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  • 1056 Walter Avenue

1056 Walter Avenue, Tustin, CA 92780

$1,595,000 Approx. USD 6 beds, 4 baths
2,300 sqft

Reduced by $30,000 on 6/30/2026
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Photo of Jaime Morrell

Jaime Morrell REALTOR® - Sales Associate 949-241-1256 m
949-241-1256 o
949-861-2071 f
Lic#: 01469226
NRDS ID: 157513278
jaimemorrell@bhhscal.com Text Me
Call My Cell
Call My Office
949-861-2071 f
Lic#: 01469226
NRDS ID: 157513278
jaimemorrell@bhhscal.com Irvine Office
18600 MacArthur Blvd., Suite 150
Irvine, CA 92612
Phone: 949-794-5700
Fax: 949-794-5701
 Irvine 18600 MacArthur Blvd., Suite 150
Irvine, CA 92612
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Listing Agent


Nhi Phan | Nhiprealty@gmail.com
Lic#: 02178756
Broker: Courtesy of Real Broker
Phone: 657-233-5233

Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# OC25249946
List price is $1,595,000 Reduced by $30,000 on 6/30/2026
Price: $1,595,000
HOA Fee is $0.00
Beds: 6
Baths: 4 (4 full)
None fireplaces
Built in 2025
2,300 sqft
1 story
0.17 acres
Lot size: 0.1679
Subdivision: Other
County: Orange
Interior features: Separate/Formal Dining Room,Eat-in Kitchen,Open Floorplan,Quartz Counters,Recessed Lighting,All Bedrooms Down,Walk-In Closet(s)
Appliances: Dishwasher,Gas Range,Range Hood
Parking description: Direct Access,Driveway,Garage
Lot description: Corner Lot
Heating/cooling: Central Air
Heating description: Central
MLS area: 71 - Tustin

Last Updated: 6/30/2026

 Days On Market (DOM): 233

 Find more Tustin homes and real estate

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This listing belongs to the 71 - Tustin MLS area

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Lat/Long: 33.735800, -117.822990.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Jaime Morrell

Jaime Morrell REALTOR® - Sales Associate 949-241-1256 m
949-241-1256 o
949-861-2071 f
Lic#: 01469226
NRDS ID: 157513278
jaimemorrell@bhhscal.com Text Me
Call My Cell
Call My Office
949-861-2071 f
Lic#: 01469226
NRDS ID: 157513278
jaimemorrell@bhhscal.com
Irvine Office
18600 MacArthur Blvd., Suite 150
Irvine, CA 92612
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