121 Steuart St

121 Steuart St is a 7-story building in Downtown San Francisco with 100% of its floor area within daylight reach of a facade. This screen estimates 42 homes and scores it 89 out of 100 for office-to-residential conversion suitability.

CA-11 · Screened 2026-10-12 · Strong candidate

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Also addressed as 132 The Embarcadero: San Francisco’s address records place both on this one footprint.

Where 121 Steuart St is

Its block in Downtown San Francisco, drawn from San Francisco's own building outlines and street centerlines.

101 Mission St: scores 99 out of 100131 Steuart St: scores 89 out of 100177 Steuart St: scores 84 out of 10060 Spear St: scores 83 out of 1001 Market St: scores 83 out of 100898489THE EMBARCADEROSTEUART STMISSION STN100 ftDowntown San Francisco
Suitability score
0–29
30–49
50–69
70–100
  • Already housing
  • Not screened
  • 121 Steuart St
121 Steuart St and the 1,000 ft of Downtown San Francisco around it. The streets are drawn at the width of the right-of-way they run down, sidewalks included, and named, and every building on these blocks is drawn. What is left open and stippled is neither: a surface lot, a plaza or a vacant parcel. The screened buildings are colored by the ramp above, the same one the district map uses, carry their score, and each is a link to its own page. Each casts a shadow as long as its measured height lets it, so towers stand out from the low buildings around them; the unscreened buildings have no measured height and cast none. 121 Steuart St is outlined in its own score color at the outline it covers at ground level. The inset places it among every building the screen covers.
23 ftAA50 ftDaylit 100%
Floor plan: 100% of each floor sits within daylight reach of a facade, with no dead core at all. The shading is daylight, darkest at the windows and gone 35 ft in. The dimension marks the deepest interior point, 23 ft from the nearest window. A–A is where the section beside it is cut.
No homesDaylit7 floors25 ft
Section A–A: cut across the depth of the plate, through the middle of the core. Daylight reaches 35 ft in from every facade, and here it meets in the middle: the plate is thin enough that no floor is left windowless. The shaded ground floor is converted like the rest and counted as no homes.

This building does not pencil on its own, but a modeled RESIDE Act grant would close the gap if the building qualified for one.

This footprint has no windowless core at all: every point on the floor plate is within 35 ft of a facade, which is unusual and is the main reason it scores as well as it does.

Modeled conversion metrics for 121 Steuart St, 2026-10-12.

Suitability scoreStrong candidate89 / 100
Storiesfrom 88 ft LiDAR (2010) height ÷ 12 ft floor-to-floor7
Floor plateper floor, from the city footprint6,677 sq ft
Daylight efficiencyshare within 35 ft of a facade100%
Deepest interior pointviability threshold is 80 ft23 ft
Windowless coreper floor — renovated but never rentable0 sq ft
Estimated homesat 750 sq ft average42
Conversion cost$405/sq ft all-in on 40,064 sq ft$16.2M
Gap before grantshortfall against completed value$854K
Modeled RESIDE grantbelow the statutory cap$2.5M
BuiltSan Francisco's own record of the construction year1984
ZoningFinancial District/South BeachC-3-O
Opportunity Zonenot in a 2018 designated tractNo

The plan: window line, shape and floor rhythm

55 ft of exterior wall for each home the screen estimates — enough for two- and three-bedroom homes across the plan.

The typical floor has 382 ft of exterior wall, and across 6 residential floors the building carries 2,292 ft of it in total, divided among the 42 homes this screen estimates.

Its plate is moderately compact at 0.57: a squarish plan, with enough perimeter for a conventional double-loaded corridor. How window line and plate shape are measured.

At the model’s 750 sq ft average, the plan works out at about 7.0 homes per floor, repeated on every residential floor, since this building's outline does not change as it rises.

Why 121 Steuart St scores 89 out of 100

Daylight efficiency 100, Interior depth 100, Scale 28, Finance 100 — each out of 100, then weighted.

Score components for 121 Steuart St. Points are the subscore times its weight.

ComponentSubscoreWeightPoints
Daylight efficiency100% of the floor area within 35 ft of a facade, scored from 40% up to 90%10045%45.0
Interior depthdeepest interior point 23 ft from a facade, scored from 80 ft down to 40 ft10025%25.0
Scale42 estimated homes, scored from 0 up to 1502815%4.2
Financecompleted value covers conversion cost with 10% to spare, which tops out the component10015%15.0

Most of what it earns comes from daylight efficiency, and what holds it back most is scale, at 28 out of 100: 42 estimated homes, scored from 0 up to 150.

Built in 1984

San Francisco records this building as going up in 1984, which puts it in the late-modern stock.

