2 Hyde St

2 Hyde St is a 4-story building in Downtown San Francisco with 72% of its floor area within daylight reach of a facade. This screen estimates 71 homes and scores it 50 out of 100 for office-to-residential conversion suitability.

CA-11 · Screened 2026-10-12 · Marginal

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Also addressed as 1182 Market St and 1192 Market St: San Francisco’s address records place all 3 on this one footprint.

Where 2 Hyde St is

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

1170 Market St: scores 89 out of 1008950MARKET STGROVE STFULTON STHYDE STN100 ftDowntown San Francisco
Suitability score
0–29
30–49
50–69
70–100
  • Already housing
  • Not screened
  • 2 Hyde St
2 Hyde 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. 2 Hyde St is outlined in its own score color at the outline it covers at ground level. Its windowless core is hatched. The inset places it among every building the screen covers.
73 ftAA100 ftDaylit 72%Core 8,846 sq ft
Floor plan: 72% of each floor sits within daylight reach of a facade. The shading is daylight, darkest at the windows and gone 35 ft in. The hatched area is windowless core: 8,846 sq ft per floor that must be renovated but can never be rented as an apartment. The dimension marks the deepest interior point, 73 ft from the nearest window. A–A is where the section beside it is cut.
No homesWindowless coreDaylit4 floors50 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, fading as it goes, and the hatched stripe left between the lit edges is floor that gets converted and can never be rented: 8,846 sq ft on the floor the screen scores, and 26,537 sq ft over 3 residential floors. The shaded ground floor is converted like the rest and counted as no homes.

This building does not pencil at default assumptions, even with a modeled RESIDE Act grant.

Every floor carries 8,846 sq ft of windowless core — area that must be gutted, seismically braced and sprinklered but can never be rented as an apartment. Across 3 residential floors that is 26,537 sq ft of cost carrying no revenue.

Modeled conversion metrics for 2 Hyde St, 2026-10-12.

Suitability scoreMarginal50 / 100
Storiesfrom 70 ft LiDAR (2010) height ÷ 12 ft floor-to-floor4
Floor plateper floor, from the city footprint31,202 sq ft
Daylight efficiencyshare within 35 ft of a facade72%
Deepest interior pointviability threshold is 80 ft73 ft
Windowless coreper floor — renovated but never rentable8,846 sq ft
Estimated homesat 750 sq ft average71
Conversion cost$405/sq ft all-in on 93,605 sq ft$37.9M
Gap before grantshortfall against completed value$11.9M
Modeled RESIDE grantbelow the statutory cap$4.3M
BuiltSan Francisco's own record of the construction year1925
ZoningTenderloinC-3-G
Opportunity Zonenot in a 2018 designated tractNo

The plan: window line, shape and floor rhythm

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

The typical floor has 761 ft of exterior wall, and across 3 residential floors the building carries 2,284 ft of it in total, divided among the 71 homes this screen estimates.

Its plate is moderately compact at 0.68: 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 23.7 homes per floor, repeated on every residential floor, since this building's outline does not change as it rises.

Why 2 Hyde St scores 50 out of 100

Daylight efficiency 63, Interior depth 17, Scale 47, Finance 66 — each out of 100, then weighted.

Score components for 2 Hyde St. Points are the subscore times its weight.

ComponentSubscoreWeightPoints
Daylight efficiency72% of the floor area within 35 ft of a facade, scored from 40% up to 90%6345%28.5
Interior depthdeepest interior point 73 ft from a facade, scored from 80 ft down to 40 ft1725%4.3
Scale71 estimated homes, scored from 0 up to 1504715%7.1
Financeremaining gap is 20% of conversion cost, scored from 60% down to 0%6615%9.9

Most of what it earns comes from daylight efficiency, and what holds it back most is interior depth, at 17 out of 100: deepest interior point 73 ft from a facade, scored from 80 ft down to 40 ft.

Built in 1925

San Francisco records this building as going up in 1925, which puts it in the interwar stock.

