1025 3rd St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.58233, -121.50234
Executive Verdict · Public-Records Synthesis
Zoned C-3-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $222,000 ($195,000–$249,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$36,168 contributory est.)
Public building records show issued construction/renovation work on this parcel (5 total permits, latest Jun 9, 2022).
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 (0.18 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 (~$2,981/yr at $222,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$248/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:
- 42,045 sq ft (0.97 ac)
- Assessor use:
- Vacant · Site (Under 2ac)
- Tax rate area:
- 03000
- Addresses on lot:
- 1025 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: $195,000 – $249,000 · 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)0.18 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).
- 27 Story Residential Mixed Use (Fee estimate)0.28 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).
- Railyards Lot 46A Apartments (Entitled)0.36 mi NE
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).
- 800 K Mixed Use (Fee estimate)0.36 mi SE
In "Fee estimate" for 9.7 yr (since Feb 16, 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 (92 housing units, $20,222,208 declared valuation across 1 permit).
Entity-resolved builders & contractors in ½ mile: Unlimited Communications (1 on parcel, 2 in ½ mi · Remodel / interior alteration); Vinculums Services (1 on parcel, 2 in ½ mi · Remodel / interior alteration); Stc Netcom (1 on parcel, 1 in ½ mi · Remodel / interior alteration); Icon General Contractors (188 in ½ mi · Commercial tenant improvement); Browning Construction (63 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (5 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2126841 | Remodel / interior alteration | Finaled | Iss. Jun 9, 2022 | $40,000 | EPC - Verizon to upgrade antennas and add new radios |
| COM-2108617 | Remodel / interior alteration | Finaled | Iss. Jul 21, 2021 | $30,000 | EPC - VERIZON WIRELESS TO REMOVE (1) EXISTING ANTENNA AND ADD (3) NEW ANTENNAS |
| SUB-1912676 | Plan revision / deferred submittal | Abandoned | App. Jul 9, 2019 | $20,000 | EPC Submittal - Remodel of Commercial Building - Install (4) new antennas at existing Verizon Wireless rooftop cell site… |
| COM-1709677 | Remodel / interior alteration | Finaled | Iss. Aug 6, 2018 | $12,000 | EPC Submittal - This is a wireless communication site modification. Verizon will be performing a technology upgrade at… |
| SUB-1709361 |