Sacramento 95814 · Downtown · APN 006-0223-021-0000 · City of Sacramento
Since October 2024 within ½ mile: 239 homes completed, 242 permitted, 566 proposed or in review (373 of them deed-restricted affordable); 2 demolitions; 4 commercial or mixed-use projects.
22 projects with a record in this window, grouped by us from permits and State housing reports. Units are as proposed on each project's latest record and counted at its current stage.
683 permits within ½ mile since October 2024
The map shows new construction, ADUs, demolitions, additions, and renovations. Routine systems work (roofs, HVAC, water heaters) is counted but not mapped. Unit counts are as stated on permits.
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · Geography: permits located by parcel, ½ mile radius · Source updated Oct 1, 2026 · Retrieved Oct 22, 2026
$582,000
Benchmark range: $512,000 – $652,000
Public-records benchmark estimate combining Zillow Home Value Index (Data provided by Zillow), Census ACS 5-year estimates, parcel land-use/lot characteristics, and issued building permits. Not an official appraisal.
Permit counts, by the date issued (or applied, if not yet issued). Lot splits are planning cases, which we don't have.
We read public zoning and hazard maps against state law (ADUs: Gov. Code 66314; SB 9: Gov. Code 65852.21 and 66411.7). Local rules, title, tenancy history and site conditions can change the answer. Check with City of Sacramento's planning department before relying on it.
Sources: City of Sacramento CDD, Zoning (retrieved Oct 22, 2026) · CAL FIRE Office of the State Fire Marshal, Fire Hazard Severity Zones in the State Responsibility Area (effective 2024-04-01) (retrieved Oct 26, 2026) · CAL FIRE Office of the State Fire Marshal, Fire Hazard Severity Zones in the Local Responsibility Area (map dated 2025-03-24) (retrieved Oct 26, 2026) · FEMA, National Flood Hazard Layer — flood hazard zones (retrieved Oct 26, 2026) · FEMA, National Flood Hazard Layer — FIRM panels (retrieved Oct 26, 2026) · California Geological Survey, Alquist-Priolo Earthquake Fault Zones (retrieved Oct 26, 2026) · Zoning classes: our classification of R-5 as multifamily residential, checked against the zone description on Oct 24, 2026
Chronological history of building permit applications and issuances, snapshot-dated status changes, State housing entitlements, surrounding development within ½ mile, and area home-value trends.
In "Entitled" for 4.9 yr (since Dec 2, 2021), with no new permit record in 4.9 yr. · 24 units
In "Fee estimate" for 4.8 yr (since Jan 18, 2022), with no new permit record in 4.7 yr. · 102 units · $31,412,511 declared valuation
In "Entitled" for 4.4 yr (since May 26, 2022), with no new permit record in 4.4 yr. · 200 units
In "Fee estimate" for 4.3 yr (since Jul 27, 2022), with no new permit record in 4.3 yr. · 23 units · $9,000,000 declared valuation
In "Fee estimate" for 4.9 yr (since Dec 14, 2021), with no new permit record in 4.1 yr. · 65 units · $11,767,265 declared valuation
In "Fee estimate" for 4.1 yr (since Oct 4, 2022), with no new permit record in 4.1 yr. · 33 units · $9,380,000 declared valuation
Nearby permit (084d3ddcce49f64f7a1c712c63560a51e6c33d71): First appeared in published agency feed
Detected between snapshots
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · Snapshot diff within ½ mile
Nearby permit (306bba86249c7d230d23f9b0db0f13cb06014680): First appeared in published agency feed
Detected between snapshots
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · Snapshot diff within ½ mile
Latest published Zillow Home Value Index (ZHVI) update
Changed from $532,465 in September 2025 to $516,174 in September 2026.
Source: Zillow Home Value Index (ZHVI) · Data provided by Zillow · Geography: ZIP 95814 (not a parcel appraisal)
1524 Q St · 1 unit · $55,840 valuation
Records span Apr 19, 2024 to Sep 2, 2026 (4 permits).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
Commercial tenant improvement permit issued (COM-2612677)
1332 N ST - STE 103 - INTERIOR TENANT IMPROVEMENT
EPC - Tenant Improvement Plan for ground floor of the mixed use property know as Cypress Apartments · Declared valuation: $49,375
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · Geography: parcel
1629 J St · 198 units · $55,118,716 valuation
Records span Apr 18, 2017 to Jun 30, 2026 (11 permits).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
Commercial tenant improvement permit application filed (COM-2612677)
1332 N ST - STE 103 - INTERIOR TENANT IMPROVEMENT
EPC - Tenant Improvement Plan for ground floor of the mixed use property know as Cypress Apartments · Declared valuation: $49,375
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · Geography: parcel
1910 15th St · 1 unit · $191,179 valuation
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
1518 Q St · 2 units · $211,584 valuation
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
1917 15th St · 2 units · $400,000 valuation
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
1923 15th St · 1 unit · $71,419 valuation
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
96 housing units completed (CYPRESS - Mixed-Use)
Reported in 2025 Housing Element Annual Progress Report
5+ · Renter
Source: California HCD, Housing Element Annual Progress Report — Table A2 · Geography: parcel
1514 Solons Aly · 2 units · $292,799 valuation
Records span Jun 20, 2023 to Oct 2, 2025 (2 permits).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
1518 Solons Aly · 2 units · $292,799 valuation
Records span Jun 21, 2023 to Oct 2, 2025 (2 permits).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
Cross-referenced intelligence from our historical development graph—connecting parcels, permits, entity-resolved builders, empirical review-time distributions, and neighborhood renovation trends.
