745 5th St, Oakland, CA 94607

$565,000
2
BD
1,260
SqFt
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List Price
$565,000
Status
ACTIVE
MLS#
41137442
Days on Market
127
Property Type
Duplex
Bedrooms
2
Living Area
1,260
Lot Size
900
Lot Description
Corner Lot
Subdivision
Jack London Sq.
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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.

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Additional Information

Year Built
1906
Acres
0.02
Flooring
Hardwood
Exterior
Wood
Garage Description
None
Basement
None
Cooling
No Air Conditioning
Heating
Wall Furnace
Parking Description
None
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Listing courtesy of Andrea West from Alliance Bay Realty

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Date and time last updated: Website provided by: Real Geeks LLC