1600 Challenge Way
Sacramento 95815 · Point West · City of Sacramento · Coordinates: 38.59561, -121.42757
Executive Verdict · Public-Records Synthesis
Zoned SC-R-PUD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $389,000 ($342,000–$436,000).
Upsides & Opportunities
- ✓ 1 documented municipal building permit on file
On-parcel permit history is indexed through Mar 21, 2019, 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)
- ! Delayed or open permit activity on this parcel
Mixed-Use Student Housing/Hotel: In "Fee estimate" for 7.6 yr (since Mar 21, 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 (33 housing units, $10,172,244 declared valuation across 1 permit).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! 4 slow or stalled nearby projects within ½ mile
Closest lead: The Palms 25 Unit Building (0.47 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 (~$4,885/yr at $389,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$407/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:
- 31,320 sq ft (0.72 ac)
- Assessor use:
- Retail / Commercial · Restaurant · Fast Food Service
- Tax rate area:
- 03073
- Addresses on lot:
- 1600 CHALLENGE WAY; 1801 EXPOSITION BLVD
Zoning & Land Use
SC-R-PUD — Shopping Center Zone (C)
2040 General Plan: Residential Mixed Use (FAR up to 4)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUUnlikely
Zoned SC (commercial): the zone doesn't allow homes, so state ADU rules don't apply.
- SB 9: two homes on the lotUnlikely
Zoned SC (commercial), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned SC (commercial), 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 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: $342,000 – $436,000 · 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
- Mixed-Use Student Housing/Hotel (Fee estimate)On this parcel
In "Fee estimate" for 7.6 yr (since Mar 21, 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 (33 housing units, $10,172,244 declared valuation across 1 permit).
- The Palms 25 Unit Building (Entitled)0.47 mi W
In "Entitled" for 4.6 yr (since Apr 25, 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 (25 housing units, $7,125,000 declared valuation across 15 permits).
- Sleep Number Store (Fee estimate)0.23 mi E
In "Fee estimate" for 4.3 yr (since Aug 1, 2022), exceeding the 241d median and 498d 90th percentile for new commercial / non-residential building permits in City of Sacramento (n=150). High-impact scale ($1,400,000 declared valuation across 3 permits).
- Panera Bread on Arden (Fee estimate)0.23 mi E
In "Fee estimate" for 9.9 yr (since Dec 9, 2016), exceeding the 241d median and 498d 90th percentile for new commercial / non-residential building permits in City of Sacramento (n=150). High-impact scale ($2,000,000 declared valuation across 2 permits).
Entity-resolved builders & contractors in ½ mile: Kf Development And Construction (128 in ½ mi · Commercial tenant improvement); Phoenix Builders (41 in ½ mi · Commercial tenant improvement); Kaiser Foundation Health Plan (26 in ½ mi · Commercial tenant improvement); Icon General Contractors (24 in ½ mi · Commercial tenant improvement); Horizon Retail Construction (8 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (1 permits, 1 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-1904960 | New multifamily / condos / mixed-use | Estimate | App. Mar 21, 2019 | $10,172,244 | FEE ESTIMATE ONLY. New 4-story, ±66,073 SF, 33 unit mixed-use building with basement parking. Includes 33 1-bed/studio … |