Financial
Distress signals
Property profile

23832 Rockfield Blvd Lake Forest, CA 92630

FOR LEASE
Commercial real estate
Property ID
US09-2335939
54,500 SF 1.27 ac lot Built 1984
Last sale Jun 2025 · $720,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
23832 Rockfield Blvd, Lake Forest, CA 92630 For Lease
$2,100/Mo
23832 Rockfield Blvd, Lake Forest, CA 92630
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Property summary

AI-generated overview

This exceptional Class A office suite, located at 23832 Rockfield Blvd, Suite 120, Lake Forest, CA 92630, presents a unique owner/user opportunity. Spanning 1,574 square feet, this meticulously designed space boasts a functional layout including a welcoming reception area, five private offices, a convenient kitchen area, and shared restrooms. The asking price is $785,000, translating to $498.73 per square foot. The property is zoned MUO (Mixed-Use Office) and offers ample parking at a ratio

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2016$6.06M
Assessed land$2.40M
Assessed improvement$3.67M

Value estimate

· Sep 2026
$7.45M
$6.71M – $8.20M
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$3k
Operating expenses−$6k
NOI · 842.76% cap applied$18k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$433/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$219 – $717
Qualifying comparables5

Cap rate analysis

How does the asset earn?
842.76%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.1
Laundromat9.0
Tanning Salon8.3

Location

23832 Rockfield Blvd Lake Forest, CA 92630
County assessor Recorded deeds · 31 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24392 Rockfield, Lake Forest, CA 92630-4742 $50,000,000 Jul 2025 114,022 SF
22481 Aspan, Lake Forest, CA 92630-1651 $7,800,000 Mar 2024 19,800 SF
24251 Rockfield, Lake Forest, CA 92630-3715 $3,725,000 Dec 2023 5,556 SF
25151 Frnt, Lake Forest, CA 92630-4966 $500,000 Jul 2023 3,462 SF
24442 Muirlands, Lake Forest, CA 92630-3934 $1,800,000 Sep 2022 3,384 SF
25652 Old Trabuco, Lake Forest, CA 92630-2776 $32,033,000 Aug 2022 65,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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