709 E Street, Sacramento, CA 95814

The property consists of 14,728 square feet of land centrally located at the northeast corner of 7th Street and E Street. It comprises four parcels in the City of Sacramento, presenting a prime development opportunity with viable options for a project. These include a high-density residential multifamily or mixed-use project, or a single-family for-sale subdivision. Under the new 2040 General Plan, effective March 28, 2024, the property has been upzoned to Residential Mixed Use (RMU) with a Maximum Floor Area Ratio (FAR) of 15, potentially allowing for a building of over 220,000 square feet. The property is situated in a desirable residential neighborhood, within walking distance of dining, shopping, entertainment, and transit. Located in the epicenter of Downtown Sacramento, it is near The Railyards master-planned development, including the Wong Center Senior Apartments and The A.J. Luxury Apartments, with the proposed Kaiser Hospital underway. The property is a few blocks from 16th Street and 12th Street, two main arterial streets of Downtown, and 12 blocks from the Golden 1 Center, DOCO, K Street nightlife, restaurants, and major employment centers. The property offers walkability to most of the urban core, without sacrificing ancillary parking options, privacy, or noise. It is a high-density infill development site with flexible zoning that offers numerous potential projects and proximity to The Railyards, Golden 1 Center, DOCO, Amtrak Sacramento Valley Station, and the new Sacramento County Courthouse. The property is near many significant infill development sites, with walking and biking access to midtown and downtown amenities.