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402 South Harvard Street, Hemet, CA 92543

$500K3bd · 2ba · 2,700 sqft
Lot 12,632 sqft•Single Family Residence•
Active
•21d on market•MLS# SW-26173307

Property Description

ARE OPPORTUNITY IN THE HEART OF HEMET! MULTIGENERATIONAL LIVING & INVESTMENT POTENTIAL! Imagine the possibilities of having family close by, creating a space for loved ones to gather, or investing in a property that offers flexibility for years to come! Welcome to 402 S Harvard Street, a truly unique property offering privacy, versatility, and an opportunity that's becoming increasingly difficult to find. Situated on a spacious lot, this property features a charming 3 bedroom, 2 bathroom main residence with approximately 1,600 square feet of comfortable living space. The home offers a functional layout, fresh exterior paint, a roof approximately five years old, and a newer HVAC system, providing valuable improvements for the next owner. What makes this property truly special is the approximately 1,100-square foot detached metal building, complete with its own separate entrance and garage access. This additional structure opens the door to so many possibilities! Whether your vision is to create a private space for extended family, accommodate multiple generations, establish a home office, build an entertainment retreat, or explore future rental income potential, the opportunity to customize this space is yours. The detached structure allows the next owner to bring their vision to life. Much of the groundwork has already been completed! The property features brand new concrete along the side yard, beautiful exterior lighting, and pre-run water, gas, and electrical infrastructure to support future improvements. Privacy is another standout feature, with a concrete perimeter wall, security gates, and separate access that help create a sense of independence and separation between spaces. Beautiful mature landscaping adds warmth and character, while the generous lot provides ample parking and outdoor space for gatherings, entertaining, or simply enjoying time with family. For buyers dreaming of keeping loved ones close while maintaining their own space, or investors searching for a property with unique possibilities, this is one worth exploring! Conveniently located near shopping, dining, schools, parks, and everyday amenities, 402 S Harvard Street brings together location, flexibility, and tremendous potential. Properties offering this combination of space, privacy, existing improvements, and future possibilities don't come around often. Bring your vision and discover what makes this opportunity so special!

Features & Amenities

FeeBuilt 1989

Property Details

Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
City
Hemet
Zip Code
92543
County
Riverside
Listed byeXp Realty of Southern California, Inc., Christian Rios

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,528.22
Principal & Interest
Loan Amount
$399,992
Total Interest
$510,168
Total Payment Over 30 Years
$910,160
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

402 South Harvard Street, Hemet, CA 92543

Hemet · Single Family Residence

$530K
Residential Tier
Beds
3
Baths
2
Sqft
2,700
Lot
12,632 sqft
Year
1989
$/Sqft
$196
Pool: No✓
Garage: 2-car✓

Listed 10.4% above the median closed sale of $479,900. Price per sqft ($196) is a 29% discount to closed comps ($276). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $530K· $196/sqft
Total list price
Closed comps
vs closed median $480K
+$50K (+10.4%)
Active comps
vs active median $480K
+$50K (+10.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $292
−$96 (−32.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
236 San JacintoHemet1949321,58313,939$300$474,5004077
771 De Passe WayHemet2002321,6547,405$290$479,9005776
845 San Jacinto StreetHemet2022321,6727,405$284$475,0004574
310 WesternHemet2026321,7628,712$312$549,95029872
797 S Juanita StHemet1975331,94010,019$273$529,0006672
Total: 5 · Average3.02.21,722.29,496$291.8$501,670101.2
Median1,672$479,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
709 CarolHemet198605/20/2026321,5009,583$439,000$455,000$3031.042881
591 JuanitaHemet196905/27/2026321,77022,216$499,900$489,000$2760.983377
490 Janeva CourtHemet196309/18/2026432,1636,534$467,900$479,900$2221.037177
331 ThompsonHemet192509/23/2026321,5769,583$468,999$469,900$2981.007977
1509 LucerneHemet200004/16/2026321,7597,405$489,999$489,999$2791.007375
Total: 5 · Average3.22.21,753.611,064.2$476,759.8$476,759.8$275.6—56.8
Median1,759$479,900$479,900

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.