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For Sale
$1,625,000
Est. $9,100/mo1056 Walter Avenue, Tustin, CA 92780
bed
6
Bedrooms
bathtub
4
Bathrooms
square_foot
2,300
Square Feet
About this home
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.
Property Facts
bed
Bedrooms
6
bathtub
Bathrooms
4
square_foot
Square Feet
2,300
landscape
Lot Size
7,314 sqft
calendar_month
Year Built
2025
home_work
Property Type
Single Family Residence
timer
Days on Market
163
payments
HOA Fee
N/A
garage
Garage Total
3
fingerprint
MLS #
OC25249946
Interior Details
General Interior
Interior Features
Separate Formal Dining Room, Eat In Kitchen, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Walk In Closets
Flooring
Vinyl
Accessibility
Parking
Kitchen & Appliances
Appliances
Dishwasher, Gas Range, Range Hood
Laundry
Washer Hookup, Gas Dryer Hookup
Bed & Bath
Main Level Bedrooms
6
Main Level Bathrooms
4
Climate Control
Cooling
Central Air
Heating
Central
Parking
Total Parking Spaces
7
Garage Spaces
3
Open Parking Spaces
4
Attached Garage
Yes
Parking Features
Direct Access, Driveway, Garage
Exterior & Lot
Building & Construction
Security
Carbon Monoxide Detectors, Smoke Detectors
Roof
Shingle
Lot & Grounds
Lot Features
Corner Lot
Sewer
Public Sewer
Water Source
Public
Community & HOA
Association Info
Community Features
Sidewalks
Mortgage Calculator
Total Monthly
$0
Principal & Interest:
$0Property Tax:
$0Home Insurance:
$0HOA Fees:
$0$
$
%
Nearby Schools
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Convenience Score
Market Insights
92780|Tustin
analytics
Estimated Value
Calculating...
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202120222023202420252026
Market Temperature
Seller'sBalancedBuyer's
0d30d60d180d
Balanced
Balanced market
30 Days
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
flood
Flood & Climate Risk
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
volume_up
Noise Levels
TrafficQuiet residential street
AirportMinimal airport noise
CommercialLow commercial activity nearby
streetview
Open Full Street Viewopen_in_newStreet View
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