1151 Walnut Ave, Tustin, CA 92780 Property Records

Orange County property record for 1151 Walnut Ave, Tustin, CA 92780

Property Summary

Property Type	Multi-Family Dwellings
Details	91,544 sqft · built 1969
Lot Size	4.74 acres (206,701 sqft)
Owner	Company Name on Record
Last Sale	$41,000,000 (Feb 2020)
Tax Bill	$533,155 (2025)
Deeds & Mortgages	Feb 2020 Sale & Construction Loan Dec 2017 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`432-121-07`

Property Details

APN / Parcel Number

Primary APN	`432-121-07`

Interior

Units	116 Units
Stories	2 Stories
Building Area	91,544 sqft Living Area

Exterior

Year Built	Built 1969
Effective Year Built	Effective 1969
Architectural Style	Multi-Family
Lot Area	206,701 sqft
Pool Type	Pool with Hot Tub/Spa

Location & Zoning

Street Address	1151 WALNUT AVE
City	TUSTIN
State	CA
Zip	92780-5649
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Legal Description	A TR IRVINE SUB BLK 11 LOT 48 IRVINE SUB LOT 48 BLK 11 POR OF LOT
Legal Subdivision	IRVINES SUBDIVISION
Legal Tract	361
Legal Block	11
Legal Lot Number	48
Jurisdiction	ORANGE CA
Township / Civil Division	ANAHEIM-SANTA ANA-GARDEN GROVE
Census Block Group	1
Census Block	1000
Census Tract	75512

Owner

Source: Orange County records, as of August 31, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	440 W 1ST ST, 201, TUSTIN, CA 92780-3047
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 14, 2020	Grant Deed, Construction Loan · Construction Mortgage CAPITAL ONE BANK NA
Dec 22, 2017	Grant Deed, Transfer MESA W R/E INCOME FUND IV LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 14, 2020 · Amount on Record
Deed Sale	Feb 14, 2020 · Amount on Record
Prior Sale	Dec 22, 2017 · Amount on Record
Deed Document Number	202063995
Prior Transfer Date	Sep 8, 1997
Prior Transfer Doc	0000498266
Record Updated	Oct 29, 2026

February 2020: Grant Deed, Construction Loan

Document Type	Grant Deed
Jurisdiction	ORANGE CA
Recording Date	Feb 14, 2020
Property Address	1151 WALNUT AVE, TUSTIN, CA 92780-5649
Document Number	0000063995
Map Reference	MB 1 PG 88
Instrument Date	Feb 14, 2020
Instrument	2020000063995
Transaction Type	Construction Loan
Record Updated	Sep 14, 2021
Title Company	FIRST AMER TTL INS CO NCS

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	23 CORPORATE PLAZA DR STE 150, 150, NEWPORT BEACH, CA 92660-7908

Mortgage

Document Number	0000063996
Date	Feb 14, 2020
Instrument	2020000063996

Lender

Name	CAPITAL ONE BANK NA
Type	Bank

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	121 Months
Due	Mar 1, 2030

December 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	ORANGE CA
Recording Date	Dec 22, 2017
Property Address	1151 WALNUT AVE, TUSTIN, CA 92780-5649
Document Number	0000553393
Instrument Date	Dec 20, 2017
Instrument	553393
Transaction Type	Transfer
Record Updated	Jan 3, 2018
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$38,280.00
Amount Accuracy	Full Value
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	777 CALIFORNIA AVE PALO ALTO CA 943041102, PALO ALTO, CA 94304-1102

Mortgage

Document Number	553394
Date	Dec 22, 2017
Instrument	553394

Lender

Name	MESA W R/E INCOME FUND IV LLC
Address	11755 WILSHIRE BLVD # 2100, LOS ANGELES, CA 90025-1538

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: Orange County assessment roll, as of August 4, 2026

Property Jurisdictions

Type	Name
State	California
County	Orange County
Municipality	Tustin City
Unified School District	Tustin Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$45,736,280 (+2%) Land $41,274,206 Building $4,462,074
2025	$533,155.00 (+4.67%)	$44,839,491 (+4.04%) Land $40,464,908 Building $4,374,583
2024	$509,361.00 (+2.52%)
2023	$496,846.00 (+1.55%)	$43,098,320 Land $38,893,607 Building $4,204,713
2022	$489,263.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective September 27, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF TUSTIN serves 65,143 people · EPA ID CA3010046
Water Source	Purchased surface water from several systems
Last State Inspection	Dec 2023
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 627 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cityside Fiber Fiber	5,000 / 5,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
AT&T Fixed Wireless · Fiber, DSL in parts of the area	100 / 20

May also be available: GeoLinks, T-Mobile, Verizon.

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