Tustin, CA 92780,1056 Walter AVE
Tustin, CA 92780,1056 Walter AVE
Tustin, CA 92780,1056 Walter AVE
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$1,650,000
Est. payment /mo
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6 Beds
4 Baths
2,300 SqFt
New

1056 Walter AVE Tustin, CA 92780

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $717

MLS Listing ID OC25249946

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 2025

Lot Size 7,313 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Orange

Area 71 - Tustin

Rooms

Main Level Bedrooms 6

Interior

Interior Features Separate/Formal Dining Room, Eat-in Kitchen, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Range, Range Hood

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Direct Access, Driveway, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Shingle

Accessibility Parking

Total Parking Spaces 7

Private Pool No

Building

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction Yes

Schools

School District Tustin Unified

Others

Senior Community No

Tax ID 43207207

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Special Listing Condition Standard


CRMLS – RECore
Listed by Nhi Phan Real Broker 714-823-1972

GET MORE INFORMATION

Andre Hobbs

Andre Hobbs

San Diego Broker | Military Veteran | License ID: 01485241

+1(619) 349-5151

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1056 Walter AVE