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.
AGENT: Nhi Phan LISTING BROKERAGE: Real BrokerUnit 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.
Courtesy of Real Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1056 Walter AV
Tustin, CA
Property Details
Price:
$1,625,000
MLS #:
OC25249946
Status:
Active
Beds:
6
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
71tustin
Listed Date:
Dec 6, 2025
Finished Sq Ft:
2,300
Lot Size:
7,314 sqft / 0.17 acres (approx)
Year Built:
2025
See this Listing
Schools
School District:
Tustin Unified
Interior
Appliances
DW, GR, HOD
Bathrooms
4 Full Bathrooms
Cooling
CA
Flooring
VINY
Heating
CF
Interior Features
RECL, OFP, QTZC
Laundry Features
GAS, WH
Levels
A
Main Level Bathrooms
4
Main Level Bedrooms
6
Exterior
Accessibility Features
PK
Attached Garage YN
1
Common Walls
NCW
Community Features
SDW
Garage Spaces
3
New Construction YN
1
Parking Spots
7
Parking Total
7
Roof
SHN
Security Features
SD, COD
Spa Features
NO
View
NE
Financial
Map
Community
- Address1056 Walter AV Tustin CA
- SubdivisionOther (OTHR)
- CityTustin
- CountyOrange
- Zip Code92780
