Capitol Mall # 310
Sacramento 95814 · Old Sacramento · City of Sacramento · Coordinates: 38.58037, -121.50587
Executive Verdict · Public-Records Synthesis
Zoned C-3-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $837,000 ($737,000–$937,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$277,102 contributory est.)
Public building records show issued construction/renovation work on this parcel (39 total permits, latest Apr 6, 2026).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (parcel APN)
- ✓ Above-average reinvestment in Old Sacramento
12 substantial renovation & housing permits over 24 months (85.7 per 1,000 parcels vs. 30.4 citywide baseline) (#25 of 102 neighborhoods).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (Old Sacramento)
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: 27 Story Residential Mixed Use (500 ft S, 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 (~$9,992/yr at $837,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$833/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:
- 24,157 sq ft (0.55 ac)
- Assessor use:
- Office · Office (General) · Multiple Stories
- Tax rate area:
- 03269
- Addresses on lot:
- 1 CAPITOL MALL; 1 CAPITOL MALL STE 101 STE 101; 1 CAPITOL MALL STE 240 STE 240
Zoning & Land Use
C-3-SPD — Central Business District Zone (C)
2040 General Plan: Residential Mixed Use (FAR up to 2)
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 (all of the lot) · FIRM panel 06067C0160J, 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: $737,000 – $937,000 · 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
- 27 Story Residential Mixed Use (Fee estimate)500 ft S
In "Fee estimate" for 5.3 yr (since Aug 11, 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 (231 housing units, $112,000,000 declared valuation across 3 permits).
- 301 Capitol Mall (Fee estimate)0.14 mi E
In "Fee estimate" for 9.8 yr (since Jan 27, 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 (100 housing units, $200,000,000 declared valuation across 1 permit).
- Sacramento Commons - Capitol Towers Estimate (Fee estimate)0.39 mi SE
In "Fee estimate" for 10.7 yr (since Mar 3, 2016), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (218 housing units, $39,082,146 declared valuation across 1 permit).
- R St Apartments (Fee estimate)0.49 mi S
In "Fee estimate" for 3.9 yr (since Jan 3, 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 (300 housing units, $85,000,000 declared valuation across 1 permit).
Entity-resolved builders & contractors in ½ mile: Icon General Contractors (2 on parcel, 88 in ½ mi · Commercial tenant improvement); Marketone Builders (6 on parcel, 45 in ½ mi · Commercial tenant improvement); Jones And Lamberti Builders (8 on parcel, 41 in ½ mi · Commercial tenant improvement); Ap Thomas Construction (3 on parcel, 11 in ½ mi · Commercial tenant improvement); Ti Builders (4 on parcel, 8 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (39 permits, 0 grouped projects)
Showing 15 most recent permits| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| FPP-2604533 | Commercial tenant improvement | Finaled | Iss. Apr 6, 2026 | $151,508 | EPC - EXPEDITED - FPP, TENANT EXPANSION STE 310, INTERIOR DEMO, NEW PARTITIONS, W/RELATED ELEC, MECH, FS, FA |
| FPP-2602052 | Plan revision / deferred submittal | Complete | App. Feb 1, 2026 | — | EPC - EXPEDITED - REVISION TO FPP2522392: ADD NEW WALL/DOOR/CARD READER AT OPEN OFFICE AREA. CONF WALL TO BE FULL HEIGH… |
| FPP-2522392 | Commercial tenant improvement | Finaled | Iss. Nov 20, 2025 | $128,306 | EPC - EXPEDITED - FPP - SUITE 240 TENANT EXPANSION, NEW INTERIOR PARTITIONS, MINOR DEMO, W/RELATED ELEC, MECH, FS AND F… |
| COM-2500170 | HVAC / heat pump | Finaled | Iss. Mar 11, 2025 | $40,000 | EPC - Remove / replace (2) boilers only |