Ruby Truong
Finsight Group Inc.
(657) 345-2980
49 Total Sales
2 in Tustin
$850K - $1.4M Price Range
1056 Walter Ave Tustin, CA 92780
Tustin Area
6
Beds
4
Baths
2,300
Sq Ft
7,314
Sq Ft Lot
Highlights
- New Construction
- Open Floorplan
- Quartz Countertops
- Updated Kitchen
- Corner Lot
- No HOA
About This Home
As of August 2026CORNER 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.
Last Agent to Sell the Property
Real Broker Brokerage Phone: 714-823-1972 License #02178756 Listed on: 11/11/2025
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Home Details
Home Type
- Single Family
Year Built
- Built in 2025 | New Construction
Lot Details
- 7,314 Sq Ft Lot
- Corner Lot
Parking
- 3 Car Direct Access Garage
- 4 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 2,300 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Family Room Off Kitchen
- Living Room
- Dining Room
- Vinyl Flooring
- Neighborhood Views
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Gas Range
- Range Hood
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 6 Main Level Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- 4 Full Bathrooms
- Quartz Bathroom Countertops
- Bathtub with Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Additional Features
- Accessible Parking
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 1863
- Assessor Parcel Number 43207207
- $500 per year additional tax assessments
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2025
Closed on
Aug 18, 2026
Sold by
Pi Group Residential Holdings Llc
Bought by
Seller's Agent
Nhi Phan
Real Broker
Buyer's Agent
Laine Warthan
eXp Realty of California Inc.
List Price
$1,650,000
Sold Price
$1,575,000
Premium/Discount to List
-$75,000
-4.55%
Views
608
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-62.79%
Purchase Details
Closed on
Aug 28, 2025
Sold by
Pi Group Ventures Llc
Bought by
Pi Group Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,109,000
Interest Rate
6.75%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 6, 2025
Sold by
Pi Group Ventures Llc
Bought by
Pi Group Residential Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,109,000
Interest Rate
6.75%
Mortgage Type
Construction
Purchase Details
Listed on
Sep 6, 2024
Closed on
Aug 23, 2024
Sold by
Matin Mahbubul
Bought by
Pi Group Ventures Llc
Seller's Agent
Justin Yee
eXp Realty of Southern California, Inc
Buyer's Agent
Justin Yee
eXp Realty of Southern California, Inc
List Price
$899,999
Sold Price
$910,000
Premium/Discount to List
$10,001
1.11%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.46%
Original Mortgage
$1,073,500
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 29, 2008
Sold by
Accredited Home Lenders Inc
Bought by
Matin Mahbubul and Matin Dilruba
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 2007
Sold by
Baez Rosa I
Bought by
Accredited Home Lenders Inc and Aames Home Loan
Purchase Details
Closed on
Jun 30, 2005
Sold by
Baez Rafael
Bought by
Baez Rosa I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.55%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 20, 2005
Sold by
Hernandez Miguel Munguia and Munguia Filomena
Bought by
Baez Rosa I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.55%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Sep 24, 2002
Sold by
Mirza Tayyab Mahmood and Mirza Qurat Ul Ain
Bought by
Hernandez Miguel Munguia and Munguia Filomena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,300
Interest Rate
5.89%
Purchase Details
Closed on
Dec 22, 1993
Sold by
Mirza Tayyab Mahmood and Mirza Quratulain
Bought by
Mirza Tayyab Mahmood and Mirza Qurat Ul Ain
Purchase Details
Closed on
Oct 19, 1993
Sold by
Bakhtiari Zilley Husnain and Bakhtiari Zilley Hasnain
Bought by
