717 K St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.58035, -121.49703
Executive Verdict · Public-Records Synthesis
Zoned C-3-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $691,000 ($608,000–$774,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$131,600 contributory est.)
Public building records show issued construction/renovation work on this parcel (21 total permits, latest Aug 25, 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: Canopy Hotel (0.11 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 (~$8,327/yr at $691,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$694/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:
- 11,480 sq ft (0.26 ac)
- Assessor use:
- Office · Office (General) · Two Story
- Tax rate area:
- 03187
- Addresses on lot:
- 711 K ST; 715 K ST; 717 K 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 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: $608,000 – $774,000 · 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)0.11 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)0.16 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)0.16 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).
- Homecoming at Creekside South (Entitled)0.26 mi SE
In "Entitled" for 7.9 yr (since Jan 3, 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 (120 housing units across 0 permits).
Entity-resolved builders & contractors in ½ mile: Interstate Drywall (4 on parcel, 4 in ½ mi · Remodel / interior alteration); Walker Cellular (2 on parcel, 2 in ½ mi · Remodel / interior alteration); Northern Fire Inspection (2 on parcel, 2 in ½ mi · Fire alarm / sprinkler); Firecode Safety Equipment (2 on parcel, 2 in ½ mi · Fire alarm / sprinkler); Pacific Plumbing And Sewer Service (2 on parcel, 2 in ½ mi · Plumbing / water heater / sewer).
Permit & Project History on This Parcel (21 permits, 0 grouped projects)
Showing 15 most recent permits| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2215313 | Fire alarm / sprinkler | Finaled | Iss. Aug 25, 2022 | $500 | EOTC Ansul system install. System previously installed on permit com-1824277 expired permit. |
| COM-2015500 | Remodel / interior alteration | Finaled | Iss. Oct 30, 2020 | $25,000 | EPC - T-Mobile is removing existing cell tower equipment and replacing with new cell tower equipment on an existing towe… |
| COM-2015208 | Remodel / interior alteration | Finaled | Iss. Oct 27, 2020 | $12,000 | EPC - Add 8-20a breakers to existing 200A panel. Exsiting 100a t-mobile main disconnect to be removed. New 200A t-mobile… |
| COM-2006170 | Commercial tenant improvement | Finaled | Iss. May 7, 2020 | $375,000 | EPC - Replacement of 2 chillers and 1 boiler |