1056 Walter Avenue, Tustin, CA 92780

$1,595,000
6
BD
4
BA
2,300
SqFt

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List Price
$1,595,000
Price Change
▼ $30,000 1782873326
Status
ACTIVE
MLS#
OC25249946
Year Built
2025
Bedrooms
6
Bathrooms
4
Living Sq. Ft
2,300
Lot Size
7,314
Acres
0.17
Lot Location
Corner Lot
Days on Market
253
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Other

Property Description

CORNER LOT WITH 2-UNITS ON ONE LOT for $797,500 Each Unit In the heart of Tustin. Don’t miss this opportunity to own a highly desirable property featuring a fully remodeled home and a brand-new construction detached single family home — perfect for investors, 1031 exchange buyers, or owner-occupiers seeking rental income. Unit 1 – BRAND NEW Detached Single Family Home (Built in 2025) - Modern 3 beds / 2 baths 1,150 SF with a 1-car garage plus 1-car driveway parking, Central A/C & Heat. Current Rent: $3,850/month. Unit 2 – Fully Remodeled - Spacious 3 beds / 2 baths approx. 1,150 SF with 2-car garage & 2 car driveway parking, Central A/C & Heat. Current Rent $3,890/month. Total Rental Income: $7,740/month. Separate Water, Gas & Electricity meters – tenants pay all utilities. Each unit features open-concept layouts, modern cabinetry, quartz countertops, high-end appliances, vinyl flooring, Central A/C & Heat, recessed lighting, walk-in closets, and in-unit washer/dryer hookups. With quality renovations and new construction, this is a low-maintenance property for the next 10+ years. Located in a prime Tustin neighborhood close to schools, shopping, dining, and freeway access.

Additional Information

Appliances
Dishwasher, Gas Range, Range Hood
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood
Roof
Shingle
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
School District
Tustin Unified
Interior Features
Separate/Formal Dining Room, Eat-in Kitchen, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Nhi Phan (Nhiprealty@gmail.com) from Listing Office: Real Broker.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.