713 Water Street | MLS #226069558 | RE/MAX California & Hawaii
 
  • 26 days on site
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Rare opportunity to acquire a 0.34-acre (14,810 sq ft) residential parcel zoned R-3 Multifamily. The generous lot size offers excellent potential for future development, investment, or income-producing housing opportunities. Based on current zoning, the property may support up to approximately 17 residential units, subject to city approval and buyer verification of all permitted uses, density requirements, development standards, setbacks, parking requirements, and utility availability. Situated within an established residential area, this property presents a unique chance to capitalize on the continued demand for housing while benefiting from convenient access to local amenities, schools, shopping, dining, downtown Sacramento, and major commuter routes. Whether you're a builder, investor, or developer, this parcel offers flexibility and long-term upside in a growing market.

Source: MetroList MLS, MLS#: 226069558

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  • Property Type
    Land
  • Lot
    0.34 acres

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Inmar Barrera

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 713 Water Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: MetroList MLS Status Change
Active
6/5/2026Source: MetroList MLS Status Change
Pending
6/3/2026Source: MetroList MLS Added to Database
June 03, 2026
1/8/2025Source: MetroList MLS Status Change
Closed
11/19/2024Source: MetroList MLS Status Change
Pending
10/11/2024Source: MetroList MLS Price Reduction
$195,000 -13.3%
9/20/2024Source: MetroList MLS Added to Database
September 20, 2024
Listing provided courtesy of HomeSmart ICARE Realty- MLS# 226069558MLS Provider