198 Opportunity St Unit 4
Sacramento 95838 · Norwood Tech · City of Sacramento · Coordinates: 38.63973, -121.46282
Executive Verdict · Public-Records Synthesis
Zoned M-1S-PUD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $393,000 ($334,000–$452,000).
Upsides & Opportunities
- ✓ 1 documented municipal building permit on file
On-parcel permit history is indexed through Aug 31, 2026, letting you verify roof, HVAC, electrical, or structural work against seller disclosures.
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (parcel APN)
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: New home at 5 Brookbay Way (0.44 mi SW, 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 (~$4,930/yr at $393,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$411/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:
- 6,187 sq ft (0.14 ac)
- Assessor use:
- Industrial · Warehouse · Incubator
- Tax rate area:
- 03254
- Addresses on lot:
- 198 OPPORTUNITY ST UNIT 4 UNIT 4; 3951 DEVELOPMENT DR # 31 # 31
Zoning & Land Use
M-1S-PUD — Light Industrial Zone (I)
2040 General Plan: Employment Mixed Use (FAR up to 1)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUUnlikely
Zoned M-1 (industrial): the zone doesn't allow homes, so state ADU rules don't apply.
- SB 9: two homes on the lotUnlikely
Zoned M-1 (industrial), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned M-1 (industrial), 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 06067C0064J, 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: $334,000 – $452,000 · Status: Off market
HUD Small Area FMR (ZIP 95838) · FY 2026
Studio $1,610 · 1BR $1,690 · 2BR $2,080 · 3BR $2,770 · 4BR $3,190
Nearby Activity (½ mile radius, since November 2024)
66 active or recent development projects (65 housing units across completed, permitted, and pipeline stages) and 267 total building permits recorded within ½ mile.
- New construction49 permits (48 units)
Developments Deserving Closer Investigation & Active Area Builders
- New home at 5 Brookbay Way (Issued)0.44 mi SW
Active in "Issued" for 4.9 yr (first record Dec 7, 2021) with no new permit activity recorded in 17 mo. current_status changed to "Expired Permit" in snapshot Nov 1, 2026.
- New home at 3836 Zapata St (Issued)0.4 mi W
Active in "Issued" for 19 mo (first record Apr 23, 2025) with no new permit activity recorded in 17 mo.
- New home at 3841 Zapata St (Issued)0.42 mi W
Active in "Issued" for 4.5 yr (first record May 19, 2022) with no new permit activity recorded in 17 mo.
- New home at 3705 Milltall Way (Issued)0.43 mi SW
Active in "Issued" for 15 mo (first record Aug 7, 2025) with no new permit activity recorded in 14 mo.
Entity-resolved builders & contractors in ½ mile: Golden Aire (1 on parcel, 1 in ½ mi · HVAC / heat pump); Cec 1 (106 in ½ mi · New single-family home); Walter Weston Keusder (37 in ½ mi · New single-family home); Bullard (20 in ½ mi · Addition (adds square footage)); Forest Services (5 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (1 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2619035 | HVAC / heat pump | Issued | Iss. Aug 31, 2026 | $25,346 | HVAC C/O TRANE 7.5 TON PACKAGE SYSTEM LIKE FOR LIKE. The existing unit shall be removed. The new unit shall be placed in… |