22956 El Toro Road Lake Forest, CA 92630
Single-story office condo with major street frontage and flexible zoning.
Property Features for 22956 El Toro Road
General Information
- Standard status
- Active
- Size
- 2,545 SF
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing office Lee & Associates (949) 790-3122
Listing date Nov 26, 2025
Source Lee-associates
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates
Investment Insights
Based on property information with market context.
Key Highlights
- Major street frontage and building signage on heavily traveled El Toro Road.
- Rare single‑story professional owner/user office condo with flexible zoning.
- Corner unit with extensive window line.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.0k | $29.88 |
| − Vacancy | −$9.3k | −$3.66 |
| EGI | $66.7k | $26.22 |
| − OpEx | −$16.7k | −$6.55 |
| NOI | $50.0k | $19.66 |
