N, Home Buyer in New York, NY

My wife and I may need to move to the Bay area because of my job. We're 30ish, no klds (and no plans), and

Asked by N, New York, NY Fri Feb 29, 2008

would like a decent nightlife. We're looking to buy at around 300 or 350k - if that is not possible then its another few years renting. Any suggestions on fun areas to live? We don't care about schools or typical family things but rather fun for young couples.. SF or Silicon Valley area.

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14
Hello,

For 350k you can get a two bedroom in Campbell which is part of San Jose. I think Campbell is your best bet because it has its own unique downtown that has a great nightlife. The location is great because you have all the big city needs of being in San Jose while still being part of a smaller community. Also, you are within 5 minutes of downtown San Jose and Santana Row, which is a trendy European style shopping and dining area.

Personally, I used to live in New York City and would compare this area to the Midtown, Murray Hill, and possibly upper east side areas of the city.

If you have any questions about bay area neighborhoods please feel free to shoot me an email.
1 vote Thank Flag Link Sat Mar 1, 2008
Yea, nothing for that price.
1 vote Thank Flag Link Fri Feb 29, 2008
If you consider the South Bay (Silicon Valley) - you can easily get a 2 bedroom condo near downtown San Jose or perhaps near Santana Row. Those are the two hot spots for night life in the area. This is also the bottom of our market pricing, albeit artificially low because of financing leaving the market, so when financing comes back, prices will too. Buyers in 2008 will do well.
1 vote Thank Flag Link Fri Feb 29, 2008
Mario Pinedo,…, Real Estate Pro in Beverly Hills, CA
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Wait a year or two. Prices will decline more in San Fran. They just started declining, be patient, they probably have another 30% to drop.
0 votes Thank Flag Link Mon Aug 4, 2008
There are condo developments just south of San Francisco where you can get what you want. One that comes to mind is Crown Colony. It is a gated community built in the mid 70's, it has pools, tennis courts, and it is a short BART ride for downtown SF.
Web Reference: http://www.fogcityguide.com
0 votes Thank Flag Link Mon Aug 4, 2008
Jed Lane; Fog…, Real Estate Pro in San Francisco, CA
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SInce you like decent nightlife, SF is the only choice. Unfortunetaly, you are unable to purchase anything with 350k.
0 votes Thank Flag Link Mon Aug 4, 2008
Hey, come and check out Oakland, it is just a bridge away and has some really cool nightlife. You can definately get a condo in the 300-350k range and in some neighborhoods even a house! You want to consult a local when deciding on neighborhoods because much like any urban city, the safety and vibe of the neighborhood can vary street by street. A lot of people 'hate on' Oakland, but it is a really great place to live! Here are some links to some great little spots to check out around town:
http://www.airoakland.com/home.php
http://www.levendeeast.com
http://www.lukasoakland.com
http://www.lanesplitterpizza.com
http://www.picturepubpizza.com/

and the list goes on....
I would be happy to answer any questions about Oakland, drop me a line! Best of luck to you~Jessica
0 votes Thank Flag Link Wed Mar 26, 2008
As you know, we are experiencing what is known as a buyer's market.
Here in the SF Peninsula, there are plenty of good buying opportunities for people with good credit.

You can get started with a Condominium....!

As I write this response, I am lookiing at the results I got out of a quick search with your price range.
The lowest priced CONDO in the San Francisco Mid-Peninsula is located in San Mateo, Ca.
Go to http://www.mlislistings.com and search it by MLS (Multiple Listing Service) number using #766110.
It has several photos that show you what you can get for that amount. It is priced at $199K.
Night life from this Condo is 20-30 minutes away (SF) or less (Downtown Redwood City, Palo Alto).

The second lowest priced CONDO is located in Mountain View priced at $270K and the MLS number is 774305. Find the listings and map them on http://www.google.com.

On top of that, if you are a first-time home buyer you may qualify for a California Home Financing Assistance Program to get a low interest rate loan.

Go to http://www.calhfa.ca.gov/ for more information.

You do need to contact a lender who is knowledgeable about the program.
There are a couple I know who can help you with that..

Good luck with your search!

Pablo Pinedo.
http://www.pablopinedo.com/
Web Reference: http://www.pablopinedo.com/
0 votes Thank Flag Link Tue Mar 25, 2008
if you situate yourself between Palo Alto and Los Gatos then you've got a great lifestyle -- Cupertino, Saratoga, Campbell area -- price points vary from town to town -- Campbell probablly being the most affordable.
Palo Alto has the Stanford theatre, Stanford Junior Art Museum and great eats - Osteria was our favorite right in downtown
247 Hamilton Ave
Palo Alto, CA 94301
(650) 328-5700
Los Gatos has a great down town with the best french pastry!
http://www.fleurdecocoa.com/
Then you can a drive down to Santa Cruz, Monterey and Carmel or Half Moon Bay.
Santana Row is a great place too..and it's close to Cupertino
Best of luck
Mary
0 votes Thank Flag Link Sun Mar 2, 2008
350 won't buy you anything in San Francisco. Average rent in the mission district is 1800 for a decent one bedroom. there are other area that can be less expensive. try craigslist for rentals. btw. san mateo is not fun
0 votes Thank Flag Link Fri Feb 29, 2008
I'd also add the Mission and SOMA to the list of fun neighborhoods here in the City with plenty of nightlife. There's a few studios at your price point in South Beach, and you'll find TICs in the price range in parts of SOMA.
0 votes Thank Flag Link Fri Feb 29, 2008
San Francisco for the lifestyle. Nothing in that price range though. Come and Enjoy!
Web Reference: http://www.jedlane.com
0 votes Thank Flag Link Fri Feb 29, 2008
Jed Lane; Fog…, Real Estate Pro in San Francisco, CA
MVP'08
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Another option can be San Mateo. It has great restaurants and a lot is happening, but of course the night life doesn't compare to SF. However, you can get to SF and Silicon Valley in 20 min by car or train. Prices for 1 bedroom condos start around $350k today, and if you have some time and patience - you can try short sale experience.
Web Reference: http://www.cimpler.com
0 votes Thank Flag Link Fri Feb 29, 2008
ARTUR URBANS…, Real Estate Pro in Burlingame, CA
MVP'08
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The nightlife in San Francisco would be better than Silicon Valley - hands down. The Marina is a happening area with lots of restaurants, bars, etc. Very lively. The price point for a one bedroom condo in the Marina is quite a bit higher than 300-350, hovering around $600-700. Renting would be a good option since it would allow you to live in the area before you make a major decision. SF has many neighborhoods - each unique and alot to offer. Other areas which you may like is: North Beach, South Beach, Pacific Heights.

You may check out the various neighborhoods at my website.

Good luck!
0 votes Thank Flag Link Fri Feb 29, 2008
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