1056 Walter Ave

$1,650,000
Price
6
Beds
2,300 Sq. Ft.
$717 / Sq. Ft.
2,300
Sq. Ft.
$717
per Sq. Ft.

Description

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:...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.

Property Details for 1056 Walter Avenue

View
Neighborhood
Parking Spaces Total
7
Private Pool
No
Cooling Type
Central Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2300
LISTING UPDATED: 12/05/2025 04:13 PM

Property Details for 1056 Walter Avenue

StatusActive
MLS #OC25249946
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2025
Lot Size0.17 AC / 7,314 SF
CountyOrange County

Location

Listing Courtesy of Real Broker, Nhi Phan, DRE #02178756
Add your commute

Building Information for 1056 Walter Avenue

Stories1Year Built2025Building Size-Lot Size0.17 AC / 7,314 SF

Payment Calculator

$9,023 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,153

Property Taxes

$870

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1056 Walter Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 1863
  • CFD/Mello-Roos Fee: $500
  • Tax Lot: 8
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range, Range Hood
  • Equipment: Dishwasher, Gas Range
  • Interior Features: Open Floorplan, Quartz Counters, Recessed Lighting
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Primary Bedroom, Walk-In Closet
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 6
  • Room Bathroom Features: Shower in Tub, Exhaust fan(s), Quartz Counters, Remodeled
  • Bedroom Features: All Bedrooms Down, WalkInCloset
  • Room Kitchen Features: Kitchen Open to Family Room, Quartz Counters, Remodeled Kitchen
  • Eating Area: Dining Room, In Kitchen
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Laundry Location: Gas, Washer Hookup
  • Laundry Utilities: Gas, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
  • Flooring Type: Vinyl
  • Floor Coverings: Linoleum/Vinyl
  • Flooring: Vinyl
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Security: Carbon Monoxide Detectors
  • Roof: Shingle
  • Entry Location: Front Door
  • Structure Type: House
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Direct Entrance, Driveway, Garage
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Non-Garage: Direct Garage Access, Garage
  • Parking Garage Spaces: 3
  • Parking Garage: Direct Garage Access, Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 1056 Walter Avenue

DateEvent & SourcePriceAppreciation
Dec 6, 2025

Listed (Active)

CLAW #OC25249946MR

$1,650,000—
Nov 11, 2025

Listed (Active)

CRMLS #OC25249946

$1,650,000—
Nov 7, 2025

Hold

CLAW #OC25249946MR

—
Nov 7, 2025

Listed (Active)

SDMLS #OC25249946

$1,650,000—
Nov 7, 2025

Listed (Active)

CLAW #OC25249946MR

$1,650,000—
Sep 18, 2024

Sold

SDMLS #OC24151619

$910,000—
Sep 18, 2024

Sold

CRMLS #OC24151619

$910,000—
Sep 18, 2024

Sold

CLAW #OC24151619MR

$910,000—
Sep 12, 2024

Pending

CRMLS #OC24151619

—
Sep 10, 2024

Hold

CRMLS #OC24151619

—
Sep 10, 2024

Pending

CLAW #OC24151619MR

—
Sep 10, 2024

Pending

SDMLS #OC24151619

—
Sep 6, 2024

Hold

CLAW #OC24151619MR

—
Sep 6, 2024

Listed (Active)

SDMLS #OC24151619

$899,999—
Sep 6, 2024

Listed (Active)

CLAW #OC24151619MR

$899,999—
Sep 6, 2024

Listed (Active)

CRMLS #OC24151619

$899,999—
Aug 23, 2024

Sold (Public Record)

Public Record #1540143860

$910,000

+5.3% / yr

Jul 26, 2023

Withdrawn / Cancelled

CRMLS #PW22223373

$769,000—
Nov 18, 2022

Withdrawn / Cancelled

CLAW #PW22223373MR

—
Nov 18, 2022

Withdrawn / Cancelled

SDMLS #PW22223373

—
Nov 5, 2022

Price Change

CLAW #PW22223373MR

$769,000—
Oct 21, 2022

Listed (Active)

SDMLS #PW22223373

$789,000—
Oct 21, 2022

Listed (Active)

SDMLS #PW22223373

$789,000—
Oct 21, 2022

Listed (Active)

CRMLS #PW22223373

$789,000—
Oct 21, 2022

Listed (Active)

CLAW #PW22223373MR

$789,000—
Feb 29, 2008

Sold (Public Record)

Public Record #234243137

$388,500

-16.5% / yr

Dec 20, 2007

Withdrawn / Cancelled

CLAW #S502743MR

—
Dec 20, 2007

Withdrawn / Cancelled

CRMLS #S502743

$459,900—
Aug 24, 2007

Listed (Active)

CLAW #S502743MR

$529,900—
Aug 24, 2007

Listed (Active)

CRMLS #S502743

$529,900—
Aug 9, 2007

Withdrawn / Cancelled

CLAW #P574820MR

—
Aug 9, 2007

Withdrawn / Cancelled

CRMLS #P574820

$536,700—
Apr 25, 2007

Listed (Active)

CLAW #P574820MR

$536,700—
Apr 25, 2007

Listed (Active)