Mirza Tayyab Mahmood and Mirza Quratulain
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Tustin, CA
-
Ruby Truong
-
Albert Soto
Albert Soto
True Inmobiliaria
(657) 279-5316
86 Total Sales
2 in Tustin
$605K - $855K Price Range
-
Paul Daftarian
Paul Daftarian
Luxe Real Estate
(657) 385-8384
247 Total Sales
1 in Tustin
$920,000 Price
-
Harvey Vargas
Harvey Vargas
First Team Real Estate
(949) 430-6853
45 Total Sales
9 in Tustin
$450K - $1.2M Price Range
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
144 Total Sales
1 in Tustin
$1,234,000 Price
-
Daniel Hopp
Daniel Hopp
First Team Real Estate
(562) 502-1877
40 Total Sales
1 in Tustin
$1,138,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | Provident Title Company | |
| Grant Deed | $910,000 | First American Title | |
| Grant Deed | $388,500 | Lsi Title | |
| Trustee Deed | $500,000 | Orange Coast Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Grant Deed | $625,000 | Ticor Title Company | |
| Grant Deed | $297,000 | California Counties Title Co | |
| Grant Deed | -- | Orange Coast Title | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,109,000 | Construction | |
| Previous Owner | $1,073,500 | New Conventional | |
| Previous Owner | $234,000 | New Conventional | |
| Previous Owner | $238,500 | Purchase Money Mortgage | |
| Previous Owner | $125,000 | Stand Alone Second | |
| Previous Owner | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $115,000 | Credit Line Revolving | |
| Previous Owner | $267,300 | No Value Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/19/2026 08/19/26 | Sold | $1,575,000 | -1.3% | $685 / Sq Ft | |
| 06/30/2026 06/30/26 | Price Changed | $1,595,000 | -1.8% | $693 / Sq Ft | |
| 04/01/2026 04/01/26 | Price Changed | $1,625,000 | -1.5% | $707 / Sq Ft | |
| 12/06/2025 12/06/25 | For Sale | $1,650,000 | +4.8% | $717 / Sq Ft | |
| 12/01/2025 12/01/25 | Off Market | $1,575,000 | -- | -- | |
| 11/11/2025 11/11/25 | For Sale | $1,650,000 | 0.0% | $717 / Sq Ft | |
| 03/06/2025 03/06/25 | Rented | $3,890 | 0.0% | -- | |
| 02/19/2025 02/19/25 | Price Changed | $3,890 | -2.5% | $3 / Sq Ft | |
| 02/17/2025 02/17/25 | For Rent | $3,990 | 0.0% | -- | |
| 09/18/2024 09/18/24 | Sold | $910,000 | 0.0% | $637 / Sq Ft | View Prior Sale |
| 09/10/2024 09/10/24 | Pending | -- | -- | -- | |
| 09/10/2024 09/10/24 | Off Market | $910,000 | -- | -- | |
| 09/06/2024 09/06/24 | For Sale | $899,999 | -- | $630 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $10,439 | $1,175,000 | $986,087 | $188,913 |
| 2025 | $10,439 | $910,000 | $829,490 | $80,510 |
| 2024 | $5,779 | $500,288 | $405,997 | $94,291 |
| 2023 | $5,634 | $490,479 | $398,036 | $92,443 |
| 2022 | $5,545 | $480,862 | $390,231 | $90,631 |
| 2021 | $5,434 | $471,434 | $382,580 | $88,854 |
| 2020 | $5,405 | $466,601 | $378,658 | $87,943 |
| 2019 | $5,274 | $457,452 | $371,233 | $86,219 |
| 2018 | $5,188 | $448,483 | $363,954 | $84,529 |
| 2017 | $5,097 | $439,690 | $356,818 | $82,872 |
| 2016 | $5,006 | $431,069 | $349,821 | $81,248 |
| 2015 | $5,070 | $424,594 | $344,566 | $80,028 |
| 2014 | $4,841 | $407,000 | $332,486 | $74,514 |
Source: Public Records
Agents Affiliated with this Home
-
Nhi Phan
NP
Seller's Agent in 2026
Nhi Phan
Real Broker
(714) 823-1972
51 Total Sales
-
Laine Warthan
LW
Buyer's Agent in 2026
Laine Warthan
eXp Realty of California Inc.
(714) 749-7411
17 Total Sales
-
VP
Seller's Agent in 2025
Vinh Pham
NRI Group
-
NN
Buyer's Agent in 2025
NONE NONE
None MRML
-
Justin Yee
Seller's Agent in 2024
Justin Yee
eXp Realty of Southern California, Inc
(949) 572-2100
24 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25249946
APN: 432-072-07
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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