SoldAug 19, 2026

Listed by Nhi Phan

, 

Bought with Laine Warthan

Source: California Regional Multiple Listing Service, Inc #OC25249946

1056 Walter Avenue, Tustin, CA, 92780

$1,575,000

6
4
7
2300 sq. ft.
7314 sq. ft.

SingleFam

•

30+ days on the market

Sold: Aug 19, 2026

What's around 1056 Walter Avenue

About this property

CORNER LOT WITH 2-UNITS ON ONE LOT for $797,500 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.

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