Explore full City of Sacramento development graph →Active in "Fee estimate" for 4.8 yr (first record Jan 18, 2022) with no new permit activity recorded in 4.7 yr. High-impact scale (102 housing units, $31,412,511 declared valuation across 4 permits).
Active in "Fee estimate" for 3.3 yr (first record Jul 13, 2023) with no new permit activity recorded in 3.3 yr. High-impact scale (28 housing units, $175,000,000 declared valuation across 1 permit).
High-impact scale (96 housing units, $25,926,740 declared valuation across 17 permits).
Active in "Entitled" for 4.9 yr (first record Dec 2, 2021) with no new permit activity recorded in 4.9 yr. High-impact scale (24 housing units across 0 permits).
Active in "Entitled" for 4.4 yr (first record May 26, 2022) with no new permit activity recorded in 4.4 yr. High-impact scale (200 housing units across 0 permits).
Active in "Fee estimate" for 4.9 yr (first record Dec 14, 2021) with no new permit activity recorded in 4.1 yr. High-impact scale (65 housing units, $11,767,265 declared valuation across 2 permits).
Substantial improvements (additions, interior remodels, ADUs, commercial TI, and new builds) across 1,421 parcels
−13.8% YoY
City baseline: 30.6 / 1k
162 in trailing 24m
Includes 3 ADUs
HUD Small Area Fair Market Rent · ZIP 95814
HUD FY 2026 · 40th-percentile gross rentCensus ACS 5-year median gross rent (all bedroom counts combined):
Area home-value benchmarks (not an appraisal)
ZIP & neighborhood mediansUnder California Proposition 13, the seller's historical assessed value does not carry over to a buyer. On sale, the parcel is reassessed at the purchase price: 1.00% base rate ($5,800/yr) + local voter-approved bond debt ($812/yr) + fixed direct levies/Mello-Roos ($450/yr).
Insurance & hazard context:
−$24,499/yr
Cash needed: $127,600
NOI: $10,695/yr
P&I: $2,933/mo
For $0/mo net cash flow
At $2,125/mo rent
| Scenario | Assumptions | Year 1 Rent | Year 1 Cash Flow | Cash-on-Cash | Break-Even Rent | Year 5 Cash Flow |
|---|---|---|---|---|---|---|
| Conservative | −8% starting rent, +3% vacancy, +3% combined maintenance/CapEx, 1.5%/yr rent growth | $1,955/mo | −$2,286/mo | -21.5% | $5,146/mo | −$2,262/mo |
| Base (your inputs) | Your entered assumptions, 3.0%/yr rent growth | $2,125/mo | −$2,042/mo | -19.2% | $4,763/mo | −$1,898/mo |
| Optimistic (cap-limited) | +6% starting rent, 3% vacancy, 4.5%/yr rent growth (capped by local ordinance ceiling of 8.6%/yr) | $2,253/mo | −$1,901/mo | -17.9% | $4,652/mo | −$1,620/mo |
Rental regulatory context (informational only — not legal advice):
California AB 1482 (Tenant Protection Act, Civ. Code § 1947.12) caps annual rent increases at 5% + local CPI (max 10%) on covered properties. In City of Sacramento: Sacramento Tenant Protection Program (City Code Ch. 5.156) — 5% + CPI (8.6% cap effective July 1, 2026) for covered pre-1995 multifamily units. Official program rules ↗
Finaled / completed96 unitsMar 3, 2020 – Oct 20, 2025
We group related permits and State housing reports into projects. That grouping is our inference, not an official record.
1332 N ST - STE 103 - INTERIOR TENANT IMPROVEMENT
EPC - Tenant Improvement Plan for ground floor of the mixed use property know as Cypress Apartments
Cypress- Revised Ground Floor Units
EPC - Revision to (COM-2208625) two ground floor live/work units to two apartment units.
