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About the Listing CCBE-SLDN01 - CCBE-177519735
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.
Listing Highlights
Status
Active
Days on Site
29
Property Type
Multi-Family
MLS ®
41137442
Year Built
1906
Total Square Footage
0
Lot/Acreage
0.02
County
Alameda
Neighborhood
Jack London Sq.
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Corner Lot,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Shingle
- Others: Wood Siding,2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 11151
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
745 5th St Oakland, CA 94607
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