As a rule, typically the hardest to convert: the deepest plates of any era, large central cores, and floor-to-floor heights tight enough that running residential drainage under a ceiling can be the thing that ends a project. That is the era’s general tendency rather than a finding about this building — the model reads an outline and a height, and can see nothing inside — but it is the first thing an architect would want to know, and it colours how much confidence the 100% daylight figure above deserves.

What the conversion would cost

$405 per square foot all-in across 40,064 sq ft of converted floor, or $16.2M in total — about $386K for each of the 42 homes.

All-in cost per square foot for 121 Steuart St: base cost plus the code work a change of use triggers.

Base conversion cost$260/sq ft
Seismic retrofit (change of use)$45/sq ft
Plumbing risers to every unit$40/sq ft
Operable windows and glazing$30/sq ft
Additional egress stair$18/sq ft
Fire sprinklers (NFPA 13R)$12/sq ft
All-in$405/sq ft

That cost is charged across every converted square foot, including the circulation and service area that earns nothing directly. Against it the model sets a completed value of $366K a home, which for 42 homes is $15.4M.

What would have to be true

A $854K gap before any grant, which the modeled $2.5M closes. What would reopen it soonest: circulation efficiency 9% down.

The shortfall before any grant is $854K. Closing it from the value side means each of the 42 homes finishing at $386K rather than the $366K the model assumes — 6% more. Closing it from the cost side means getting all-in cost down from $405 to $384 per square foot.

A modeled RESIDE grant of $2.5M moves that threshold to $326K a home. That is below the assumed value, which is why this building counts as unlocked by the grant — subject to it qualifying under the law's vacant-and-abandoned test, which this data cannot show.

Each of these, moved on its own, would be enough to undo that for 121 Steuart St:

Single-assumption flip points for 121 Steuart St, each holding the other three at their defaults.

Circulation efficiencythe binding constraint — the least this building would need9% downto 73%
Average unit size10% upto 822 sq ft
Completed value per home11% downto $326K
Conversion cost per square foot16% upto $302/sq ft

All four are sliders in the survey, where 121 Steuart St re-scores against your own numbers.

How it compares in Downtown San Francisco

121 Steuart St ranks 80th of the 205 buildings screened here, against a median score of 87.

Its floor plate is better lit than 100% of them, and shallower than 98% of them at its deepest interior point. On size it is the 184th largest by estimated homes. The full survey of all 205 buildings ranks and maps every one of them, and the list by address links each to its own page.

Within Financial District/South Beach and the C-3-O zone

67th of 165 in Financial District/South Beach, 45th of 88 zoned C-3-O — the comparison that shares its rules, rents and streets.

San Francisco places 165 of the screened buildings in Financial District/South Beach. 121 Steuart St ranks 67th of them against a median score of 88. 121 score 70 or more, their median deepest interior point is 47 ft from a facade against this building’s 23 ft, and together they would hold an estimated 40,456 homes. The group’s top scorer is 870 Market St, at 100.

88 of the screened buildings are zoned C-3-O. 121 Steuart St ranks 45th of them against a median score of 89. 76 score 70 or more, their median deepest interior point is 44 ft from a facade against this building’s 23 ft, and together they would hold an estimated 21,444 homes. The group’s top scorer is 266 Bush St, at 100.

Its nearest match in size: 131 Steuart St

The screened building closest to 121 Steuart St in converted floor area is 131 Steuart St: 39,632 sq ft over 7 stories, against 40,064 sq ft over 7 here.

The two land within a few points of each other — 89 here, 89 there — so at this size the screen reads them as much the same prospect. On the money they sit in the same place: each pencils only with the modeled RESIDE grant. The two stand about 0 ft apart.

Would it qualify for a RESIDE Act grant?

The model awards 121 Steuart St $2.5M, on the assumption it qualifies. Whether it does, no published dataset can say.

That figure assumes the building meets the Act’s vacant-and-abandoned test, which turns on code-enforcement and receivership records no city publishes.

It does not sit in a 2018 designated Opportunity Zone, so it would not draw that Section 201 priority.

Other buildings screened near 121 Steuart St

The 4 closest the screen also covers, from 50 ft away. They are the colored outlines on the plan at the top of this page.

  • 131 Steuart St
    7 stories · 100% daylit · 42 estimated homes · scores 89/100 (Strong candidate)
    about 50 ft away
  • 177 Steuart St
    7 stories · 88% daylit · 72 estimated homes · scores 84/100 (Strong candidate)
    about 360 ft away
  • 101 Mission St
    21 stories · 93% daylit · 220 estimated homes · scores 99/100 (Strong candidate)
    about 550 ft away
  • 150 Spear St
    18 stories · 83% daylit · 234 estimated homes · scores 79/100 (Strong candidate)
    about 590 ft away

A screen, not a feasibility study, from outlines and heights rather than plans: the method and how to correct a figure. If you know this building’s interior, you know what this model cannot see.