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1056 Walter Ave

tustin, CA 92780

$1,625,000

  • 6 BR
    4 BA
    approx. 2,300 SF

Interested? Let's Connect

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.

Details

2,300 Sq Ft

7,314 Sq Ft Lot Size

single family home

Built in 2025

MLS/Listing ID OC25249946

1 Stories

2 Units

Amenities & Features

Walk-in Closets

Vinyl

Cooling - Central Air

Community - Sidewalks

Dishwasher

Gas Range

Range Hood

Parking

Public Water

Public Sewer

Shingle

Neighborhood View

Parking - Direct Access

Parking - Driveway

Parking - Garage

Lot - Corner Lot

Gas Dryer Hookup

Washer Hookup

All Bedrooms Down

Eat-in Kitchen

Open Floor Plan

Quartz Countertops

Recessed Lighting

Separate Formal Dining Room

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

HOME PRICE
DOWN PAYMENT
TERM
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