It isn't to bad of an area. TPD says the crime rate in Hilltop is one of the lowest rates in the city. Of course you would still want to be cautious at night just like anywhere in any city. The intersection is pretty central to a lot of things. Wright Park is 3 blocks away and on the other side of the park is Stadium District. Then you have popular lounges like
Tempest Lounge and the soon to open 1022 South (formerly Monsoon Room) 2 blocks away. Up around MLK you have 2 grocery stores, a bank, lots of food options, post office, candy store, art gallery, art co-op, etc. Oh and by the way I have walked home (with friends) from the lounges above at night all the way down Yakima to 19th and haven't had a problem.
Are you looking at the St. James or the new Ninth Street Flats?
Here are some pics of the neighborhood:



