Outside of the UCSF campus is not attractive. It is full of warehouses and concrete, and it is not safe to walk around alone at night. Travel to other parts of the city can take a while. There aren't many restaurants, nightlife or shops in the immediate area (though that is starting to change!)
Yes, it is not the best area. But it has so much potential and really, the only area with space to convert to homes and/or condos and restaurants and stores. Plus it is within easy reach of areas like South Beach which are full of nighttime activities and a great ballpark!