Cypress- Revised Fire Alarm
EPC - Revision to (COM-2208625) fire alarm. Deferred fire was reviewed under COM-2301605).
Cypress- Revised PLANS
EPC - Revision to (COM-2208625) pool equipment room with metal stud framing, utility sink and new light, etc. Please see the APP file.
Cypress- Revised PLANS and Details (3)
EPC - Revisions to (COM-2208625) various plans and details. See APP file for description of changes. No changes have been made to the overall square footage or the valuation of the project.
Cypress- Mezzanine and Roof Trusses
EPC - Deferred submittal for (COM-2208625) mezzanine and roof trusses at Cypress.
Cypress - Revised Plans #4
EPC - Revisions to (COM-2208625) various plans and details. See attached description of changes. No changes have been made to the overall square footage or the valuation of the project.
Cypress- EBM Systems
EPC - Deferred submittal to (COM-2208625) install emergency building maintenance system.
Cypress- Revised Plans and Details (2)
EPC - Revisions to (COM-2208625, COM-2319911) various sections of the PLANS and details. See attached detailed description of changes in the APP file.
Cypress- Trusses
EPC - Deferred submittal to (COM-2208625) install trusses for levels 4-7.
Commercial Pool at Cypress Apartment
EPC - New pool installation (882 SF) at Cypress Apartment (COM-2208625) that is equipped with new variable speed pumps, LED pool lights, cartridge filter, ADA hand rails, etc. - PLNG-INSP
Cypress- Revised PLANS and Details
EPC - Revisions to (COM-2208625) various sections of the PLANS and details. See attached detailed description of changes in the APP file.
CYPRESS - Revision #1 TO COM-2208625
EPC - Revision to COM-2208625, scope includes various detail adjustments, updates to transformer room, elevator adjustments, etc. See attached detailed description of changes.
CYPRESS - Fire Sprinkler
EPC - Fire sprinkler deferred submittal for 98 unit apartment building with parking garage and two retail spaces. Also includes an office, pool, lounge, fitness area and roof terrace.
CYPRESS - Mixed-Use
EPC - MULTI-FAMILY HOUSING - 156,197 sf gross 8-story (6 Type-IIIA over 2 Type-IA) + basement (parking) mixed-use (M/R-2) 96-unit (21 condo, 73 apt & 2 live/work) retail/residential building with level 2 & 8 terraces + 19,273 sf gross site development - [Concurrent AMMR review under AMR-2204378]
CYPRESS - Fire Alarm
EPC - Deferred to COM-2208625 for fire alarm
CYPRESS - Phased Permit
EPC - Phased Permit from COM-2208625 for associated on-site underground work only - PLNG-INSP
Temp Power Pole for Construction
Install temporary power pole w/ 100A meter for construction of project on separate permit.
Wrecking Permit - Cada Site 21
Demolition of existing 3-story residential building. (Old street address was 1320 N Street, APN 006-0223-003)
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · Geography: parcel (APN) · Source updated Oct 1, 2026 · Retrieved Oct 22, 2026 · Applied and issued dates come from the city's Applied and Issued permit datasets. The city publishes current status without a date, so status changes are dated by the window between our snapshots.
| Report year | Project / record | Type | Entitled | Permitted | Completed | Deed-restricted |
|---|---|---|---|---|---|---|
| 2025 | CYPRESS - Mixed-Use(COM-2208625B) | 5+ · Renter | — | — | 96 (Oct 20, 2025) | — |
| 2023 | CYPRESS - Mixed-Use(COM-2208625A) | 5+ · Renter | — | 77 (Feb 3, 2023) | — | — |
| 2023 | CYPRESS - Mixed-Use(COM-2208625B) | 5+ · Renter | — | 21 (Feb 3, 2023) | — | — |
Source: California HCD, Housing Element Annual Progress Report — Table A2 · Geography: project (parcel) · Retrieved Oct 26, 2026 · From City of Sacramento's Housing Element Annual Progress Reports. A project can appear in several report years as it moves from entitlement to permit to completion.
Source: City of Sacramento CDD, Zoning · Geography: zoning district polygon at parcel point · Source updated Oct 10, 2026 · Retrieved Oct 22, 2026
0.44 acres
Assessor's classification for assessment purposes. This is not zoning.
1320 N ST; 1324 N ST; 1330 N ST
Source: Sacramento County GIS, Parcels · Geography: parcel · Source updated Oct 25, 2026 · Retrieved Oct 25, 2026
Assessed values and limited building characteristics (Sacramento County Assessor)
Current roll value. This is assessed value, not market value.
Search by parcel number 006-0223-021-0000. Shows direct levies and special assessments.
Search the city's permit system by address or record number
The official flood hazard map for this location. Our reading of it is under What could be built here.
This site does not show owner names.