745 5Th St, Oakland, CA 94607
745 5Th St, Oakland, CA 94607
745 5Th St, Oakland, CA 94607
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Andrea West, DRE #01889236 • Alliance Bay Realty
$565,000
Est. payment /mo
2 Beds
2 Baths
1,260 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,260 sqft

Price per Sqft $448

MLS Listing ID BE41137442

Bedrooms 2

Year Built 1906

Lot Size 900 Sqft

Property Sub-Type Duplex

Source Bay East

Property 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.

Location

State CA

County Alameda

Area Oakland Zip Code 94607

Interior

Heating Wall Furnace

Cooling Air Conditioning - None

Flooring Hardwood

Exterior

Parking Features No Parking

Roof Type Composition

Others

Tax ID 1-115-1

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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745 5Th St

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