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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.
Multi-familyProperty Type
1906Year Built
900 sq ftLot Size
$448Price/Sq.Ft.
Listed by Andrea West•DRE #01889236• Alliance Bay Realty
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Martin Luther King, Jr. Elementary School
Public K-5 • Assigned • 0.4mi
1/10
West Oakland Middle School
Public 6-8 • Assigned • 0.5mi
3/10
McClymonds High School
Public 9-12 • Assigned • 1.3mi
2/10
Provided by GreatSchools
About Acorn
Industrial
Acorn Industrial, located between I-980 and Telegraph Avenue, is a light-industrial and mixed-use Oakland neighborhood with warehouse blocks and a rail-and-freeway edge. The neighborhood’s character concentrates around the Mandela Parkway corridor, where loading docks, maker spaces, and small-batch workshops sit beside wide medians and street trees. Brick-and-concrete buildings, roll-up doors, and converted workspaces set an utilitarian architectural tone. Street grids feel open and sunlit, with long sightlines toward Downtown. Sidewalk life centers on daytime production, deliveries, and studio hours rather than late-night crowds.
Provided by Walk Score and Local Logic
Offer insights
745 5th St · $565,000
$573K and above
75% chance or better to win
Why $573K+ is a strong offer
DAYS ON MARKET
158 days
The average home goes pending in 18 days.
SALE-TO-LIST
109.7%
Most homes are selling 10% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Interior features
Hardwood floors
Bathrooms
Unit 1: 1 bathroom
Unit 2: 1 bathroom
Flooring
Hardwood
Heating & cooling
Wall furnace heating
No air conditioning
Exterior features
Patio
Corner lot
Home design
Duplex (residential income)
Built in 1906
Construction
Wood construction
Utilities
Public water
Public sewer
Natural gas available
Financial info
Two total units (duplex)
Electricity and solar
View estimated energy costs and solar savings for this home
bridgeMLS, Bay East AOR, or Contra Costa AOR #41137442
Jun 5, 2026
Listed
$565,000
$448/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #41076902
Jul 29, 2025
Listing Removed
—
Public Records
Sep 15, 2015
Sold
$950,100
$754/sq ft
Public Records
Sep 13, 2010
Sold
$209,000
$166/sq ft
Public Records
May 7, 2008
Sold
$390,000
$310/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #40301087
Apr 23, 2008
Listing Removed
—
Public Records
Jun 23, 1986
Sold
$35,000
$28/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,317 (+42.7%)
$18,111 + $344,120
$362,231
2024
$7,230 (−2.7%)
$17,756 + $337,374
$355,130
2023
$7,434 (−27.1%)
$17,408 + $330,759
$348,167
2022
$10,192 (+63.5%)
$16,732 + $317,917
$334,649
2021
$6,232 (+1.2%)
$16,732 + $317,917
$334,649
2020
$6,161 (+5.6%)
$16,404 + $311,684
$328,088
2019
$5,833 (+2.1%)
$16,236 + $308,489
$324,725
2018
$5,714 (+4.7%)
$15,918 + $302,442
$318,360
2017
$5,457 (+4.3%)
$15,300 + $290,700
$306,000
2016
$5,234 (+158.1%)
$15,300 + $290,700
$306,000
2015
$2,028 (−71.5%)
$15,000 + $285,000
$300,000
2009
$7,122 (+58.6%)
$52,812 + $123,228
$176,040
2008
$4,490
$52,938 + $123,522
$176,460
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
900 Sq. Ft.
Year renovated
1906
Finished Sq. Ft.
1,260
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,260
Year built
1906
Style
Multi-Family (2-4 Unit)
County
Alameda County
APN
001 011500100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
D-DT-JLI
WEST OAKLAND SPECIFIC PLAN
DOWNTOWN OAKLAND SPECIFIC PLAN
S-13
Downtown District Jack London Industrial Zone
The intent of the DDT-JLI Zone is to create, maintain, and enhance mixed industrial/commercial areas along the western edge of the Jack London District that will act as a transition between the more intensive West Oakland industrial area south of I-880 and the Jack London commercial area extending to the east. This transitional industrial area requires enhanced design and site plan review to ensure that future development does not adversely impact adjoining zones.
Zone overlays
Affordable Housing Combining Zone Regulations
Permitted uses
Include but are not limited to:
Greenhouse / nursery
General retail
Research & development
Fire house
Police station
Communications tower
Jun 26, 2025 • Active
Dot - curb gutter sidewalk standard compliance certificate
Grading
Nov 1, 2023 • Final
Dot - excavation (x)
Replace a broken utility pole and an open delta bank transformer. Perform restoration work following the replacement.
Gas
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
6 days above 82° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
16 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Oakland, CA • 94607
Average low and high temperatures (°F)
61
46
62
48
67
51
64
51
68
54
68
55
69
57
71
58
72
60
69
56
63
51
58
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home ranks in the top 14% for direct sun exposure in Oakland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 745 5th St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $499,000 and $665,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $499K to $665K.