1056 Walter Avenue, Tustin, CA 92780
1056 Walter Avenue, Tustin, CA 92780
1056 Walter Avenue, Tustin, CA 92780
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$1,595,000
Est. payment /mo
6 Beds
4 Baths
2,300 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $693

MLS Listing ID OC25249946

Bedrooms 6

Full Baths 4

Year Built 2025

Lot Size 7,314 Sqft

Property Sub-Type Detached

Property Description

CORNER LOT WITH 2-UNITS ON ONE LOT for $797,500 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.

Location

State CA

County Orange

Direction Newport Ave & Walnut Ave

Interior

Interior Features Recessed Lighting

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Linoleum/Vinyl

Fireplace No

Appliance Dishwasher, Gas Range

Laundry Gas, Washer Hookup

Exterior

Parking Features Direct Garage Access, Garage

Garage Spaces 3.0

View Y/N Yes

Water Access Desc Public

View Neighborhood

Roof Type Shingle

Accessibility Parking

Total Parking Spaces 7

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 43207207

Acceptable Financing Cash, Conventional, Exchange, FHA, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, FHA, Cash To New Loan

Special Listing Condition Standard


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MLS Router / San Diego MLS
Listed by Nhi Phan, DRE#02178756 Real Broker 

NEARBY SCHOOL & BUSINESS

Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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1056 Walter Avenue