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745 5Th StOakland, CA 94607

For Sale

$565,000

Smart Buyer Rebate $5,650

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.

Listed by Andrea West

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License #01889236

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Alliance Bay Realty

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Off: 415-328-0065

Last updated June 12, 2026

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Source: bridgeMLS #41137442

Listing Facts

  • TypeMulti-family
  • NeighborhoodAcorn Industrial
  • Bedrooms2
  • Days on Prevu11
  • Size1,260 sqft
  • Price per sqft$448

Amenities

  • Private Outdoor Space

Location

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Listing History

06/05/2026
Listed by Alliance Bay Realty
$565,000

Property Details for 745 5Th St

Association

Amenities

  • Community Features: Other

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1906
  • Construction Materials: Wood

Features

  • Patio And Porch Features: Patio

Measurements

  • Building Area Total: 1,260
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.02
  • Lot Size Area: 0
  • Lot Size Square Feet: 900
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 11151

Interior

Features

  • Flooring: Hardwood

Measurements

  • Living Area: 1,260
  • Living Area Units: Square Feet

Rooms

  • Bedrooms Total: 2

Other

Location

  • Subdivision Name: JACK LONDON SQ.

Utilities

Equipment

  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 2 bedrooms in this multi-family home at 745 5Th St.

How does 745 5Th St compare to other multi-family homes in Acorn Industrial?

This multi-family home is listed 60% below the average price for multi-family homes in Acorn Industrial and has been on the market for 142 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,260 sqft.

745 5Th St is a 2-bedroom multi-family home for sale in Oakland CA 94607. Listed on Prevu for 11 days at $565,000. This property features 1,260 square feet of living space, located in Oakland. The median listing price for multi-family homes in this area is $1,400,000. The home offers private outdoor space. Browse more multi-family home listings in Oakland.

Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.