709 E ST Active Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95814
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224032037
HOA Y/N No
Originating Board MLS Metrolist
Lot Size 0.338 Acres
Acres 0.3381
Property Description
HIGH-DENSITY INFILL DEVELOPMENT SITE IN DOWNTOWN SACRAMENTO. 7E is 14,728 square feet / .388 acre of land centrally located on northeast corner 7th St & E St. Four (4) parcels in the City of Sacramento are prime development opportunity with many viable options: multifamily apartments, mixed-use project, or single family for sale subdivision. There is a possible assemblage opportunity with available sites nearby. Under the new General Plan, the Property has been upzoned to Residential Mixed Use (RMU) and Maximum Floor Area Ratio (FAR) of 15, allowing for a building area 15 times the lot area, equates to 220,920 SF. Highly desirable, historic Alkali Flat residential neighborhood is the ideal setting for development. The Property is walking distance to dining, shopping, entertainment, and transit. In the epicenter of Downtown, it is just steps away to The Railyards master planned development, including recently completed Wong Center Apartments, The A.J. Luxury Aparments, Golden1 Center (GO KINGS!), Downtown Commons (DOCO), K Street nightlife, Amtrak Station, and the new proposed Kaiser Hospital underway. The Property provides walkability to most of the urban core, without sacrificing ancillary parking options, privacy, or noise. Make your mark on Downtown!
Location
State CA
County Sacramento
Area 10814
Zoning RMU
Direction North on 8th Street, left on E Street
Exterior
Utilities Available Public
Water Access Desc Public
View Downtown
Topography Level
Road Frontage City Street
Building
Lot Description Public Trans Nearby,Security Gate,Flag,Sidewalk(s),Storm Drain(s),Street Light(s)
Sewer Public Sewer
Water Public
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Senior Community No
Tax ID 002-0105-013
Special Listing Condition Offer As Is