433 California St

433 California St is a 11-story building in Downtown San Francisco with 85% of its floor area within daylight reach of a facade. This screen estimates 129 homes and scores it 84 out of 100 for office-to-residential conversion suitability.

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

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Also addressed as 441 California St, 50 Leidesdorff St and 70 Leidesdorff St: San Francisco’s address records place all 4 on this one footprint.

Where 433 California St is

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

465 California St: scores 100 out of 100351 California St: scores 100 out of 100235 Pine St: scores 100 out of 100401 California St: scores 100 out of 100240 Montgomery St: scores 99 out of 100400 Montgomery St: scores 96 out of 100456 Montgomery St: scores 96 out of 100160 Sansome St: scores 95 out of 100475 California St: scores 94 out of 100417 Montgomery St: scores 93 out of 100191 Battery St: scores 93 out of 100340 Pine St: scores 91 out of 100369 Pine St: scores 91 out of 100430 California St: scores 91 out of 100483 Sacramento St: scores 90 out of 100111 Battery St: scores 90 out of 100140 Battery St: scores 83 out of 100464 California St: scores 82 out of 100350 California St: scores 77 out of 100255 Battery St: scores 73 out of 100530 California St: scores 67 out of 100537 Sacramento St: scores 64 out of 1001001001001009696959493919190827784SANSOME STLEIDESDORFF STCALIFORNIA STMONTGOMERY STPINE STN100 ftDowntown San Francisco
Suitability score
0–29
30–49
50–69
70–100
  • Already housing
  • Not screened
  • 433 California St
433 California 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. 433 California 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.
54 ftAA50 ftDaylit 85%Core 2,167 sq ft
Floor plan: 85% 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: 2,167 sq ft per floor that must be renovated but can never be rented as an apartment. The dimension marks the deepest interior point, 54 ft from the nearest window. A–A is where the section beside it is cut.
No homesWindowless coreDaylit11 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: 2,167 sq ft on the floor the screen scores, and 21,674 sq ft over 10 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 2,167 sq ft of windowless core — area that must be gutted, seismically braced and sprinklered but can never be rented as an apartment. Across 10 residential floors that is 21,674 sq ft of cost carrying no revenue.

Modeled conversion metrics for 433 California St, 2026-10-12.

Suitability scoreStrong candidate84 / 100
Storiesfrom 157 ft LiDAR (2010) height ÷ 12 ft floor-to-floor11
Floor plateper floor, from the city footprint14,266 sq ft
Daylight efficiencyshare within 35 ft of a facade85%
Deepest interior pointviability threshold is 80 ft54 ft
Windowless coreper floor — renovated but never rentable2,167 sq ft
Estimated homesat 750 sq ft average129
Conversion cost$405/sq ft all-in on 142,655 sq ft$57.8M
Gap before grantshortfall against completed value$10.6M
Modeled RESIDE grantbelow the statutory cap$7.7M
BuiltSan Francisco's own record of the construction year1913
ZoningFinancial District/South BeachC-3-O
Opportunity Zonenot in a 2018 designated tractNo

The plan: window line, shape and floor rhythm

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

The typical floor has 511 ft of exterior wall, and across 10 residential floors the building carries 5,112 ft of it in total, divided among the 129 homes this screen estimates.

Its plate is moderately compact at 0.69: 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 12.9 homes per floor, repeated on every residential floor, since this building's outline does not change as it rises.

Why 433 California St scores 84 out of 100

Daylight efficiency 90, Interior depth 66, Scale 86, Finance 92 — each out of 100, then weighted.

Score components for 433 California St. Points are the subscore times its weight.

ComponentSubscoreWeightPoints
Daylight efficiency85% of the floor area within 35 ft of a facade, scored from 40% up to 90%9045%40.3
Interior depthdeepest interior point 54 ft from a facade, scored from 80 ft down to 40 ft6625%16.5
Scale129 estimated homes, scored from 0 up to 1508615%12.9
Financeremaining gap is 5% of conversion cost, scored from 60% down to 0%9215%13.8

Most of what it earns comes from daylight efficiency, and what holds it back most is interior depth, at 66 out of 100: deepest interior point 54 ft from a facade, scored from 80 ft down to 40 ft.

Built in 1913

San Francisco records this building as going up in 1913, which puts it in the pre-1920 stock.

As a rule, the era that converts most readily: load-bearing masonry, small floor plates laid out before deep-plan offices were possible, operable windows and generous floor-to-floor heights. The usual obstacles are not daylight but hazardous materials, lifts and bringing structure up to current code. 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 85% daylight figure above deserves.

What the conversion would cost

$405 per square foot all-in across 142,655 sq ft of converted floor, or $57.8M in total — about $448K for each of the 129 homes.

All-in cost per square foot for 433 California 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 21,674 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 129 homes is $47.2M.

What would have to be true

A $10.6M gap before any grant, $2.8M after the modeled one. The smallest single change that would close it: average unit size 5% down.

The shortfall before any grant is $10.6M. Closing it from the value side means each of the 129 homes finishing at $448K rather than the $366K the model assumes — 22% more. Closing it from the cost side means getting all-in cost down from $405 to $331 per square foot.

A modeled RESIDE grant of $7.7M moves that threshold to $388K a home. That is still above the $366K assumed, leaving $2.8M uncovered, which is why the grant does not unlock this one.

Nor do all four levers have to move. For 433 California St, one alone would close the gap at:

Single-assumption flip points for 433 California St, each holding the other three at their defaults.

Average unit sizethe binding constraint — the least this building would need5% downto 712 sq ft
Circulation efficiency5% upto 84%
Completed value per home6% upto $388K
Conversion cost per square foot8% downto $240/sq ft

All four are sliders in the survey, where 433 California St re-scores against your own numbers.

How it compares in Downtown San Francisco

433 California St ranks 111th of the 205 buildings screened here, against a median score of 87.

Its floor plate is better lit than 44% of them, and shallower than 42% of them at its deepest interior point. On size it is the 115th 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

93rd of 165 in Financial District/South Beach, 57th 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. 433 California St ranks 93rd 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 54 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. 433 California St ranks 57th 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 54 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: 25 Hickory St

The screened building closest to 433 California St in converted floor area is 25 Hickory St: 143,363 sq ft over 8 stories, against 142,655 sq ft over 11 here.

433 California St scores 84 to its 65, and with the size held roughly equal most of that lead comes from daylight efficiency: 90 out of 100 here, 71 there (75% of the floor area within 35 ft of a facade, scored from 40% up to 90%). On the money they sit in the same place: each falls short even with the modeled grant. The two stand about 8,100 ft apart.

Would it qualify for a RESIDE Act grant?

The model awards 433 California St $7.7M, 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 433 California St

The 4 closest the screen also covers, from 100 ft away. They are the colored outlines on the plan at the top of this page.

  • 401 California St
    26 stories · 97% daylit · 181 estimated homes · scores 100/100 (Strong candidate)
    about 100 ft away
  • 465 California St
    17 stories · 100% daylit · 272 estimated homes · scores 100/100 (Strong candidate)
    about 140 ft away
  • 340 Pine St
    8 stories · 100% daylit · 58 estimated homes · scores 91/100 (Strong candidate)
    about 150 ft away
  • 430 California St
    21 stories · 88% daylit · 215 estimated homes · scores 91/100 (Strong candidate)
    about 210 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.