31601 Avenida Los Cerritos, San Juan Capistrano, CA 92675
High-visibility office building with flexible space and freeway access.
- Added:
- Apr 24, 2026
- Days on Market:
- 52
- Last Refresh:
- Apr 24 at 8:03 pm
Property Features for 31601 Avenida Los Cerritos
General Information
- Standard status
- Active
- Size
- 14,310 SF
- Lot size
- 0.94 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2006
Listing agent Kevin Bayless License #01788899 (949) 790-3142
Listing office Bayless Real Estate (949) 790-3142
Listing date Apr 24, 2026
Source Elliman
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 Bayless Real Estate
HighLights
- High visibility location with freeway views and exposure to approximately 285,000 vehicles daily.
- Easy freeway access off the 5 Freeway and Ortega Highway.
- Extensively renovated between 2018 and 2019 with modern features.
- Potential for rental income by dividing the ±14,310 square foot building into multiple units.
- Large ±40,964 square foot lot offering ample space and flexibility.
- Very Bikeable (bikeScore: 74) and Very Walkable (walkScore: 72) location.
Overview
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 | $427.6k | $29.88 |
| − Vacancy | −$52.4k | −$3.66 |
| EGI | $375.2k | $26.22 |
| − OpEx | −$93.8k | −$6.55 |
| NOI | $281.4k | $19.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Juan Capistrano
- County
- Orange
- State
- California
- Longitude
- -117.6576857
- Latitude
- 33.5038858
