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1056 Walter Av
Tustin, CA 92780
Tustin Area
Price:$1,650,000
$717.39 / Sq.Ft.
Bedroom:6Bathroom:4
Sq. Ft.:2,300Year Built:2025
Type:Single Family Residence, Detached
MLS #:OC25249946Status:Active
Listed:11/7/2025Modified:1/28/2026
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.
Rooms Amenities
  • 6 Bedrooms
  • 4 Full Baths
  • Bedrooms: All Bedrooms Down, Living Room, Master Bedroom
  • Dining: Formal Dining Room, In Kitchen
  • View: Neighborhood
 
  • Parking: Direct Garage Access, Driveway, Garage
  • # of Garages: 3
  • Pool: None
  • Spa: None
  • Appliances: Dishwasher, Gas Range, Range/Stove Hood
Interior Exterior/Structural
  • Heating: Central Furnace
  • Cooling: Central
 
  • Stories: One Level
  • Roof: Shingle
Lot Description Community/Association
  • Lot Sq. Ft.: 7,314
  • Acres: 0.168
 
  • Orange County
  • Area: Tustin
  • School District: Tustin Unified
  • HOA: $0 +
  • Builder Tract: Other (OTHR)
Price Information Listing Information
  • Current Price: $1,650,000
  • Original Price: $1,650,000
  • Price/Sq. Ft.: $717.39
 
  • List Type: Standard
  • Listed Date: 11/7/2025
  • Modified Date: 1/28/2026
Listing Agent Listing Office
Nhi Phan
714-823-1972
 Real Broker
 
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Jin Rhee
Jin Rhee
DRE# 01438805
Call 714-889-8686
to refer to MLS # OC25249946
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The information above, though secured from sources believed to be reliable, cannot be guaranteed. The buyer should independently verify this information to his/her satisfaction. Coldwell Banker Best Realty may or may not be the listing broker of this property. In either case, where allowed by law, Coldwell Banker Best Realty can represent you in the purchase of this property.

Based on information from California Regional Multiple Listing Service, Inc. as of 1/28/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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