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1056 Walter Ave
For Sale $1,650,000 ($717.39 per Sq Ft)
$1,650,000 ($717.39 per Sq Ft)
- 6 Bedrooms
- 4 Bathrooms
- 2,300 Sq Ft
- 7,314 Sq Ft
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. 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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,650,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 2,300 |
| Number of Stories | 1 stories |
| Parking Spots | 3 spots |
| Year Built | 2025 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 43207207 |
| MLS # | OC25249946 |
| Property ID | 321278826 |
| Lot Sqft | 7,314 |
| Zoning | Unknown |
| Total Units | 2 |
| Days on Market | 82 |
| Original List Price | $1,650,000 |
| Applicances | Dishwasher,Gas Range,Range Hood% |
| Date Updated | December 06, 2025 |
| Date Created | November 07, 2025 |
Listing Provided By
Nhi Phan an agent of . Lic #02178756
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 06, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT