1007 7th St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.58097, -121.49720
Executive Verdict · Public-Records Synthesis
Zoned C-3-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $630,000 ($554,000–$706,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$63,740 contributory est.)
Public building records show issued construction/renovation work on this parcel (7 total permits, latest Dec 16, 2025).
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: Canopy Hotel (0.16 mi 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 (~$7,632/yr at $630,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$636/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:
- 13,484 sq ft (0.31 ac)
- Assessor use:
- Office · Office (General) · Multiple Stories
- Tax rate area:
- 03187
- Addresses on lot:
- 1007 7TH ST; 1007 7TH ST FL 2 FL 2; 1007 7TH ST FL 3 FL 3
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 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: $554,000 – $706,000 · 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
- Canopy Hotel (In review)0.16 mi SE
In "In review" for 8.1 yr (since Oct 2, 2018), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (55 housing units, $90,000,000 declared valuation across 3 permits).
- 918 J Façade Remodel (Entitled)0.17 mi E
In "Entitled" for 5.5 yr (since May 26, 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 (10 housing units across 0 permits).
- 218 new homes at 930 K St (Fee estimate)0.19 mi SE
In "Fee estimate" for 7.8 yr (since Jan 18, 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 (218 housing units, $49,590,693 declared valuation across 1 permit).
- Railyards Lot 46A Apartments (Entitled)0.26 mi N
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).
Entity-resolved builders & contractors in ½ mile: Marketone Builders (3 on parcel, 56 in ½ mi · Commercial tenant improvement); Hume Development (1 on parcel, 1 in ½ mi · Commercial tenant improvement); Revision (1 on parcel, 1 in ½ mi · Remodel / interior alteration); Dsv (1 on parcel, 1 in ½ mi · Remodel / interior alteration); Icon General Contractors (233 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (7 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2526640 | Commercial tenant improvement | Plan Check Target | App. Dec 16, 2025 | $15,000,000 | EPC - Adaptive reuse of an existing 7-story historic office building to create a 95-room hotel with restaurant space. S… |
| COM-1806534 | Commercial tenant improvement | Finaled | Iss. May 15, 2018 | $660,000 | EXPEDITED(15/10/10/5) - Interior office remodel of 4th floor including lobby area. Demo interior walls, new interior wal… |
| COM-1721205 | Remodel / interior alteration | Expired Permit | Iss. Nov 28, 2017 | $55,142 | interior demo of the 4th floor to include electrical, mechanical and plumbing. A sheets for reference only . |
| COM-1716781 | Remodel / interior alteration | Finaled | Iss. Sep 19, 2017 | $65,000 | Interior Demolition-Complete work from expired COM-1600699: Interior demolition at 5th floor per approved plans. |