3948 Sherman Way
Sacramento 95817 · Med Center · City of Sacramento · Coordinates: 38.55423, -121.46068
Executive Verdict · Public-Records Synthesis
Zoned R-1 in City of Sacramento with likely ADU & SB 9 infill eligibility and zero mapped flood, fire, or fault hazard overlaps; benchmark value $668,000 ($588,000–$748,000).
Upsides & Opportunities
- ✓ ADU & SB 9 infill pathways screen as likely eligible
Zoned R-1 supports ministerial ADU/JADU review plus SB 9 both two-unit development and ministerial urban lot split on a 4,792 sq ft lot. Local precedent is active with 22 ADU permits within ¼ mile over the last 36 months.
Source: City of Sacramento zoning · CA Gov. Code 66314 & 65852.21
- ✓ Documented permitted upgrades (+$66,276 contributory est.)
Public building records show issued construction/renovation work on this parcel (5 total permits, latest Jun 18, 2024).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (parcel APN)
- ✓ Above-average reinvestment in Med Center
20 substantial renovation & housing permits over 24 months (37.7 per 1,000 parcels vs. 30.4 citywide baseline) (#51 of 102 neighborhoods).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (Med Center)
Watchouts & Due Diligence
- ! Mapped flood awareness zone (Zone X: minimal flood hazard)
all of the lot of the parcel intersects Zone X: minimal flood hazard. 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
Accessory dwelling unit at 3950 Sherman Way A: Active in "Issued" for 5.5 yr (first record May 20, 2021) with no new permit activity recorded in 4.6 yr.
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! 3 slow or stalled nearby projects within ½ mile
Closest lead: Accessory dwelling unit at 3943 Colonial Way (280 ft NW, issued). 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 (~$8,065/yr at $668,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$672/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:
- 4,792 sq ft (0.11 ac)
- Assessor use:
- Residential · Two Family · Duplex
- Tax rate area:
- 03005
- Addresses on lot:
- 3948 SHERMAN WAY; 3950 SHERMAN WAY UNIT A UNIT A; 3950 SHERMAN WAY UNIT B UNIT B
Zoning & Land Use
R-1 — Single-Unit Dwelling Zone (R)
2040 General Plan: Neighborhood (FAR up to 1)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADULikely eligible
Zoned R-1 (single-family residential): state law allows ADUs where homes are allowed.
- SB 9: two homes on the lotLikely eligible
Zoned R-1, a single-family residential zone.
- SB 9: split into two lotsLikely eligible
Zoned R-1, a single-family residential zone. The lot is 4,792 sq ft by the assessor, room for two lots of at least 1,200 sq ft, each at least 40% of the original.
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: minimal flood hazard (all of the lot) · FIRM panel 06067C0190H, effective August 16, 2012
- CGS Alquist-Priolo Earthquake Fault Zone
- Not in an Alquist-Priolo Earthquake Fault Zone
Surrounding Rent & Value Benchmarks (Public Records)
Range: $588,000 – $748,000 · Status: Off market
HUD Small Area FMR (ZIP 95817) · FY 2026
Studio $1,580 · 1BR $1,660 · 2BR $2,040 · 3BR $2,720 · 4BR $3,130
Developments Deserving Closer Investigation & Active Area Builders
- Accessory dwelling unit at 3950 Sherman Way A (Issued)On this parcel
Active in "Issued" for 5.5 yr (first record May 20, 2021) with no new permit activity recorded in 4.6 yr.
- Accessory dwelling unit at 3943 Colonial Way (Issued)280 ft NW
Active in "Issued" for 2.1 yr (first record Oct 1, 2024) with no new permit activity recorded in 17 mo. current_status changed to "Finaled" in snapshot Nov 1, 2026.
- Office Conversion (Issued)0.37 mi SE
Active in "Issued" for 2.8 yr (first record Jan 25, 2024) with no new permit activity recorded in 22 mo. High-impact scale (38 housing units, $3,500,000 declared valuation across 6 permits).
- Accessory dwelling unit (new or conversion) (COM-2110868) (Expired Permit)On this parcel
Issued after 11 mo (3.5× the 97d median) — slower than 90% of accessory dwelling unit (new or conversion) permits in City of Sacramento (median 97d, 90th pct 284d, n=1,693).
Entity-resolved builders & contractors in ½ mile: Huft Heating And Air Conditioning (2 on parcel, 3 in ½ mi · HVAC / heat pump); Veritas Design Build (10 in ½ mi · New single-family home); Alli Construction (10 in ½ mi · New single-family home); Anchored Tiny Homes (10 in ½ mi · Accessory dwelling unit (new or conversion)); Indie Capital Constructors (8 in ½ mi · New single-family home).
Permit & Project History on This Parcel (5 permits, 1 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| RES-2413391 | HVAC / heat pump | Finaled | Iss. Jun 18, 2024 | $18,523 | Change-out Mini-Split System to Mini-Split System. The existing unit shall be removed. The new unit shall be placed in t… |
| RES-2413389 | HVAC / heat pump | Finaled | Iss. Jun 18, 2024 | $18,523 | Change-out Mini-Split System to Mini-Split System. The existing unit shall be removed. The new unit shall be placed in t… |
| COM-2110868 | Accessory dwelling unit (new or conversion) | Expired Permit | Iss. Apr 21, 2022 | $55,000 | EPC - Convert 2 unit Residence to Tri-Plex. Convert attached 349sqft garage to ADU. Work has already been completed wit… |
| RES-2109308 | Accessory dwelling unit (new or conversion) |