Updated Nov 2, 2026
SOLDOffice
IFPTE Local 21 Acquires Office Building In San Francisco For $9.5M
1155 Mission Street, San Francisco, California 94103, United States
$9,500,000
Building Size
—
Asset Type
Office
Closing
Oct 12, 2022
About this deal
AI
An office property located at 1155 Mission St in San Francisco, CA has been sold. The transaction took place on October 13, 2022, with a sale price of $9,500,000. The property was acquired by IFPTE Local 21, represented by Gus Vallejo. The sale was facilitated by Rich Lewetzow from Coldwell Banker Commercial Realty.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $9,500,000
- Address: 1155 Mission St, San Francisco, CA
- Market: San Francisco, CA
- Buyer: IFPTE Local 21 - Gus Vallejo
- Broker: Rich Lewetzow - Coldwell Banker Commercial Realty
Gus Vallejo, representing IFPTE Local 21, successfully acquired the office property located at 1155 Mission St in San Francisco, CA. The transaction was facilitated by Rich Lewetzow from Coldwell Banker Commercial Realty. This sale marks an important investment for IFPTE Local 21 in the San Francisco market.
On the Map
$9,500,000
Office
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San Francisco Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93