1056 Walter AVE new Save Request In-Person Tour Request Virtual Tour
Tustin,CA 92780
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
Year Built 2025
Lot Size 7,313 Sqft
Property Sub-Type Single Family Residence
Property 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.
Location
State CA
County Orange
Area 71 - Tustin
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
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
Building
Lot Description Corner Lot
Dwelling Type House
Story 1
Sewer Public Sewer
Water Public
New Construction Yes
Schools
School District Tustin Unified
Others
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