1001 K St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.57937, -121.49359
Executive Verdict · Public-Records Synthesis
Zoned C-3-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $467,000 ($411,000–$523,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$52,404 contributory est.)
Public building records show issued construction/renovation work on this parcel (4 total permits, latest Mar 7, 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: 918 J Façade Remodel (420 ft N, entitled). 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 (~$5,774/yr at $467,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$481/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:
- 1 sq ft (0.00 ac)
- Assessor use:
- Office · Common Area · Condominium
- Tax rate area:
- 03187
- Addresses on lot:
- 1001 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 ADUCan't tell
This is a condominium unit: an ADU here would be a building-wide project that needs the association.
- SB 9: two homes on the lotUnlikely
This is a condominium unit: SB 9 applies to a whole lot.
- SB 9: split into two lotsUnlikely
This is a condominium unit: SB 9 applies to a whole lot.
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: $411,000 – $523,000 · 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
- 918 J Façade Remodel (Entitled)420 ft N
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).
- Canopy Hotel (In review)0.14 mi W
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).
- 1121 I Street Mixed-Use (Entitled)0.17 mi NE
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).
- 1121 I Street Eight Story Mixed Use (In review)0.19 mi NE
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).
Entity-resolved builders & contractors in ½ mile: Marketone Builders (2 on parcel, 49 in ½ mi · Commercial tenant improvement); Tri Square Construction (1 on parcel, 2 in ½ mi · Remodel / interior alteration); Icon General Contractors (239 in ½ mi · Commercial tenant improvement); Browning Construction (66 in ½ mi · Commercial tenant improvement); Bt Builders (59 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (4 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2204892 | Plan revision / deferred submittal | Expired Application | App. Mar 7, 2022 | — | EPC - revision to COM-2121680 OMIT ALL WORK IN BREAK ROOM (TO REMAIN AS-IS). EXPAND TRAINING RM 210 AND CONF 203. OFFICE… |
| COM-1812615 | Remodel / interior alteration | Finaled | Iss. Feb 28, 2019 | $25,000 | Remove (3) three existing antennas and replace with (3) three new antennas. Six (6) antennas left unaltered in same loca… |
| COM-1602099 | Remodel / interior alteration | Finaled | Iss. Feb 22, 2016 | $124,800 | EXPEDITED - Interior remodel to include new walls, new electrical receptacles, new lighting, new supply and returns , in… |
| COM-1602033 | Remodel / interior alteration | Finaled | Iss. Feb 11, 2016 | $4,000 | EXPEDITED - 3RD FL INTERIOR DEMO TO INCLUDE NON BEARING WALLS, ELECTRICAL RECEPTACLES |