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About This Home
This 6-bedroom, 4-bathroom single family at 1056 Walter Avenue in Tustin, CA is listed for $1,625,000 ($707 per sqft). Built in 2025, the home offers 2,300 sqft of living space on a 0.17 acres lot.
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.
Key Features
- Built in 2025
- 0.17 acre lot
- 7 parking spaces
Property Details
Monthly Cost Estimate
$8,691/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1056 Walter Avenue
Tustin, CA 92780
Other (OTHR)
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom single family at 1056 Walter Avenue is listed at $1,625,000 ($707/sqft). The estimated monthly payment is $7,042 based on 20% down at 6.5% interest.
Key features include: Built in 2025, 0.17 acre lot, 7 parking spaces. Interior Features: Quartz Counters, Recessed Lighting, Open Floorplan. Exterior Features: Community Features Included: Sidewalks, Corner Lot, Lot 6500-9999.
This property is listed by Nhi Phan and can be reached at 7148231972 or Nhiprealty@gmail.com.
