1209 L St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.57753, -121.49072
Executive Verdict · Public-Records Synthesis
Zoned C-3-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $588,000 ($517,000–$659,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$56,459 contributory est.)
Public building records show issued construction/renovation work on this parcel (15 total permits, latest Jul 22, 2026).
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: Convention Center Hotel (0.16 mi E, fee estimate). 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 (~$7,153/yr at $588,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$596/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:
- —
- Assessor use:
- Residential · Hotel
- Tax rate area:
- 03187
- Addresses on lot:
- 1109 12TH ST; 1115 12TH ST; 1200 K ST # 4 # 4
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: $517,000 – $659,000 · 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
- Convention Center Hotel (Fee estimate)0.16 mi E
In "Fee estimate" for 3.3 yr (since Jul 13, 2023), exceeding the 241d median and 498d 90th percentile for new commercial / non-residential building permits in City of Sacramento (n=150). High-impact scale (28 housing units, $175,000,000 declared valuation across 1 permit).
- 1121 I Street Mixed-Use (Entitled)0.23 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).
- 1121 I Street Eight Story Mixed Use (In review)0.25 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).
- 918 J Façade Remodel (Entitled)0.27 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).
Entity-resolved builders & contractors in ½ mile: Phe (1 on parcel, 4 in ½ mi · Remodel / interior alteration); Lawson Mechanical Contractors (1 on parcel, 3 in ½ mi · Commercial tenant improvement); Mars Construction (2 on parcel, 2 in ½ mi · Commercial tenant improvement); Platinum Construction And Development (1 on parcel, 2 in ½ mi · Commercial tenant improvement); Cw Horton General Contractor (1 on parcel, 1 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (15 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2615677 | Plan revision / deferred submittal | Complete | App. Jul 22, 2026 | $500 | EPC - Revision to COM-2511516. As-built updates to previously submitted plans. Narrative of changed included in APP file… |
| COM-2511516 | Fire alarm / sprinkler | Finaled | Iss. Jul 10, 2025 | $1,000,000 | EPC - Area of work- 614,000 SF. Recommissioning of existing Smoke Control System includes replacement of equipment as ne… |
| SIG-2205095 | Sign | Finaled | Iss. Mar 10, 2022 | $4,300 | Install one (1) Illuminated wall sign. |
| COM-2021838 | Plumbing / water heater / sewer | Finaled | Iss. Nov 24, 2020 | $8,500 | Replace 6-feet of broken 4" cast iron pipe to grease interceptor. If work is required within City Right of Way, the A… |
| COM-1913810 |