415 P St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.57593, -121.50351
Executive Verdict · Public-Records Synthesis
Zoned H-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $593,000 ($522,000–$664,000).
Upsides & Opportunities
- ✓ 9 documented municipal building permits on file
On-parcel permit history is indexed through Jul 18, 2025, 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: R St Apartments (0.23 mi SW, 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 (~$7,210/yr at $593,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$601/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:
- 57,499 sq ft (1.32 ac)
- Assessor use:
- Care / Health · Retirement Home
- Tax rate area:
- 03009
- Addresses on lot:
- 415 P ST; 415 P ST APT 201 APT 201; 415 P ST APT 202 APT 202
Zoning & Land Use
H-SPD — Hospital Zone (O)
2040 General Plan: Residential Mixed Use (FAR up to 15)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUUnlikely
Zoned H (public / institutional): the zone doesn't allow homes, so state ADU rules don't apply.
- SB 9: two homes on the lotUnlikely
Zoned H (public / institutional), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned H (public / institutional), 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 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: $522,000 – $664,000 · 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
- R St Apartments (Fee estimate)0.23 mi SW
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).
- 27 Story Residential Mixed Use (Fee estimate)0.24 mi NW
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).
- 3S Mixed-Use (Entitled)0.31 mi SW
In "Entitled" for 6.6 yr (since Mar 24, 2020), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (190 housing units across 0 permits).
- Kind Project (Entitled)0.38 mi SE
In "Entitled" for 4.9 yr (since Dec 15, 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 (72 housing units across 0 permits).
Entity-resolved builders & contractors in ½ mile: Carson Services (1 on parcel, 2 in ½ mi · Commercial tenant improvement); Armstrong Plumbing (2 on parcel, 2 in ½ mi · General repair); Nor Cal Roofing (1 on parcel, 1 in ½ mi · Roof replacement); Two Rivers Roofing (1 on parcel, 1 in ½ mi · Roof replacement); Western States Fire Protection (1 on parcel, 1 in ½ mi · Fire alarm / sprinkler).
Permit & Project History on This Parcel (9 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2515148 | Plan revision / deferred submittal | Complete | App. Jul 18, 2025 | — | EPC - Electrical has been updated to show three (3) 200A, 208/120V single phase panels per inspector request. |
| COM-2415603 | Commercial tenant improvement | Expired Permit | Iss. Nov 20, 2024 | $225,000 | MULTI-FAMILY HOUSING - EPC - Interior remodel of all 30 studio units (units 501-530) on 5th floor to include: convert tu… |
| COM-2420154 | Roof replacement | Finaled | Iss. Sep 11, 2024 | $237,642 | E-Permit: Tear Off - Yes, Resheet - No, 2 layer(s), 176 squares of TPO Single Ply. CRRC: 0738-0002 |
| SIG-2409666 | Sign | Finaled | Iss. May 16, 2024 | $11,000 | Installation of (1) qty. non-illuminated freestanding monument sign |
| COM-2410253 |