1 Almaden Blvd
1 Almaden Blvd is a 15-story building in Downtown San José with 94% of its floor area within daylight reach of a facade. This screen estimates 190 homes and scores it 100 out of 100 for office-to-residential conversion suitability.
CA-16 · Screened 2026-09-12 · Strong candidate
This building's conversion pencils at default assumptions without any subsidy.
Every floor carries 766 sq ft of windowless core — area that must be gutted, seismically braced and sprinklered but can never be rented as an apartment. Across 14 residential floors that is 10,730 sq ft of cost carrying no revenue.
| Suitability scoreStrong candidate | 100 / 100 |
|---|---|
| Storiesfrom 176 ft LiDAR height ÷ 12 ft floor-to-floor | 15 |
| Floor plateper floor, from the city footprint | 13,525 sq ft |
| Daylight efficiencyshare within 35 ft of a facade | 94% |
| Deepest interior pointviability threshold is 80 ft | 40 ft |
| Windowless coreper floor — renovated but never rentable | 766 sq ft |
| Estimated homesat 750 sq ft average | 190 |
| Conversion cost$405/sq ft all-in on 189,349 sq ft | $76.7M |
| Gap before grantpencils unsubsidized | -$4.1M |
| Modeled RESIDE grantat the statutory per-award cap | $10.0M |
| ZoningDowntown | DC |
These figures are a screen, not a feasibility study, and they come from public footprint and height data rather than from plans. See how this was computed and what it cannot tell you, or open this building in the interactive survey to change the assumptions behind it.