1130 K St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.57827, -121.49190
Executive Verdict · Public-Records Synthesis
Zoned C-3-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $825,000 ($726,000–$924,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$232,430 contributory est.)
Public building records show issued construction/renovation work on this parcel (40 total permits, latest Feb 29, 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 52% 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 Mixed-Use (0.19 mi 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 (~$9,855/yr at $825,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$821/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:
- 32,000 sq ft (0.73 ac)
- Assessor use:
- Office · Office (General) · Multiple Stories
- Tax rate area:
- 03187
- Addresses on lot:
- 1130 K ST; 1130 K ST STE 100 STE 100; 1130 K ST STE 101 STE 101
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 52% of the lot); Zone X: reduced flood risk due to levee (about 48% 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: $726,000 – $924,000 · 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 Mixed-Use (Entitled)0.19 mi N
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).
- 918 J Façade Remodel (Entitled)0.19 mi NW
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).
- 1121 I Street Eight Story Mixed Use (In review)0.21 mi N
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).
- Canopy Hotel (In review)0.23 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).
Entity-resolved builders & contractors in ½ mile: White Star Construction (20 on parcel, 37 in ½ mi · Commercial tenant improvement); Turner Construction (1 on parcel, 6 in ½ mi · Commercial tenant improvement); Foothill Fire Protection (2 on parcel, 3 in ½ mi · Fire alarm / sprinkler); Icon General Contractors (201 in ½ mi · Commercial tenant improvement); Browning Construction (66 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (40 permits, 0 grouped projects)
Showing 15 most recent permits| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2325164 | Commercial tenant improvement | Finaled | Iss. Feb 29, 2024 | $85,000 | EPC - SUITE 320 - Demolition of non load bearing partitions, interior modifications of existing office suite 320 area in… |
| COM-2303747 | Commercial tenant improvement | Expired Permit | Iss. Mar 27, 2023 | $106,404 | EPC - Construction of spec TI within existing suite on the second floor of an existing 6 story office building located a… |
| COM-2303707 | Commercial tenant improvement | Expired Permit | Iss. Mar 27, 2023 | $74,995 | EPC - REMODEL STE 240-Construction of spec TI within existing suite on the second floor of an existing 6 story office bu… |
| COM-2224454 | Commercial tenant improvement | Finaled | Iss. Dec 29, 2022 | $165,000 | EPC - Remodel within existing suites on the second floor of an existing 6 story office building. Remodel will include th… |