1401 L St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.57684, -121.48830
Executive Verdict · Public-Records Synthesis
Zoned C-3-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $633,000 ($557,000–$709,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$39,802 contributory est.)
Public building records show issued construction/renovation work on this parcel (45 total permits, latest Mar 27, 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 (210 ft NE, 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 (~$7,666/yr at $633,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$639/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:
- 37,418 sq ft (0.86 ac)
- Assessor use:
- Office · Office (General) · Multiple Stories
- Tax rate area:
- 03187
- Addresses on lot:
- 1401 L ST; 1415 L ST; 1415 L ST STE 1000 STE 1000
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: $557,000 – $709,000 · 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)210 ft NE
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).
- 16th & J MIXED USE (Entitled)0.21 mi NE
In "Entitled" for 4.5 yr (since May 26, 2022), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (200 housing units across 0 permits).
- Jefferson Block - Multi Family Building (Fee estimate)0.23 mi SE
In "Fee estimate" for 4.8 yr (since Jan 18, 2022), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (102 housing units, $31,412,511 declared valuation across 4 permits).
- Juno Mixed-Use (In review)0.24 mi E
In "In review" for 9.6 yr (since Apr 18, 2017), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (198 housing units, $55,118,716 declared valuation across 11 permits).
Entity-resolved builders & contractors in ½ mile: Icon General Contractors (12 on parcel, 171 in ½ mi · Commercial tenant improvement); Jones And Lamberti Builders (6 on parcel, 28 in ½ mi · Commercial tenant improvement); Swinerton Builders (2 on parcel, 8 in ½ mi · Commercial tenant improvement); Ti Builders (2 on parcel, 8 in ½ mi · Commercial tenant improvement); Champas Construction (3 on parcel, 8 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (45 permits, 0 grouped projects)
Showing 15 most recent permits| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| FPP-2604011 | Commercial tenant improvement | Finaled | Iss. Mar 27, 2026 | $117,619 | EPC - EXPEDITED - FPP SUITE 620, TENANT IMPROVEMENT. MINOR DEMO, NEW INTERIOR PARTITIONS W/RELATED ELEC, MECH, FS & FA. |
| FPP-2510624 | Commercial tenant improvement | Finaled | Iss. Jun 25, 2025 | $139,673 | EPC - EXPEDITED - FPP TENANT IMPROVEMENT EXPANSION, MINOR DEMO, NEW INTERIOR PARITIONS, ELEC, MECH, SPRINKLER/ALARM. |
| COM-2505059 | Plan revision / deferred submittal | Complete | App. Mar 13, 2025 | — | EPC - Revision to COM-2424083.Revision and updates to Fire alarm plans. Extending the existing fire alarm system by addi… |
| COM-2424083 | Commercial tenant improvement | Finaled | Iss. Mar 7, 2025 | $1,200,000 | EPC - Suite 600: Remodel on the 6th floor (3491 sf), scope of work includes building out 5 offices, 1 conference room, o… |