1500 5th St
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.57634, -121.50313
Executive Verdict · Public-Records Synthesis
Zoned C-2-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $653,000 ($575,000–$731,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$60,201 contributory est.)
Public building records show issued construction/renovation work on this parcel (6 total permits, latest Jun 24, 2024).
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: 27 Story Residential Mixed Use (0.22 mi NW, 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 (~$7,894/yr at $653,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$658/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:
- 33,600 sq ft (0.77 ac)
- Assessor use:
- Office · Large Single Tenant · Multiple Stories
- Tax rate area:
- 03009
- Addresses on lot:
- 1500 5TH ST; 1504 5TH ST
Zoning & Land Use
C-2-SPD — General Commercial 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-2 (commercial): the zone doesn't allow homes, so state ADU rules don't apply.
- SB 9: two homes on the lotUnlikely
Zoned C-2 (commercial), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned C-2 (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 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: $575,000 – $731,000 · 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)0.22 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).
- R St Apartments (Fee estimate)0.27 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).
- 3S Mixed-Use (Entitled)0.34 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)0.4 mi S
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: Icon General Contractors (3 on parcel, 158 in ½ mi · Commercial tenant improvement); Tech (1 on parcel, 1 in ½ mi · Fire alarm / sprinkler); Aircon Energy (1 on parcel, 1 in ½ mi · Remodel / interior alteration); Sacramento Control (1 on parcel, 1 in ½ mi · Fire alarm / sprinkler); Browning Construction (63 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (6 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2412979 | Remodel / interior alteration | Expired Permit | Iss. Jun 24, 2024 | $50,497 | EOTC - Commercial HVAC, replacement of a secondary redundant cooling system for a server room. The existing 4-ton Liebe… |
| COM-2201354 | Fire alarm / sprinkler | Finaled | Iss. Feb 7, 2022 | $600 | EPC - Installing New GSM Cellular Communicator to Existing Sprinkler Monitoring System. |
| COM-1903144 | Remodel / interior alteration | Finaled | Iss. Mar 12, 2019 | $82,500 | Provide new braces and new anchors at existing raised access floor pedestal bracing on the second floor |
| COM-1901044 | Remodel / interior alteration | Finaled | Iss. Jan 23, 2019 | $5,000 | EXPEDITED - Removal of existing, first floor , Storefront exterior door and INFILL the space with an STOREFRONT WINDOW t… |