It's hard to advise you without knowing your investment goal for this area. Are you considering the purchase of a SFH to rehab and flip, hold and rent, or do you have a bigger project in mind? My guess is you're doing a buy and hold and want to gage the equity potential for this area, but I don't want to assume.
Bay View / Hunters Point has been trying to clean up and redevelop for awhile now, so if you're patient you will see a good ROI here, but there are certainly other options. I personally invest and work with a lot of investors throughout the Bay Area, so let me know if I can help guide you.
Gina Landers, Broker, CDPE
DRE # 178500375 License # 01388614