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1056 Walter
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+50
For Sale

1056 Walter

1056 Walter Avenue, Tustin, California, 92780

$1,625,000

Bedrooms

6

Bathrooms

4

Living

2,300 sqft

Lot Size

7,314 sqft

Garage

2

About This Property

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.

Property Details

Bedrooms

6

Bathrooms

4

Living

2,300 sqft

Lot Size

7,314 sqft

Garage

2

HOA

None

Location

Units

ADU

unit
3 Bed2 Bath1,150 sqft

Mainhouse

unit
3 Bed2 Bath1,150 sqft
Listing Price

$1,625,000

1056 Walter Avenue, Tustin, California, 92780

For Sale
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