745 5Th St, Oakland, CA 94607

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.

Listing Status:

Active

Date Added:

June 5, 2026

Data Last Updated:

July 5, 2026 at 3:17AM

Listing Office:

Alliance Bay Realty : 510-742-6600

Listing Agent:

Andrea West : 415-328-0065

MLS ID:

41137442

Interior

• Flooring: Wood
• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: Parking spaces: 0

Construction

• Roofing: Shingle
• General: Wood Siding

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CCBE
• County: Alameda

Lot

• Zoning: 11151

Financial

• Source: CRMLS_CCBE