1056 Walter Avenue

  • $1,625,000
Tustin, California
Active
1056 Walter Avenue
Tustin, California
  • $1,625,000

Overview

  • Residential
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • 3
  • Garages
  • 2300
  • Sqft
  • 513522
  • Property ID

Description

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

Updated on May 11, 2026 at 2:27 am
Listed by Nhi Phan, Real Broker
  • Property ID: 513522
  • Price: $1,625,000
  • Property Size: 2300 Sqft
  • Land Area: 7314 Square Feet
  • Bedrooms: 6
  • Bathrooms: 4
  • Garages: 3
  • Year Built: 2025
  • Property Type: Residential
  • Property Status: Active

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