745 5Th St, Oakland, CA 94607
JACK LONDON SQ. · Alameda County
Key Facts
Description
A rare opportunity to acquire a piece of Oakland history in the heart of the Jack London District. This iconic mixed-use building is home to Angel Cakes Bakery, a beloved Bay Area institution and worker-owned cooperative that draws loyal customers from across the region for their famous and delicious cupcakes and cakes. Originally part of the storied Gingerbread House Creole restaurant complex, the building retains its original character: stained glass windows, hardwood floors, and wood built-ins; plus, recently repainted in its signature bright pink. The property features a ground-floor commercial space with a long-term bakery tenant and an upstairs two-bedroom, one-bathroom residential unit, both fully occupied. Combined gross income of $48,000 annually supports a strong cap rate for an incoming investor. Ideally situated just blocks from Jack London Square, the ferry terminal, the Amtrak station, and with immediate freeway access to I-880, the building offers the connectivity and character that defines this evolving Oakland corridor.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1906
Lot Size
0.02 acres
Days on Market
7
MLS® Listing#
41137442
Property Features
Heating
Flooring
Parking
Lot Features
Construction
Roof
Financial Details
Parcel Number
11151
Directions
Cross Street: Brush.
Affordability Calculator
$113,000
Estimated monthly payment
$3,007/mo
Principal $452,000 · Est. interest $630,580 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Oakland, CA
- $721,069
- Median Listing Price
- 52
- Median Days on Market
- 1,499
- Median Sq Ft
- $468
- Median Price / Sq Ft
- 1,353
- Active Listings
- This home’s price is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Oakland, CA.
Location
Points of Interest in Oakland, CA
Showing the Oakland area map.
Nearby Schools
Civicorps Corpsmember Academy
Secondary · 0.2 mi away
Leadership Public Schools
School · 0.3 mi away
Martin Luther King Junior Elementary
Elementary · 0.4 mi away
West Oakland Middle
Secondary · 0.5 mi away
Emeryville Taiko
School · 0.6 mi away
Oakland Unified School District
Elementary · 0.6 mi away
Oakland International School
Secondary · 0.7 mi away
Kipp Bridge Academy
School · 0.7 mi away
Lafayette Elementary
Elementary · 0.7 mi away
Lake Merritt Child Care Center
School · 0.7 mi away
KIPP Public Schools Northern California
School · 0.7 mi away
Golden Gate Feng Shui School
School · 0.8 mi away
Oakland Freedom School
School · 0.8 mi away
Lincoln Elementary School
Elementary · 0.8 mi away
Bay Area Technology School
School · 0.9 mi away
Ralph J. Bunche High School
Secondary · 0.9 mi away
Aims K-12 Charter Schools
Secondary · 0.9 mi away
American Indian Public Charter School I
Elementary · 0.9 mi away
Lower 48 Woodshop
Secondary · 0.9 mi away
St Martin de Porres Catholic School
Elementary · 1.0 mi away
Commute Calculator
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|---|---|---|---|---|
| 3477 Boston Ave, Oakland, CA | $398,000 | 2 | 1 | 856 |
| 3477 Boston Ave 4, Oakland, CA | $398,000 | 2 | 1 | 856 |
| 311 Oak St 520, Oakland, CA | $398,000 | 1 | 2 | 1,171 |
| 311 Oak St, Oakland, CA | $398,000 | 1 | 2 | 1,171 |
| 423 7Th St, Oakland, CA | $398,888 | 2 | 1 | 1,105 |
| 423 7Th St 208, Oakland, CA | $398,888 | 2 | 1 | 1,105 |
Moving Cost Estimate
EXIT Agents in Oakland
Listing Courtesy: Alliance Bay Realty - 5107426600
Presented by: Andrea West
Licensed in the state of California.