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$1,000,000   Price Analysis
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707-709 E St
Sacramento, CA 95814
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.34 acre lot.
Listed 2024-04-03
Ⓧ USDA Ineligible
due to property

near Sacramento

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 and 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 steps away to The Railyards master planned development, including recently complted 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!


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Property MLS #224032037 from MetroList

Lot Description: Public Trans Nearby, Security Gate, Flag, Sidewalk(s), Storm Drain(s), Street Light(s)
Lot Size Acres: 0.3381
Topography: Level
Lot Size Square Feet: 14728

Road Frontage Type: City Street

View: Downtown

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: Sacramento Unified
High School District: Sacramento Unified
Middle or Junior School District: Sacramento Unified

Washington Elementary is a public elementary school located approximately 0.8 miles away.
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Miwok Middle is a public middle school located approximately 1.9 miles away.
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C. K. Mcclatchy High School is a public high school located approximately 2.7 miles away.
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Mustard Seed School is a private elementary and middle school located approximately 0.7 miles away.
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Business Type: Residential, Commercial, Single Family, Subdivision

Source Listing Status: Active
County: Sacramento
Cross Street: 7th Street
Directions: North on 8th Street, left on E Street
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Source Property Type: Land
Possible Use: Vacant
Area: Sacramento Downtown/Midtown
Source Neighborhood: 10814
Parcel Number: 002-0105-013
Postal Code Plus 4: 1208
Street Suffix Modifier: 709
Zoning: RMU
Zoning Description: Residential, Single-Family, Mixed, Multi-Residential
Property Subtype: Residential Lot
Source System Name: C2C

Listed 2024-04-03
$1,000,000
MetroList

Irrigation Source: Public

Sewer: Public Sewer
Public
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.