$1,400,000
For Sale

721 5th St

Oakland, CA 94607
Listing OfficeeXp Realty of California
Browse 21 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

The 721-745 5th Street mixed use complex is your opportunity to own a piece of historic Oakland. These two parcels, previously known as the Gingerbread House (a well known cajun/creole restaurant) are mired in Oakland history and a cornerstone piece of the community. On 745 5th Street, Angel Cakes Bakery, a well known and frequented establishment and the residential apartment above the bakery are fully leased and occupied with renewed leases as of this month. A community based, non-profit popular for events currently resides on 741 5th Street with a flexible lease term. There is a lush courtyard in between two structures at 741 5th St. providing great use of space and inviting atmosphere. Great opportunity for an investor to come into a stabilized asset with value-add opportunity, or a owner/user to move their business into part or the entire space at 721. These parcels are unique, full of character and charm. Stained glass windows, hard wood floors, and wood built-ins exist throughout every structure. Please inquire for more details on purchasing these parcels as a pair, or separately. www.HistoricOaklandGems.com

  • Property Details
      • Lot DescriptionBackYard, CornerLot, Garden
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$1,400,000
      • MLS #41076902
      • MLS #41076902
      • CountyAlameda
      • Cost1400000
      • Acres0.1399
      • Year Built1906

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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