Property Details
About this Property
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!
MLS Listing Information
MLS #
ME224032037
MLS Source
MetroList Services, Inc.
Days on Site
235
Lots & Land Information
Development Status
None
Lot Description
Flag Lot
Utilities
Public Utilities, Public Utilities, Water - Public
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
RMU
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
707 E St is in Sacramento, CA 95814. This Land is currently priced at $1,000,000. This address can also be written as 707 E St, Sacramento, CA 95814.
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This listing information is up-to-date as of April 03, 2024. For the most current information, please contact Patrick Stelmach, (916) 817-9148
