23832 Rockfield Blvd Lake Forest, CA 92630
Corner office condo features extensive glass, a dedicated conference room, and an in-suite restroom.
Property Features for 23832 Rockfield Blvd
General Information
- Standard status
- Active
- Size
- 1,804 SF
- Property subtype
- OFFICE
Listing office Kidder Mathews (949) 557-5018
Listing date Jul 13, 2026
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews
Investment Insights
Based on property information with market context.
The property is well-suited for general office use and is described as an ideal fit for law offices, financial advisory, insurance, and similar professional services.
Overall, the suite configuration supports multiple private offices with a dedicated meeting space, while the in-suite restroom adds convenience for day-to-day operations.
Key Highlights
- Highly upgraded corner office condo with extensive glass and upgraded finishes
- 5 offices plus a dedicated conference room
- Rare in‑suite restroom within the condo
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 | $53.9k | $29.88 |
| − Vacancy | −$6.6k | −$3.66 |
| EGI | $47.3k | $26.22 |
| − OpEx | −$11.8k | −$6.55 |
| NOI | $35.5k | $19.66 |