CRMLS #P574820

$536,700—
Jul 13, 2005

Sold (Public Record)

Public Record #160670281

$625,000

+32.7% / yr

Nov 26, 2002

Sold (Public Record)

Public Record #103951008

$297,000—
Nov 9, 2002

Sold

CLAW #P311841MR

$297,000—
Nov 9, 2002

Sold

CRMLS #P311841

$297,000—
Sep 23, 2002

Pending

CLAW #P311841MR

—
Sep 23, 2002

Pending

CRMLS #P311841

—
Sep 14, 2002

Listed (Active)

CLAW #P311841MR

$303,500—
Sep 14, 2002

Listed (Active)

CRMLS #P311841

$303,500—
DateEvent & SourcePrice
12/06/2025

Listed (Active)

CLAW #OC25249946MR

$1,650,000
11/11/2025

Listed (Active)

CRMLS #OC25249946

$1,650,000
11/07/2025

Hold

CLAW #OC25249946MR

—
11/07/2025

Listed (Active)

SDMLS #OC25249946

$1,650,000
11/07/2025

Listed (Active)

CLAW #OC25249946MR

$1,650,000
09/18/2024

Sold

SDMLS #OC24151619

$910,000
09/18/2024

Sold

CRMLS #OC24151619

$910,000
09/18/2024

Sold

CLAW #OC24151619MR

$910,000
09/12/2024

Pending

CRMLS #OC24151619

—
09/10/2024

Hold

CRMLS #OC24151619

—
09/10/2024

Pending

CLAW #OC24151619MR

—
09/10/2024

Pending

SDMLS #OC24151619

—
09/06/2024

Hold

CLAW #OC24151619MR

—
09/06/2024

Listed (Active)

SDMLS #OC24151619

$899,999
09/06/2024

Listed (Active)

CLAW #OC24151619MR

$899,999
09/06/2024

Listed (Active)

CRMLS #OC24151619

$899,999
08/23/2024

Sold (Public Record)

Public Record #1540143860

$910,000

+5.3% / yr

07/26/2023

Withdrawn / Cancelled

CRMLS #PW22223373

$769,000
11/18/2022

Withdrawn / Cancelled

CLAW #PW22223373MR

—
11/18/2022

Withdrawn / Cancelled

SDMLS #PW22223373

—
11/05/2022

Price Change

CLAW #PW22223373MR

$769,000
10/21/2022

Listed (Active)

SDMLS #PW22223373

$789,000
10/21/2022

Listed (Active)

SDMLS #PW22223373

$789,000
10/21/2022

Listed (Active)

CRMLS #PW22223373

$789,000
10/21/2022

Listed (Active)

CLAW #PW22223373MR

$789,000
02/29/2008

Sold (Public Record)

Public Record #234243137

$388,500

-16.5% / yr

12/20/2007

Withdrawn / Cancelled

CLAW #S502743MR

—
12/20/2007

Withdrawn / Cancelled

CRMLS #S502743

$459,900
08/24/2007

Listed (Active)

CLAW #S502743MR

$529,900
08/24/2007

Listed (Active)

CRMLS #S502743

$529,900
08/09/2007

Withdrawn / Cancelled

CLAW #P574820MR

—
08/09/2007

Withdrawn / Cancelled

CRMLS #P574820

$536,700
04/25/2007

Listed (Active)

CLAW #P574820MR

$536,700
04/25/2007

Listed (Active)

CRMLS #P574820

$536,700
07/13/2005

Sold (Public Record)

Public Record #160670281

$625,000

+32.7% / yr

11/26/2002

Sold (Public Record)

Public Record #103951008

$297,000
11/09/2002

Sold

CLAW #P311841MR

$297,000
11/09/2002

Sold

CRMLS #P311841

$297,000
09/23/2002

Pending

CLAW #P311841MR

—
09/23/2002

Pending

CRMLS #P311841

—
09/14/2002

Listed (Active)

CLAW #P311841MR

$303,500
09/14/2002

Listed (Active)

CRMLS #P311841

$303,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1056 Walter Avenue

Taxable ValueLand$829,490Additions$80,510Total$910,000
Tax Record2025$10,439 ($870 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,428 SqFtAbove Grade Finished SqFt1,428 SqFtStories1Lot Size7,314 SqFtStyleSingle Family ResidenceYear Built1954CountyORANGEAPN432-072-07

Schools near 1056 Walter Avenue

This home is within Tustin Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Benjamin F. Beswick Elementary School
PublicK to 5

C. E. Utt Middle School
Public6 to 8

Tustin High School
Public9 to 12

Tustin Memorial Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1056 Walter Avenue is a single family home for sale in Tustin, CA 92780. This property was listed for sale on November 7, 2025 by Real Broker, it's currently listed at $1,650,000. It has been on the market for a total of 28 days and was last sold on September 18, 2024. This listing's school district is Tustin Unified School District. Nearby schools include Benjamin F. Beswick Elementary School, C. E. Utt Middle School and Tustin High School. 1056 Walter Avenue is a 6-bed, 4-bath, 2,300 sqft single family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, Nhi Phan, DRE #02178756

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.