924 Arden Way
Sacramento 95815 · Erikson Industrial Park · City of Sacramento · Coordinates: 38.60551, -121.44554
Executive Verdict · Public-Records Synthesis
Zoned M-1 in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $347,000 ($305,000–$389,000).
Upsides & Opportunities
- ✓ Above-average reinvestment in Erikson Industrial Park
8 substantial renovation & housing permits over 24 months (44.0 per 1,000 parcels vs. 30.4 citywide baseline) (#80 of 102 neighborhoods).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (Erikson Industrial Park)
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: Darina Apartments (0.38 mi NW, 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 (~$4,406/yr at $347,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$367/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:
- 33,033 sq ft (0.76 ac)
- Assessor use:
- Retail / Commercial · Large Retail · Discount
- Tax rate area:
- 03349
- Addresses on lot:
- 924 ARDEN WAY
Zoning & Land Use
M-1 — Light Industrial Zone (I)
2040 General Plan: Residential Mixed Use (FAR up to 4)
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 06067C0177J, 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: $305,000 – $389,000 · 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
- Darina Apartments (Entitled)0.38 mi NW
In "Entitled" for 7.1 yr (since Oct 8, 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 (14 housing units, $1,500,000 declared valuation across 1 permit).
- Basin Apartments (Fee estimate)0.48 mi E
In "Fee estimate" for 5 yr (since Oct 29, 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 (300 housing units, $75,000,000 declared valuation across 1 permit).
- Apartments on Del Paso Blvd- BUILDING A (In review)0.4 mi NW
In "In review" for 21 mo (since Jan 31, 2025), 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, $374,500 declared valuation across 2 permits).
- Arden Garden LLC (Entitled)0.46 mi SW
In "Entitled" for 4.5 yr (since May 24, 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 (6 housing units across 0 permits).
Entity-resolved builders & contractors in ½ mile: Integrity Pacific Builders (21 in ½ mi · New single-family home); Read Construction (17 in ½ mi · Commercial tenant improvement); Descor (9 in ½ mi · Commercial tenant improvement); Icon General Contractors (8 in ½ mi · Commercial tenant improvement); Dynamic Trades (5 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (0 permits, 0 grouped projects)
No building permits recorded on this parcel in our dataset.