2901 K St
Sacramento 95816 · Midtown / Winn Park / Capital Avenue · City of Sacramento · Coordinates: 38.57276, -121.46745
Executive Verdict · Public-Records Synthesis
Zoned TC-SPD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $761,000 ($670,000–$852,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$3,795 contributory est.)
Public building records show issued construction/renovation work on this parcel (14 total permits, latest Mar 4, 2025).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (parcel APN)
- ✓ Above-average reinvestment in Midtown / Winn Park / Capital Avenue
89 substantial renovation & housing permits over 24 months (52.9 per 1,000 parcels vs. 30.4 citywide baseline) (#3 of 102 neighborhoods).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (Midtown / Winn Park / Capital Avenue)
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)
- ! Delayed or open permit activity on this parcel
Sign (SIG-1605666): Issued after 3 mo (5.2× the 19d median) — slower than 90% of sign permits in City of Sacramento (median 19d, 90th pct 76d, n=1,075).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! 5 slow or stalled nearby projects within ½ mile
Closest lead: Hattie's House (0.22 mi SW, entitled). 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 (~$9,125/yr at $761,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$760/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:
- 108,900 sq ft (2.50 ac)
- Assessor use:
- Retail / Commercial · Store / Office Combo · Multi-Tenant
- Tax rate area:
- 03005
- Addresses on lot:
- 2901 K ST; 2901 K ST STE 100 STE 100; 2901 K ST STE 120 STE 120
Zoning & Land Use
TC-SPD — Transportation Corridor Zone (O)
2040 General Plan: Public/Quasi-Public
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUCan't tell
Zoned TC (other): ADUs are allowed if the zone allows a home, which depends on the zone's rules.
- SB 9: two homes on the lotUnlikely
Zoned TC (other), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned TC (other), 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: $670,000 – $852,000 · Status: Off market
HUD Small Area FMR (ZIP 95816) · FY 2026
Studio $2,120 · 1BR $2,220 · 2BR $2,730 · 3BR $3,630 · 4BR $4,190
Developments Deserving Closer Investigation & Active Area Builders
- Hattie's House (Entitled)0.22 mi SW
In "Entitled" for 3.1 yr (since Oct 6, 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 (24 housing units across 0 permits).
- Accessory dwelling unit at 1301 32nd St (In review)0.29 mi SE
In "In review" for 12 mo (since Nov 13, 2025), exceeding the 45d median and 184d 90th percentile for new single-family home permits in City of Sacramento (n=3,657). project_name changed to "GARAGE CONVERSION TO ADU" in snapshot Nov 1, 2026.
- Sign (SIG-1605666) (Finaled)On this parcel
Issued after 3 mo (5.2× the 19d median) — slower than 90% of sign permits in City of Sacramento (median 19d, 90th pct 76d, n=1,075).
- 2415 K Street Duplexes (Entitled)0.39 mi W
In "Entitled" for 17 mo (since Jun 6, 2025), exceeding the 210d median and 365d 75th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (20 housing units across 0 permits).
Entity-resolved builders & contractors in ½ mile: Icon General Contractors (1 on parcel, 10 in ½ mi · Commercial tenant improvement); Olson Construction (1 on parcel, 5 in ½ mi · Commercial tenant improvement); Wells Construction (3 on parcel, 3 in ½ mi · Commercial tenant improvement); Solace Enterprises (2 on parcel, 2 in ½ mi · HVAC / heat pump); Air Cool Heating And Cooling (1 on parcel, 1 in ½ mi · Roof replacement).
Permit & Project History on This Parcel (14 permits, 1 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| SIG-2503007 | Sign | Expired Permit | Iss. Mar 4, 2025 | $8,000 | install 1 LED ILLUMINATED WALL SIGN AS PER ATTACHED PLANS "CAPITAL OBGYN" |
| SIG-2225375 | Sign | Expired Permit | Iss. Dec 2, 2022 | $4,000 | Installation of 2 electrical signage illuminated with LEDs onto the front of the building. |
| SIG-2211164 | Sign | Expired Permit | Iss. Jun 14, 2022 | $9,500 | Install updated signage--smaller than existing--1 set of halo lit channel letters 112/25 sq ft (previous sign for 3 line… |
| COM-2124184 | Demolition | Finaled | Iss. Dec 8, 2021 | $2,500 |