1056 Walter Avenue, Tustin, California 92780
  • $1,595,000
  • $1,625,000

Overview

Property ID: OC25249946
  • Single Family Residence, Residential
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • 3.0
  • Garages
  • 2025
  • Year Built

Description

CORNER LOT WITH 2-UNITS ON ONE LOT for $825, 000 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.

  • Address: 1056 Walter Avenue
  • City: Tustin
  • State/county: CA
  • Zip/Postal Code: 92780
  • Area: Other
  • Country: US

Details

Updated on June 30, 2026 at 9:28 pm
  • Property ID OC25249946
  • Price $1,595,000
  • Land Area 0.1679 Acres
  • Bedrooms 6
  • Bathrooms 4
  • Garages 3.0
  • Year Built 2025
  • Property Type Single Family Residence, Residential
  • Property Status Active

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
  • Roof Shingle
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • Flooring Vinyl
  • County Orange
  • Property Type Residential
  • Pool None
  • Parking Direct Access, Driveway, Garage
  • Community Features Sidewalks

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