500 N St # 703
Sacramento 95814 · Downtown · City of Sacramento · Coordinates: 38.57716, -121.50096
Executive Verdict · Public-Records Synthesis
Zoned R-5-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $415,000 ($365,000–$465,000).
Upsides & Opportunities
- ✓ 3 documented municipal building permits on file
On-parcel permit history is indexed through Mar 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: 27 Story Residential Mixed Use (0.27 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 (~$5,181/yr at $415,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$432/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:
- —
- Assessor use:
- Residential · Single Family · Condominium
- Tax rate area:
- 03009
- Addresses on lot:
- 500 N ST # 703 # 703
Zoning & Land Use
R-5-SPD — High-Rise Residential Zone (R)
2040 General Plan: Residential Mixed Use (FAR up to 15)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUCan't tell
This is a condominium unit: an ADU here would be a building-wide project that needs the association.
- SB 9: two homes on the lotUnlikely
This is a condominium unit: SB 9 applies to a whole lot.
- SB 9: split into two lotsUnlikely
This is a condominium unit: SB 9 applies to a whole lot.
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: $365,000 – $465,000 · 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
Nearby Activity (½ mile radius, since November 2024)
13 active or recent development projects (616 housing units across completed, permitted, and pipeline stages) and 521 total building permits recorded within ½ mile.
- New construction6 permits (319 units)
- Adds housing (ADU)3 permits (5 units)
- Demolition3 permits
- Additions & renovations173 permits
- Building systems183 permits
- Repairs21 permits
- Other132 permits
Developments Deserving Closer Investigation & Active Area Builders
- 27 Story Residential Mixed Use (Fee estimate)0.27 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).
- Canopy Hotel (In review)0.29 mi NE
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).
- R St Apartments (Fee estimate)0.39 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).
- Kind Project (Entitled)0.43 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: Brower Mechanical CA (1 on parcel, 1 in ½ mi · HVAC / heat pump); Boyd Plumbing (1 on parcel, 1 in ½ mi · Plumbing / water heater / sewer); Blusky Restoration Contractors (1 on parcel, 1 in ½ mi · Plumbing / water heater / sewer); Icon General Contractors (227 in ½ mi · Commercial tenant improvement); Marketone Builders (68 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (3 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2505314 | HVAC / heat pump | Finaled | Iss. Mar 18, 2025 | $11,400 | REMOVE/REPLACE HVAC HEAT PUMP FAU LIKE FOR LIKE. Carbon monoxide & Smoke alarms required. Reference CRC sections R315 & … |
| COM-2308841 | Plumbing / water heater / sewer | Finaled | Iss. May 3, 2023 | $2,000 | REMOVE AND REPLACE SHOWER PAN DUE TO PLUMBING LEAK. Carbon monoxide & Smoke alarms required. Reference CRC sections R315… |
| COM-2003355 | Plumbing / water heater / sewer | Finaled | Iss. Feb 26, 2020 | $2,957 | Change-out installation of Electric - 040 gallon to Electric - 040 gallon, located inside building, screening not requir… |