2715 Cleo Way
Sacramento 95821 · Swanston Estates · City of Sacramento · Coordinates: 38.61544, -121.42014
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 $471,000 ($414,000–$528,000).
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 10,454 sq ft lot. Local precedent is active with 9 ADU permits within ¼ mile over the last 36 months.
Source: City of Sacramento zoning · CA Gov. Code 66314 & 65852.21
- ✓ 5 documented municipal building permits on file
On-parcel permit history is indexed through May 17, 2024, 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: 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)
- ! 6 slow or stalled nearby projects within ½ mile
Closest lead: Glenrose Townhomes Time Extension (0.21 mi W, 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 (~$5,819/yr at $471,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$485/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:
- 10,454 sq ft (0.24 ac)
- Assessor use:
- Residential · Low Rise Apartment
- Tax rate area:
- 03402
- Addresses on lot:
- 2715 CLEO WAY; 2719 CLEO WAY; 2723 CLEO WAY
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 10,454 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 06067C0181H, 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: $414,000 – $528,000 · Status: Off market
HUD Small Area FMR (ZIP 95821) · FY 2026
Studio $1,540 · 1BR $1,620 · 2BR $1,990 · 3BR $2,650 · 4BR $3,050
Developments Deserving Closer Investigation & Active Area Builders
- Glenrose Townhomes Time Extension (Entitled)0.21 mi W
In "Entitled" for 6.7 yr (since Mar 10, 2020), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (22 housing units across 0 permits).
- Marconi Ridge Apartments (In review)0.4 mi N
In "In review" for 4.4 yr (since Jun 28, 2022), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (11 housing units, $2,000,000 declared valuation across 1 permit).
- Marconi Ridge Apartments (Entitled)0.43 mi N
In "Entitled" for 7 yr (since Nov 12, 2019), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (11 housing units across 0 permits).
- Marconi Avenue Multi-Unit Complex (Entitled)0.3 mi NE
In "Entitled" for 2.9 yr (since Dec 7, 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 (8 housing units across 0 permits).
Entity-resolved builders & contractors in ½ mile: American Standards Heating And Air (4 on parcel, 4 in ½ mi · Electrical / panel); Ferrand Construction (7 in ½ mi · Commercial tenant improvement); William Construction (3 in ½ mi · Demolition); Richard Sanders General Contractor (2 in ½ mi · Addition (adds square footage)); Jagir Investments (2 in ½ mi · Accessory dwelling unit (new or conversion)).
Permit & Project History on This Parcel (5 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| RES-2410869 | Electrical / panel | Finaled | Iss. May 17, 2024 | $1,650 | E-Permit: existing panel 100 Amps - Overhead service, new main panel 100 Amps, New Install weather head/masthead work, m… |
| RES-2410867 | Electrical / panel | Finaled | Iss. May 17, 2024 | $4,020 | E-Permit: existing panel 100 Amps - Overhead service, new main panel 100 Amps, New Install weather head/masthead work, m… |
| RES-2410860 | Electrical / panel | Finaled | Iss. May 17, 2024 | $2,599 | E-Permit: existing panel 100 Amps - Overhead service, new main panel 100 Amps, Reuse Existing weather head/masthead work… |
| RES-2409032 | Electrical / panel | Finaled | Iss. Apr 25, 2024 | $2,949 | E-Permit: existing panel 100 Amps - Overhead service, new main panel 100 Amps, New Install weather head/masthead work, i… |