commercial laundry room and adjacent laundry room serving hotel for pro… |
| COM-2514306 | Commercial tenant improvement | Finaled | Iss. Jul 18, 2025 | $4,950 | EPC - New service sink installation. Excavate concrete next to the floor sink in WH room. Connect to the sewer line an… |
| COM-2406758 | Remodel / interior alteration | Expired Permit | Iss. Oct 22, 2024 | $35,000 | EPC - Accessible POT from public sidewalk to accessible drop-off and lobby. |