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Single Family Residence in Tustin, CA

$1,650,000 Get Pre-Approved

1056 Walter Avenue, Tustin, CA, 92780

Description

Bedroom

6 Rooms

Bathroom

4 Baths

Square Foot

2300 Ft

Lot Size

7314.00 Acres

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.

Location
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Tustin Expert Agent

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Additional Listing Details:

14 days on HouseJet

Last Refresh: 11/27/2025 12:00:02 PM UTC

MLS #: OC25249946

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Agents: Is This Your Listing?

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Listing Agent

Nhi Phan

License # 02178756

Smart Real Estate Solutions

Phone: 619-663-8680