628 E 3rd Street
Bakersfield, CA, 93307
$350,000
MLS: V1-35813
Beds
3
Baths
1
Sq Ft
735
Lot
0.02 ac
Year Built
1947
MLS #
V1-35813
Days on Market
2
Listed
Apr 15, 2026
Description
HUGE Lot! Great Opportunity for an Investor or Developer!This property features a single-family home approximately 735 sq. ft. with 3 bedrooms and 1 bathroom, situated on a 6,098 sq. ft. lot. In addition to the main residence, two adjacent vacant lots--each also 6,098 sq. ft.--are included in the sale. Combined, all three parcels total approximately 18,294 sq. ft., offering ample potential for investors or developers to explore future development or expansion possibilities.Conveniently located and full of potential, this is a rare chance to acquire multiple contiguous lots in one offering.Buyer to verify all information, including lot size, zoning, and intended use with the appropriate city and county agencies.House is currently occupied by tenants who are not authorized to live in the home. Property to be sold with current occupants in possession and subject to those tenants rights. Owner may not be able to evict prior to close of escrow. Owner is currently working with eviction attorney.DO NOT DISTURB TENANTS
Location
Bakersfield, Kern County, CA 93307
Open on Google Maps ↗Listed by: Veronica Hotchkiss · Comfort Real Estate Services
Payment estimate
$2,731
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $35,000 · Loan: $315,000
- Principal & Interest
- $1,935
- Property tax (1.25%)
- $365
- Homeowners insurance
- $300
- Mortgage insurance
- $131
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Bakersfield home with as little as 3.5% down using an FHA loan — roughly $12,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Bakersfield, CA 93307 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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