1056 Walter Avenue, Tustin, CA 92780 - Photo 1 of 39, Tustin, CA
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$1,625,000

1056 Walter Avenue, Tustin, CA 92780

6Beds
4Baths
2,300Sq Ft
7Parking
2025Built
176Days Listed

About This Property

CORNER LOT WITH 2-UNITS ON ONE LOT for $825,000 Each Unit In the heart of Tustin. Dont 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.

Property Location

Map

Property Details

Property Type
Detached
Bedrooms
6
Bathrooms
4
Building Area
2,300 Sqft
Living Area
2,300 sqft
Year Built
2025
Stories
1.0
Status
Active
Days on Market
176
Cumulative Days on Market
170
Original Price
$1,650,000
MLS Number
OC25249946

Location & Neighborhood

What's nearby 1056 Walter Avenue, Tustin, CA 92780

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

Grocery

POI data updated 3/31/2026

Price History

$1,625,000

Apr 2, 2026

$25,000

-1.5%

Original List Price

$1,650,000

Tustin Market Snapshot

108

Active Listings

$1178K

Median Price

50

Avg Days on Market

Last updated: Apr 29, 2026

Listed by

Nhi Phan, Real Broker · 714-823-1972 · MLS# OC25249946

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.

$1,625,000