Mixed-Use Building with Bakery
745 5Th St Oakland, CA 94607
745 5Th St, Oakland, CA, 94607
$565,000
For Sale
$565,000
MULTI_FAMILY - Oakland, CA
Property Size1,260 SF
Lot Size0.02 Acres
Price / SF$448.41
Days on Market47
Property Features for 745 5Th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1
- Standard status
- Active
- APN
- 11151
- Size
- 1,260 SF
- Lot size
- 0.02 Acres
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Water source
- Public
Building Details
- Year built
- 1906
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Wood
- Roof type
- Composition
Listing agency
Alliance Bay Realty
(510) 742-6600
Listed by
Andrea West · License #01889236
(415) 328-0065
Added: Jun 5 Updated: Jun 13 at 1:30AM Checked: Jul 21 at 9:06AM
MLS# 41137442
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use building combines a ground-floor storefront commercial space with an upstairs residential unit. The commercial portion operates with a long-term bakery tenant, and the residential component is an upstairs two-bedroom, one-bath unit. Both the storefront and the residence are fully occupied. The building retains original character elements including stained glass windows, hardwood floors, and wood built-ins, and it has recently been repainted in a signature bright pink.
Located at 745 5th St in Oakland, the property is positioned in the Jack London District. The remarks indicate it is just blocks from Jack London Square, the ferry terminal, and the Amtrak station, with immediate freeway access to I-880.
For buyers seeking an occupied live/work-style setup, this property offers two income-producing components under one roof, with the bakery business established on the ground floor and the residential unit above. Reported combined gross income is $48,000 annually, providing a straightforward operating picture for an incoming owner.
Located at 745 5th St in Oakland, the property is positioned in the Jack London District. The remarks indicate it is just blocks from Jack London Square, the ferry terminal, and the Amtrak station, with immediate freeway access to I-880.
For buyers seeking an occupied live/work-style setup, this property offers two income-producing components under one roof, with the bakery business established on the ground floor and the residential unit above. Reported combined gross income is $48,000 annually, providing a straightforward operating picture for an incoming owner.
Key Highlights
- Mixed‑use building with ground‑floor commercial space plus an upstairs 2‑bedroom, 1‑bath residential unit
- Both units are fully occupied, including a long‑term bakery tenant
- Combined gross income of $48,000 annually
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.7k | $40.20 |
| − Vacancy | −$2.3k | −$1.81 |
| EGI | $48.4k | $38.39 |
| − OpEx | −$21.8k | −$17.28 |
| NOI | $26.6k | $21.12 |
1,260 SF · lease $40.20/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$380.1K
$332.6K – $443.4K
NOI $26,605 @ 7.0% cap · market cap 4.71%
Second Best
Retail
$349.0K
$305.4K – $407.2K
NOI $24,430 @ 7.0% cap · market cap 4.32%
Theoretical Best
Multifamily LT 5
$412.5K
$361.0K – $481.3K
NOI $28,876 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Angel Cakes
Bakery
Gingerville
Church
Similar For Sale Nearby
Similar Off Market Nearby
- Elaine's Flowers — 295 9th St, Oakland, CA 94607
- SLAK Flowers — 388 9th St, Oakland, CA 94607
- Family Flower Shop — 320 10th St ste 123, Oakland, CA 94607
- From the Heart Florist — 1016 Webster St, Oakland, CA 94607
- Oakland Florist — 1101 Webster St, Oakland, CA 94607
FAQs
What type of property is this?
Storefront property - Ground-floor bakery space and an upstairs 2-bedroom unit are fully occupied in the Jack London District.
Where is this storefront property located?
The property is located at 745 5Th St Oakland, CA.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Mixed‑use building with ground‑floor commercial space plus an upstairs 2‑bedroom, 1‑bath residential unit; Both units are fully occupied, including a long‑term bakery tenant; Combined gross income of $48,000 annually
