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Bruce Kang, Broker
1056 Walter Avenue, Tustin, CA 92780
- $1,575,000
- 6
- BD
- 4
- BA
- 2,300
- SqFt
- Sold Price
- $1,575,000
- List Price
- $1,595,000
- Status
- CLOSED
- Days on Market
- 260
- Closing Date
- Aug 19, 2026
- MLS#
- OC25249946
- Subtype
- Residential
- New Construction
- Yes
- Year Built
- 2025
- Bedrooms
- 6
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 2,300
- Lot Size
- 7,314
- Acres
- 0.17
- Subdivision
- Other
- Neighborhood
- Other
- MLS Area Major
- Tustin (71)
Property Description
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.
Additional Information
- Interior Features
- Separate/Formal Dining Room, Eat-in Kitchen, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Walk-In Closet(s)
- Flooring
- Vinyl
- Appliances
- Dishwasher, Gas Range, Range Hood
- Heating
- Central
- Air Conditioning
- Yes
- Stories
- One Level
- Levels
- One
- Roof
- Shingle
- Pool Type
- None
- Parking Features
- Direct Access, Driveway, Garage
- Garage Spaces
- 3
- School District
- Tustin Unified
- View
- Neighborhood
Listing courtesy of Listing Agent: Nhi Phan (Nhiprealty@gmail.com) from Listing Office: Real Broker.
Listing sold by Laine Warthan from eXp Realty of California Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.