2445 Albatross Way
Sacramento 95815 · Swanston Estates · City of Sacramento · Coordinates: 38.61074, -121.42438
Executive Verdict · Public-Records Synthesis
Zoned M-1 in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $390,000 ($343,000–$437,000).
Upsides & Opportunities
- ✓ 8 documented municipal building permits on file
On-parcel permit history is indexed through Jul 23, 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: 0.2% annual chance flood hazard (shaded X))
about 16% of the lot of the parcel intersects Zone X: 0.2% annual chance flood hazard (shaded X). 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 (0.28 mi N, 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 (~$4,896/yr at $390,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$408/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:
- 20,820 sq ft (0.48 ac)
- Assessor use:
- Industrial · Multi-tenant · Office / Warehouse
- Tax rate area:
- 03129
- Addresses on lot:
- 2445 ALBATROSS WAY; 2445 ALBATROSS WAY STE 101 STE 101; 2445 ALBATROSS WAY STE 103 STE 103
Zoning & Land Use
M-1 — Light Industrial Zone (I)
2040 General Plan: Employment Mixed Use (FAR up to 2)
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: 0.2% annual chance flood hazard (shaded X) (about 16% of the lot); Zone X: reduced flood risk due to levee (about 84% 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: $343,000 – $437,000 · Status: Off market
HUD Small Area FMR (ZIP 95815) · FY 2026
Studio $1,440 · 1BR $1,510 · 2BR $1,860 · 3BR $2,480 · 4BR $2,850
Developments Deserving Closer Investigation & Active Area Builders
- Glenrose Townhomes Time Extension (Entitled)0.28 mi N
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).
- 17th & S Street Mixed Use (Entitled)0.32 mi SW
In "Entitled" for 5.3 yr (since Aug 3, 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 (47 housing units across 0 permits).
- Villa of Ethan (Entitled)0.25 mi E
In "Entitled" for 4.2 yr (since Sep 9, 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 (5 housing units across 0 permits).
- New home at 2390 Connie Dr (Fee estimate)0.21 mi SE
In "Fee estimate" for 5.2 yr (since Sep 8, 2021), exceeding the 45d median and 184d 90th percentile for new single-family home permits in City of Sacramento (n=3,657).
Entity-resolved builders & contractors in ½ mile: Caliber Novaa (2 on parcel, 2 in ½ mi · Commercial tenant improvement); Leo Ramirez Roofing (1 on parcel, 1 in ½ mi · Roof replacement); Epm Electric (1 on parcel, 1 in ½ mi · Fire alarm / sprinkler); Signal Service (1 on parcel, 1 in ½ mi · Fire alarm / sprinkler); Brown Construction (11 in ½ mi · New multifamily / condos / mixed-use).
Permit & Project History on This Parcel (8 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2614841 | Fire alarm / sprinkler | Finaled | Iss. Jul 23, 2026 | $8,975 | EPC - Modification of an Existing Sprinkler Monitoring System |
| COM-2612504 | Plan revision / deferred submittal | Complete | App. Jun 16, 2026 | — | EPC - REVISION TO COM-2519705: The new electric sub-panel is relocated into the Electrical Room to match field conditio… |
| COM-2608690 | Plan revision / deferred submittal | Complete | App. Apr 30, 2026 | — | EPC - REVISION TO COM-2519705: Increasing the height of incinerator vent stack/chimney to 41.7 AFF to comply with the Ai… |
| COM-2604430 | HVAC / heat pump | Issued | Iss. Apr 14, 2026 | $25,000 | EPC - AC Unit Replacement OF 5 OF 6 EXISTING UNITS WITH NEW. SEE COM-2519705 FOR REMODEL OF EXISTING SPACE. |
| COM-2607166 |