$1,575,000

1056 Walter Avenue, Tustin CA, 92780

Price per sqft$684.78

Built in2025

Property size2,300 sqft

Property typeResidential

Bought with Laine Warthan with eXp Realty of California Inc. and Listed by Nhi Phan CA DRE# 02178756 with Real Broker 714-823-1972

Overview

Sold

Closed

Listed Nov 11, 2025

Updated Aug 21

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

Additional information

MLS^® ID: OC25249946

Interior Features

Bedrooms: 6
Bathrooms: 4
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.17 Acres

Other Property Details

Garage: Yes
View: Yes
New Construction: Yes
55+/Senior Community: No

Also listed on CLAW

Bought with Laine Warthan with eXp Realty of California Inc. and Listed by Nhi Phan CA DRE# 02178756 with Real Broker 714-823-1972

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/21/2026. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/21/2026 at 3:04 AM UTC Last Checked: 3:04 AM UTC