$1,650,000
1056 Walter AV
Tustin, CA, 92780
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.
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
Price:
$1,650,000
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
Schools
School District:
Tustin Unified
Interior
Appliances
DW, GR, HOD
Bathrooms
4 Full Bathrooms
Cooling
CA
Flooring
VINY
Heating
CF
Laundry Features
GAS, WH
Exterior
Community Features
SDW
Parking Spots
7
Roof
SHN
Security Features
SD, COD
Financial
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Current real estate data for Single Family in Tustin as of Feb 13, 2026
103
Single Family Listed
47
Avg DOM
335
Avg $ / SqFt
$876,834
Avg List Price
Community
- Address1056 Walter AV Tustin CA
- SubdivisionOther (OTHR)
- CityTustin
- CountyOrange
- Zip Code92780
Similar Listings Nearby
Property Summary
- Located in the Other (OTHR) subdivision, 1056 Walter AV Tustin CA is a Single Family for sale in Tustin, CA, 92780. It is listed for $1,650,000 and features 6 beds, 4 baths, and has approximately 2,300 square feet of living space, and was originally constructed in 2025. The current price per square foot is $717. The average price per square foot for Single Family listings in Tustin is $335. The average listing price for Single Family in Tustin is $876,834. To schedule a showing of MLS#oc25249946 at 1056 Walter AV in Tustin, CA, contact your James Outland agent at 8057482262.
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 James Outland include the name of the listing broker. Neither the listing company nor James Outland 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