714-914-4996

1056 Walter Avenue,
Tustin, CA 92780

$1,625,000

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. Market Rent: $4,200/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: $8,090/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.

Basic Information

MLS #:
OC25249946

Price:
$1,625,000

Price
(per sq ft):
$706.00

Address:
1056 Walter Avenue ,
Tustin, CA 92780

MLS Area:
71 - Tustin

Subdivision:
Other (OTHR)

Property
Type:
Single Family Residence

Days on Market:
142

Status:
Active

Bedrooms:
6

Bathrooms:
4

Full Baths:
4

Size (sq ft):
2,300 sq ft

Lot Size:
7,314 sq ft

Year Built:
2025

Sale Type:
Standard

Rooms in Home

Rooms:
Walk-In Closet, Primary Bedroom, Laundry, All Bedrooms Down, Kitchen, Living Room

Eating Area:
Dining Room, In Kitchen

Laundry:
Gas Dryer Hookup, Washer Hookup

Entry Location:
Front Door

Interior Features

Fireplace:
None

Cooling:
Central Air

Heating:
Central

Floor:
Vinyl

Appliances:
Range Hood, Gas Range, Dishwasher

Interior Features:
Quartz Counters, Recessed Lighting, Open Floorplan

Security:
Carbon Monoxide Detector(s), Smoke Detector(s)

Accessibility:
Parking

Garage and Parking

Garage:
Attached

Garage:
3 Spaces

Carport:
0 Spaces

Parking:
Garage, Direct Garage Access, Driveway

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:

School Information

District:
Tustin Unified

Elementary:

Middle:

High:

Exterior Features

Pool:
None

Spa:
None

Patio:

View:
Neighborhood

Construction:

Foundation:

Roof:
Shingle

Windows:

Common Walls:
No Common Walls

Levels:
One

Lot Features:
Corner Lot, Lot 6500-9999

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Sidewalks

Other Structures:

Structure Condition:

Direction Faces:

Listed by:
Real Broker , Nhi Phan , 02178756

Co-Listed:

Last
Updated:
4/7/2026 4:20 PM

1056 Walter Avenue,
Tustin, CA 92780