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.
Details
| MLS # | 41137442 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1906 |
| Days On Site | 78 |
| Listing Provided By | Alliance Bay Realty | Andrea West |
Features
| Units | 2 |
|---|---|
| Acreage | 0.02 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Wood Siding |
| Lot Features | Corner Lot |
Parking
| Parking Features | None |
|---|
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94607 |
| Community Name | JACK LONDON SQ. |
| Listing VS Median (in JACK LONDON SQ.) | |
Price: $565,000 low | high Med: $0 On site: 78 low | high Med: | |
Market Activity 94607
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94607 |
| Community Name | JACK LONDON SQ. |
| Listing VS Median (in JACK LONDON SQ.) | |
Price: $565,000 low | high Med: $0 On site: 78 low | high Med: | |
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