707 E Street, Sacramento, CA

$1,000,000

14,728

Square feet

0.34

Acres

About 707 E Street

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!

Facts & Features

MLS® # 224032037
Listed Price $1,000,000
Square Footage 14,728
Acres 0.34
Type Land
Sub-Type Residential Lot
Status Active

Community Information

Address 707 E Street
Area 10814
City Sacramento
County Sacramento
State CA
Zip Code 95814-1208

Amenities

Utilities Public

Exterior

Lot Description Public Trans Nearby,Security Gate,Flag,Sidewalk(s),Storm Drain(s),Street Light(s)

School Information

District Sacramento Unified
Elementary Sacramento Unified
Middle Sacramento Unified
High Sacramento Unified

Lot Information

Septic Fields Public Sewer
Water Public
Development Status None

Additional Information

Date Sold April 2nd, 2024
Zoning Residential,Single-Family,Mixed,Multi-Residential
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCBRE Inc.

Listing Map

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