628 E 3rd Street, Bakersfield, CA 93307, Bakersfield, 93307 - 2 bed, 1 bath
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628 E 3rd Street
Bakersfield, CA 93307
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
735Sq Ft
18,294Lot Size
Property Price
LIST PRICE$310,000
SUMMARY
Three separate lots totalling 18,294 sq ft. 0.42 acres with a Single Family Residence on one of the lots. Great Opportunity for an Investor or Developer! R1 Zoning with ADU Authorization Each lot offers 6,098 sq.ft ADU Ready for detached or attached Accessory Dwelling Unit construction. Flexibility: Ideal for rental yield, guest cottage, or dedicated work-from-home sanctuary.Lot Advantage: Ample outdoor footprint to build while preserving private backyard space.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.Home is vacant.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1947 (77 years old) with no evidence of renovations, this property is marketed primarily for its land value and development potential across three lots. The interior shows significant neglect, including damaged flooring and dated fixtures, while the exterior and site conditions suggest the structure is a candidate for removal to facilitate new construction.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18294, living area = 735.
- Development Potential
The offering includes three separate contiguous lots totaling 18,294 sq. ft., providing a rare and significant opportunity for investors or developers to maximize land use in a single acquisition.
- ADU Authorization
Zoned R1 with specific authorization for Accessory Dwelling Units on each lot, the property offers exceptional flexibility for increasing rental yield or creating a multi-unit residential compound.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18294, other record lot size in square feet = 6098.
- Minimal Living Area
The primary structure is very small at only 735 sq. ft., which may limit its utility for traditional homebuyers and places the bulk of the property's value on the land rather than the dwelling.
- Aging Infrastructure
Built in 1947, the original home likely requires significant modernization or capital expenditure to meet current market standards and building codes.
About 628 E 3rd Street
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 18,294 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 735 | 1,656.81 |
| Lot Size | 18,294 | 8,069.772 |
| Price | $310.0K | $414.9K |
| Price per sq ft | $422 | $246 |
| Built year | 1947 | 1986 |
| HOA | $0 | $180 |
| Days on market | 7 | 65 |
Pricing History
Listed for Sale
Oct 17, 2026
$310,000
Initial Listing