700 L St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.57877, -121.49818
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
- ✓ 9 documented municipal building permits on file
On-parcel permit history is indexed through Dec 13, 2024, letting you verify roof, HVAC, electrical, or structural work against seller disclosures.
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: 800 K Mixed Use (0.11 mi 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 (~$7,153/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:
- 22,400 sq ft (0.51 ac)
- Assessor use:
- Office · Bank · Multiple Stories
- Tax rate area:
- 03187
- Addresses on lot:
- 700 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: $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
- 800 K Mixed Use (Fee estimate)0.11 mi NE
In "Fee estimate" for 9.7 yr (since Feb 16, 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 (92 housing units, $20,222,208 declared valuation across 1 permit).
- Canopy Hotel (In review)0.12 mi E
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).
- 218 new homes at 930 K St (Fee estimate)0.2 mi E
In "Fee estimate" for 7.8 yr (since Jan 18, 2019), 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, $49,590,693 declared valuation across 1 permit).
- Homecoming at Creekside South (Entitled)0.22 mi SE
In "Entitled" for 7.9 yr (since Jan 3, 2019), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (120 housing units across 0 permits).
Entity-resolved builders & contractors in ½ mile: Schwager Davis (7 on parcel, 7 in ½ mi · Fire alarm / sprinkler); Jh Bryant Jr (1 on parcel, 1 in ½ mi · General repair); Icon General Contractors (232 in ½ mi · Commercial tenant improvement); Browning Construction (66 in ½ mi · Commercial tenant improvement); Bt Builders (59 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (9 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2425116 | Fire alarm / sprinkler | Finaled | Iss. Dec 13, 2024 | $28,000 | EPC - Install new fire alarm panel for the new fire sprinkler system (COM-2404386) |
| COM-2404386 | Fire alarm / sprinkler | Finaled | Iss. Sep 4, 2024 | $265,000 | EPC - Install new fire sprinkler system and underground water service line. New Sprinklers on all floors of existing 4 s… |
| COM-2404400 | Fire alarm / sprinkler | Void | App. Feb 29, 2024 | $65,000 | Void, all work on COM-2404386. EPC - Shared Plans with COM-2404386. Underground water service piping and related work fo… |
| COM-2304110 | Fire alarm / sprinkler | Expired Application | App. Mar 2, 2023 | $28,000 | EPC - Install new fire alarm system for the new fire sprinkler system issued under permit COM-2216173 |
| COM-2303396 |