745 5th St Oakland, CA 94607
Jack London Square NeighborhoodEstimated payment $3,960/month
Highlights
- Wood Flooring
- No HOA
- Wall Furnace
- Corner Lot
About This Home
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 Agent
Alliance Bay Realty Brokerage Phone: 415-328-0065 License #01889236 Listed on: 06/05/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1906
Lot Details
- 900 Sq Ft Lot
- Corner Lot
Home Design
- Duplex
- Composition Shingle Roof
- Wood Shingle Exterior
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Additional Features
- Wood Flooring
- Wall Furnace
Community Details
- No Home Owners Association
- 2 Units
- Jack London Sq. Subdivision
Listing and Financial Details
- Assessor Parcel Number 11151
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $10,317 | $362,231 | $18,111 | $344,120 |
| 2025 | $10,317 | $355,130 | $17,756 | $337,374 |
| 2024 | $7,230 | $348,167 | $17,408 | $330,759 |
| 2023 | $7,434 | $341,342 | $17,067 | $324,275 |
| 2022 | $10,192 | $334,649 | $16,732 | $317,917 |
| 2021 | $6,232 | $328,088 | $16,404 | $311,684 |
| 2020 | $6,161 | $324,725 | $16,236 | $308,489 |
| 2019 | $5,833 | $318,360 | $15,918 | $302,442 |
| 2018 | $5,714 | $312,120 | $15,606 | $296,514 |
| 2017 | $5,457 | $306,000 | $15,300 | $290,700 |
| 2016 | $5,235 | $300,000 | $15,000 | $285,000 |
| 2015 | $2,029 | $74,620 | $10,660 | $63,960 |
| 2014 | $1,980 | $73,158 | $10,451 | $62,707 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2026 06/05/26 | For Sale | $565,000 | -- | $448 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $950,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $209,000 | Chicago Title Company | |
| Trustee Deed | $390,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $540,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $300,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | Balloon | |
| Previous Owner | $167,200 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | Stand Alone Second | |
| Previous Owner | $40,000 | Unknown |
Source: Bay East Association of REALTORS®
MLS Number: 41137442
APN: 001-0115-001-00
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