As a rule, steel or concrete frames with punched windows and plates still narrow enough for daylight to reach the middle, often with high ceilings. Among the most convertible stock there is, and the reason so many early conversions were of buildings this age. 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 72% daylight figure above deserves.

What the conversion would cost

$405 per square foot all-in across 93,605 sq ft of converted floor, or $37.9M in total — about $534K for each of the 71 homes.

All-in cost per square foot for 2 Hyde 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 26,537 sq ft of windowless core, which has to be gutted, seismically braced and sprinklered like the rest of the building and then earns nothing. Against it the model sets a completed value of $366K a home, which for 71 homes is $26.0M.

What would have to be true

A $11.9M gap before any grant, $7.7M after the modeled one. The smallest single change that would close it: average unit size 20% down.

The shortfall before any grant is $11.9M. Closing it from the value side means each of the 71 homes finishing at $534K rather than the $366K the model assumes — 46% more. Closing it from the cost side means getting all-in cost down from $405 to $278 per square foot.

A modeled RESIDE grant of $4.3M moves that threshold to $474K a home. That is still above the $366K assumed, leaving $7.7M uncovered, which is why the grant does not unlock this one.

Nor do all four levers have to move. For 2 Hyde St, one alone would close the gap at:

Single-assumption flip points for 2 Hyde St, each holding the other three at their defaults.

Average unit sizethe binding constraint — the least this building would need20% downto 603 sq ft
Circulation efficiency24% upto 100%
Completed value per home29% upto $474K
Conversion cost per square foot31% downto $178/sq ft

All four are sliders in the survey, where 2 Hyde St re-scores against your own numbers.

How it compares in Downtown San Francisco

2 Hyde St ranks 192nd of the 205 buildings screened here, against a median score of 87.

Its floor plate is better lit than 12% of them, and shallower than 8% of them at its deepest interior point. On size it is the 148th 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 Tenderloin and the C-3-G zone

7th of 7 in Tenderloin, 19th of 22 zoned C-3-G — the comparison that shares its rules, rents and streets.

San Francisco places 7 of the screened buildings in Tenderloin. 2 Hyde St ranks 7th of them against a median score of 89. 4 score 70 or more, their median deepest interior point is 34 ft from a facade against this building’s 73 ft, and together they would hold an estimated 499 homes. The group’s top scorer is 40 Leavenworth St, at 92.

22 of the screened buildings are zoned C-3-G. 2 Hyde St ranks 19th of them against a median score of 76. 13 score 70 or more, their median deepest interior point is 51 ft from a facade against this building’s 73 ft, and together they would hold an estimated 2,588 homes. The group’s top scorer is 40 Leavenworth St, at 92.

Its nearest match in size: 47 Geary St

The screened building closest to 2 Hyde St in converted floor area is 47 Geary St: 88,656 sq ft over 5 stories, against 93,605 sq ft over 4 here.

2 Hyde St scores 50 to its 93, and with the size held roughly equal most of that shortfall comes from interior depth: 17 out of 100 here, 98 there (deepest interior point 41 ft from a facade, scored from 80 ft down to 40 ft). On the money they part ways: 47 Geary St pencils only with the modeled RESIDE grant, while 2 Hyde St falls short even with the modeled grant. The two stand about 4,200 ft apart.

Would it qualify for a RESIDE Act grant?

The model awards 2 Hyde St $4.3M, 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 2 Hyde St

The 4 closest the screen also covers, from 120 ft away. They are the colored outlines on the plan at the top of this page.

  • 1170 Market St
    7 stories · 100% daylit · 40 estimated homes · scores 89/100 (Strong candidate)
    about 120 ft away
  • 40 Leavenworth St
    6 stories · 100% daylit · 68 estimated homes · scores 92/100 (Strong candidate)
    about 600 ft away
  • 1275 Market St
    17 stories · 69% daylit · 375 estimated homes · scores 52/100 (Worth a feasibility study)
    about 720 ft away
  • 1067 Market St
    6 stories · 100% daylit · 42 estimated homes · scores 89/100 (Strong candidate)
    about 1,050 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.