1056 Walter Avenue Active Save Request In-Person Tour Request Virtual Tour
Tustin,CA 92780
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,300 sqft
Price per Sqft $717
MLS Listing ID OC25249946
Bedrooms 6
Full Baths 4
Year Built 2025
Lot Size 7,314 Sqft
Property Sub-Type Detached
Property Description
CORNER LOT WITH 2-UNITS ON ONE LOT for $825,000 Each Unit In the heart of Tustin. Dont 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.
Location
State CA
County Orange
Direction Newport Ave & Walnut Ave
Interior
Interior Features Recessed Lighting
Heating Forced Air Unit
Cooling Central Forced Air
Flooring Linoleum/Vinyl
Fireplace No
Appliance Dishwasher,Gas Range
Laundry Gas,Washer Hookup
Exterior
Parking Features Direct Garage Access,Garage
Garage Spaces 3.0
View Y/N Yes
Water Access Desc Public
View Neighborhood
Roof Type Shingle
Accessibility Parking
Total Parking Spaces 7
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 43207207
Acceptable Financing Cash,Conventional,Exchange,FHA,Cash To New Loan
Listing Terms Cash,Conventional,Exchange,FHA,Cash To New Loan
Special Listing Condition Standard