201 Bassett St
201 Bassett St is a 6-story building in Downtown San Jose with 78% of its floor area within daylight reach of a facade. This screen estimates 104 homes and scores it 76 out of 100 for office-to-residential conversion suitability.
CA-18 · Screened 2026-09-12 · Strong candidate
Where 201 Bassett St is
Its block in Downtown San Jose, drawn from San Jose's own building outlines and street centerlines.
- Already housing
- Not screened
- 201 Bassett St
This building does not pencil at default assumptions, even with a modeled RESIDE Act grant.
Every floor carries 5,612 sq ft of windowless core — area that must be gutted, seismically braced and sprinklered but can never be rented as an apartment. Across 5 residential floors that is 28,061 sq ft of cost carrying no revenue.
Modeled conversion metrics for 201 Bassett St, 2026-09-12.
| Suitability scoreStrong candidate | 76 / 100 |
|---|---|
| Storiesfrom 78 ft LiDAR height ÷ 12 ft floor-to-floor | 6 |
| Floor plateper floor, from the city footprint | 25,170 sq ft |
| Daylight efficiencyshare within 35 ft of a facade | 78% |
| Deepest interior pointviability threshold is 80 ft | 52 ft |
| Windowless coreper floor — renovated but never rentable | 5,612 sq ft |
| Estimated homesat 750 sq ft average | 104 |
| Conversion cost$405/sq ft all-in on 125,849 sq ft | $51.0M |
| Gap before grantshortfall against completed value | $6.8M |
| Modeled RESIDE grantbelow the statutory cap | $6.2M |
| BuiltSan Jose does not publish a construction year with this data | — |
| ZoningDowntown San Jose | DC |
| Opportunity Zonenot in a 2018 designated tract | No |
The plan: window line, shape and floor rhythm
36 ft of exterior wall for each home the screen estimates — enough for two- and three-bedroom homes across the plan.
The typical floor has 744 ft of exterior wall, and across 5 residential floors the building carries 3,720 ft of it in total, divided among the 104 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 20.8 homes per floor, repeated on every residential floor, since this building's outline does not change as it rises.
Why 201 Bassett St scores 76 out of 100
Daylight efficiency 75, Interior depth 69, Scale 69, Finance 98 — each out of 100, then weighted.
Score components for 201 Bassett St. Points are the subscore times its weight.
| Component | Subscore | Weight | Points |
|---|---|---|---|
| Daylight efficiency78% of the floor area within 35 ft of a facade, scored from 40% up to 90% | 75 | 45% | 33.9 |
| Interior depthdeepest interior point 52 ft from a facade, scored from 80 ft down to 40 ft | 69 | 25% | 17.4 |
| Scale104 estimated homes, scored from 0 up to 150 | 69 | 15% | 10.4 |
| Financeremaining gap is 1% of conversion cost, scored from 60% down to 0% | 98 | 15% | 14.7 |
Most of what it earns comes from daylight efficiency, and what holds it back most is scale, at 69 out of 100: 104 estimated homes, scored from 0 up to 150.
What the conversion would cost
$405 per square foot all-in across 125,849 sq ft of converted floor, or $51.0M in total — about $490K for each of the 104 homes.
All-in cost per square foot for 201 Bassett 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 28,061 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 $425K a home, which for 104 homes is $44.2M.
What would have to be true
A $6.8M gap before any grant, $529K after the modeled one. The smallest single change that would close it: completed value per home 1% up.
The shortfall before any grant is $6.8M. Closing it from the value side means each of the 104 homes finishing at $490K rather than the $425K the model assumes — 15% more. Closing it from the cost side means getting all-in cost down from $405 to $351 per square foot.
A modeled RESIDE grant of $6.2M moves that threshold to $430K a home. That is still above the $425K assumed, leaving $529K uncovered, which is why the grant does not unlock this one.
Nor do all four levers have to move. For 201 Bassett St, one alone would close the gap at:
Single-assumption flip points for 201 Bassett St, each holding the other three at their defaults.
| Completed value per homethe binding constraint — the least this building would need | 1% upto $430K |
|---|---|
| Average unit size | 2% downto 738 sq ft |
| Conversion cost per square foot | 2% downto $256/sq ft |
| Circulation efficiency | 2% upto 81% |
All four are sliders in the survey, where 201 Bassett St re-scores against your own numbers.
How it compares in Downtown San Jose
201 Bassett St ranks 34th of the 82 buildings screened here, against a median score of 64.
Its floor plate is better lit than 57% of them, and shallower than 78% of them at its deepest interior point. On size it is the 69th largest by estimated homes. The full survey of all 82 buildings ranks and maps every one of them, and the list by address links each to its own page.
Within the DC zone
29th of 72 zoned DC — the comparison that shares its rules, rents and streets.
72 of the screened buildings are zoned DC. 201 Bassett St ranks 29th of them against a median score of 61. 31 score 70 or more, their median deepest interior point is 68 ft from a facade against this building’s 52 ft, and together they would hold an estimated 23,276 homes. The group’s top scorer is 1 Almaden Blvd, at 100.
Its nearest match in size: 300 S 1st St
The screened building closest to 201 Bassett St in converted floor area is 300 S 1st St: 126,186 sq ft over 7 stories, against 125,849 sq ft over 6 here.
201 Bassett St scores 76 to its 62, and with the size held roughly equal most of that lead comes from interior depth: 69 out of 100 here, 25 there (deepest interior point 70 ft from a facade, scored from 80 ft down to 40 ft). On the money they sit in the same place: each falls short even with the modeled grant. The two stand about 4,700 ft apart.
Would it qualify for a RESIDE Act grant?
The model awards 201 Bassett St $6.2M, 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 201 Bassett St
The 4 closest the screen also covers, from 420 ft away. They are the colored outlines on the plan at the top of this page.
- 199 Bassett St6 stories · 42% daylit · already an apartment buildingabout 420 ft away
- 373 W Julian St7 stories · 69% daylit · 142 estimated homes · scores 62/100 (Worth a feasibility study)about 670 ft away
- 255 W Julian St8 stories · 92% daylit · 79 estimated homes · scores 92/100 (Strong candidate)about 970 ft away
- 353 W Julian St9 stories · 65% daylit · 204 estimated homes · scores 53/100 (Worth a feasibility study)about 970 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.