I’ve been getting questions lately from first-time homebuyers and clients interested in investing in the Bayview. The new Third Street Corrido light rail is stimulating new interest in this neighborhood.  Residential and commercial developers have also targeted the area as one that holds promise and opportunity.

Parts of the Bayview still have a scrappy feel to them. It’s a block-to-block affair, particularly in the residential neighborhoods that straddle either side of Third. I know people who have lived happily lived there for years on tidy blocks lined with post-war single family homes, but the crime rate remains relatively high in other parts of this large district.  remain troubled by high crime activity (to learn about the crime rate in any particular neighborhood, you can visit the SFPD’s Crime Maps sight.)   

A second post will be up shortly that focuses on the Bayview strictly from an investors perspective. This one will discuss the Bayview in more general terms to help those unfamiliar with the area gain some understanding.

The backbone of the Bayview is Third Street, stretching southwards from the Lefty O’Doul Bridge towards the Daly City border.  If you start at this end and head towards the new development, your journey will seem endless. A better way to approach the neighborhood’s heart might be to cut East on Cesar Chavez from the edge of Noe Valley . This wide, busy street runs the dividing line between Bernal Heights and the Mission District, then edges the South Slope of Potrero Hill. Cut a right on Evans and you will shortly hit Third. 

The streets run in alphabetical order, heading South (Evans, Fairfax, Galvez, Hudson, etc.). It’s so long that it runs all the way through one alphabet and starts a new one before ending at Mead. 

Noteworthy developments, finished or in the works: 4343 Third (16 units, starting at $350,000 for a 1br/1ba), some small loft buildings on the 800 block of Innes completed between 2000-2005 (resales in the mid-500K range), and 5800 3rd Street (360 condominiums in the works) and 833-881 Jamestown, (+/- 175 condos in the works). 5800 Third has been getting attention lately because the developer signed a deal with Fresh and Easy on the ground floor– this wildly popular grocery chain from the UK is doing aggressive roll-outs across the country.

This entry was posted on Thursday, April 24th, 2008 at 10:37 am and is filed under San Francisco Neighborhoods. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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