1001 I St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.58177, -121.49210
Executive Verdict · Public-Records Synthesis
Zoned C-3-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $704,000 ($620,000–$788,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$172,148 contributory est.)
Public building records show issued construction/renovation work on this parcel (52 total permits, latest Jan 5, 2024).
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)
about 3% 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: 1121 I Street Eight Story Mixed Use (390 ft SE, in review). 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 (~$8,476/yr at $704,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$706/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:
- 108,900 sq ft (2.50 ac)
- Assessor use:
- Office · Office (General) · Multiple Stories
- Tax rate area:
- 03005
- Addresses on lot:
- 1001 I 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 (about 3% of the lot); Zone X: reduced flood risk due to levee (about 97% 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: $620,000 – $788,000 · 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
- 1121 I Street Eight Story Mixed Use (In review)390 ft SE
In "In review" for 2.8 yr (since Jan 19, 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 (206 housing units, $61,800,000 declared valuation across 1 permit).
- 1121 I Street Mixed-Use (Entitled)440 ft SE
In "Entitled" for 3.7 yr (since Mar 2, 2023), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (204 housing units across 0 permits).
- Railyards Lot 43 Multifamily Five Story (Fee estimate)0.33 mi NW
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).
- The Grace (Entitled)0.38 mi E
In "Entitled" for 3.4 yr (since Jun 27, 2023), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (26 housing units across 0 permits).
Entity-resolved builders & contractors in ½ mile: Icon General Contractors (30 on parcel, 187 in ½ mi · Commercial tenant improvement); Schetter Electric (1 on parcel, 12 in ½ mi · Commercial tenant improvement); Airco Mechanical (4 on parcel, 11 in ½ mi · Remodel / interior alteration); Lawson Mechanical Contractors (1 on parcel, 3 in ½ mi · Commercial tenant improvement); Johnson Controls Fire Protection (2 on parcel, 3 in ½ mi · Fire alarm / sprinkler).
Permit & Project History on This Parcel (52 permits, 0 grouped projects)
Showing 15 most recent permits| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| FPP-2400336 | Plan revision / deferred submittal | Complete | App. Jan 5, 2024 | — | EPC - EXPEDITED - REVISION TO FPP-2317255: Relocated/added fire smoke dampers. |
| FPP-2321423 | Commercial tenant improvement | Expired Application | App. Oct 7, 2023 | $86,232 | EPC - EXPEDITED - CONSTRUCTION OF REMOVING NON-LOAD BEARING WALL AND INSTALLING A SOFFIT FOR A NEW OPERABLE WALL PARTIOT… |
| FPP-2317255 | Commercial tenant improvement | Withdrawn | Iss. Sep 21, 2023 | $642,489 | EPC - EXPEDITED - 8TH FLOOR - DEMOLITION OF EXISTING WALLS AND EXISTING CEILING IN SELECTED AREAS AS WELL AS PROVIDING N… |
| FPP-2317789 | Commercial tenant improvement | Finaled | Iss. Sep 8, 2023 | $1,064,835 | EPC - EXPEDITED - 6TH FLOOR UPDATING MILLWORK IN EXISTING BREAKROOM SPACES, FIRE ALARM , PLUMBING, ELECTRICAL AND FINSI… |