1121 L St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.57786, -121.49216
Executive Verdict · Public-Records Synthesis
Zoned C-3-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $795,000 ($700,000–$890,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$202,666 contributory est.)
Public building records show issued construction/renovation work on this parcel (47 total permits, latest Nov 4, 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: reduced flood risk due to levee)
all of the lot of the parcel intersects Zone X: reduced flood risk due to levee. 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 (0.21 mi NW, 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 (~$9,513/yr at $795,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$793/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:
- 37,900 sq ft (0.87 ac)
- Assessor use:
- Office · Office (General) · Multiple Stories
- Tax rate area:
- 03187
- Addresses on lot:
- 1109 L ST; 1121 L 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: reduced flood risk due to levee (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: $700,000 – $890,000 · 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)0.21 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 Mixed-Use (Entitled)0.22 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).
- Canopy Hotel (In review)0.22 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 Eight Story Mixed Use (In review)0.24 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).
Entity-resolved builders & contractors in ½ mile: Icon General Contractors (26 on parcel, 232 in ½ mi · Plan revision / deferred submittal); Marketone Builders (3 on parcel, 41 in ½ mi · Commercial tenant improvement); J Sutter Builders (3 on parcel, 22 in ½ mi · Commercial tenant improvement); Acco Engineered (1 on parcel, 4 in ½ mi · Remodel / interior alteration); Industrial Electronics (3 on parcel, 3 in ½ mi · Fire alarm / sprinkler).
Permit & Project History on This Parcel (47 permits, 0 grouped projects)
Showing 15 most recent permits| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2517461 | Fire alarm / sprinkler | Finaled | Iss. Nov 4, 2025 | $55,200 | EPC - Tie the fire sprinkler system existing control valves into Notifier AM2020 fire alarm system for supervisory monit… |
| FPP-2400810 | Commercial tenant improvement | Finaled | Iss. Mar 25, 2024 | $15,462 | EPC - EXPEDITED - TENANT IMPROVEMENT OF EXISTING OFFICE SPACE TO INCLUDE NEW WALLS, DOORS, FLOORING, AND MILLWORK. (**… |
| FPP-2400799 | Commercial tenant improvement | Finaled | Iss. Mar 25, 2024 | $256,300 | EPC - EXPEDITED - TENANT IMPROVEMENT OF EXISTING OFFICE SPACE TO INCLUDE NEW WALLS, DOORS, FLOORING, AND MILLWORK. NEW … |
| FPP-2400800 | Remodel / interior alteration | Void | App. Jan 11, 2024 | $256,300 | TENANT IMPROVEMENT OF EXISTING OFFICE SPACE TO INCLUDE NEW WALLS, DOORS, FLOORING, AND MILLWORK. NEW UPGRADES TO COMMO… |