720 California St
720 California St is a 7-story building in Downtown San Francisco with 84% of its floor area within daylight reach of a facade. This screen estimates 72 homes and scores it 74 out of 100 for office-to-residential conversion suitability.
CA-11 · Screened 2026-10-12 · Strong candidate
Also addressed as 726 California St: San Francisco’s address records place both on this one footprint.
Where 720 California St is
Its block in Downtown San Francisco, drawn from San Francisco's own building outlines and street centerlines.
- Already housing
- Not screened
- 720 California St
This building does not pencil at default assumptions, even with a modeled RESIDE Act grant.
Every floor carries 2,157 sq ft of windowless core — area that must be gutted, seismically braced and sprinklered but can never be rented as an apartment. Across 6 residential floors that is 12,945 sq ft of cost carrying no revenue.
Modeled conversion metrics for 720 California St, 2026-10-12.
| Suitability scoreStrong candidate | 74 / 100 |
|---|---|
| Storiesfrom 98 ft LiDAR (2010) height ÷ 12 ft floor-to-floor | 7 |
| Floor plateper floor, from the city footprint | 13,547 sq ft |
| Daylight efficiencyshare within 35 ft of a facade | 84% |
| Deepest interior pointviability threshold is 80 ft | 57 ft |
| Windowless coreper floor — renovated but never rentable | 2,157 sq ft |
| Estimated homesat 750 sq ft average | 72 |
| Conversion cost$405/sq ft all-in on 81,283 sq ft | $32.9M |
| Gap before grantshortfall against completed value | $6.6M |
| Modeled RESIDE grantbelow the statutory cap | $4.3M |
| BuiltSan Francisco's own record of the construction year | 1926 |
| ZoningChinatown | C-3-G |
| Opportunity Zonenot in a 2018 designated tract | No |
The plan: window line, shape and floor rhythm
39 ft of exterior wall for each home the screen estimates — enough for two- and three-bedroom homes across the plan.
The typical floor has 464 ft of exterior wall, and across 6 residential floors the building carries 2,786 ft of it in total, divided among the 72 homes this screen estimates.
Its plate is compact at 0.79: close to a square or a circle, the most efficient envelope an office can have and the least generous one for apartments: little perimeter to divide among homes. How window line and plate shape are measured.
At the model’s 750 sq ft average, the plan works out at about 12.0 homes per floor, repeated on every residential floor, since this building's outline does not change as it rises.
Why 720 California St scores 74 out of 100
Daylight efficiency 88, Interior depth 56, Scale 48, Finance 89 — each out of 100, then weighted.
Score components for 720 California St. Points are the subscore times its weight.
| Component | Subscore | Weight | Points |
|---|---|---|---|
| Daylight efficiency84% of the floor area within 35 ft of a facade, scored from 40% up to 90% | 88 | 45% | 39.7 |
| Interior depthdeepest interior point 57 ft from a facade, scored from 80 ft down to 40 ft | 56 | 25% | 14.1 |
| Scale72 estimated homes, scored from 0 up to 150 | 48 | 15% | 7.2 |
| Financeremaining gap is 7% of conversion cost, scored from 60% down to 0% | 89 | 15% | 13.3 |
Most of what it earns comes from daylight efficiency, and what holds it back most is scale, at 48 out of 100: 72 estimated homes, scored from 0 up to 150.
Built in 1926
San Francisco records this building as going up in 1926, 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 84% daylight figure above deserves.
What the conversion would cost
$405 per square foot all-in across 81,283 sq ft of converted floor, or $32.9M in total — about $457K for each of the 72 homes.
All-in cost per square foot for 720 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 12,945 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 72 homes is $26.4M.
What would have to be true
A $6.6M gap before any grant, $2.2M after the modeled one. The smallest single change that would close it: average unit size 7% down.
The shortfall before any grant is $6.6M. Closing it from the value side means each of the 72 homes finishing at $457K rather than the $366K the model assumes — 25% more. Closing it from the cost side means getting all-in cost down from $405 to $324 per square foot.
A modeled RESIDE grant of $4.3M moves that threshold to $397K a home. That is still above the $366K assumed, leaving $2.2M uncovered, which is why the grant does not unlock this one.
Nor do all four levers have to move. For 720 California St, one alone would close the gap at:
Single-assumption flip points for 720 California St, each holding the other three at their defaults.
| Average unit sizethe binding constraint — the least this building would need | 7% downto 701 sq ft |
|---|---|
| Circulation efficiency | 7% upto 86% |
| Completed value per home | 9% upto $397K |
| Conversion cost per square foot | 11% downto $232/sq ft |
All four are sliders in the survey, where 720 California St re-scores against your own numbers.
How it compares in Downtown San Francisco
720 California St ranks 135th of the 205 buildings screened here, against a median score of 87.
Its floor plate is better lit than 42% of them, and shallower than 34% of them at its deepest interior point. On size it is the 145th 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 Chinatown and the C-3-G zone
8th of 12 in Chinatown, 13th of 22 zoned C-3-G — the comparison that shares its rules, rents and streets.
San Francisco places 12 of the screened buildings in Chinatown. 720 California St ranks 8th of them against a median score of 80. 11 score 70 or more, their median deepest interior point is 54 ft from a facade against this building’s 57 ft, and together they would hold an estimated 2,335 homes. The group’s top scorer is 505 Sansome St, at 99.
22 of the screened buildings are zoned C-3-G. 720 California St ranks 13th 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 57 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: 234 1st St
The screened building closest to 720 California St in converted floor area is 234 1st St: 81,356 sq ft over 7 stories, against 81,283 sq ft over 7 here.
720 California St scores 74 to its 93, and with the size held roughly equal most of that shortfall comes from interior depth: 56 out of 100 here, 100 there (deepest interior point 37 ft from a facade, scored from 80 ft down to 40 ft). On the money they part ways: 234 1st St pencils only with the modeled RESIDE grant, while 720 California St falls short even with the modeled grant. The two stand about 3,600 ft apart.
Would it qualify for a RESIDE Act grant?
The model awards 720 California 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 720 California St
The 4 closest the screen also covers, from 390 ft away. They are the colored outlines on the plan at the top of this page.
- 636 California St33 stories · 79% daylit · 444 estimated homes · scores 71/100 (Strong candidate)about 390 ft away
- 601 California St22 stories · 83% daylit · 265 estimated homes · scores 81/100 (Strong candidate)about 540 ft away
- 401 Kearny St5 stories · 78% daylit · 62 estimated homes · scores 68/100 (Worth a feasibility study)about 610 ft away
- 580 California St23 stories · 80% daylit · 304 estimated homes · scores 72/100 (Strong candidate)about 700 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.