2 months on rocket

721 5th St, Oakland, CA, 94607

$1,400,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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721 5th St, Oakland$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1906
HeatingOther
MLS #41076902
Lot Size0.14 Acres
StatusActive

About 721 5th St

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

Property Features

Property Information:

  • Year Built: 1906

Listing Office:

  • Office Name: eXp Realty of California
  • Office Phone: (888) 832-7179
  • Listing Agent: Andrea West

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood

Lot Features

Lot Information:

  • Lot: Back Yard, Corner Lot, Garden
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Other

Other

Directions Information:

  • Directions: East on 5th @Brush Cross Street: Brush.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000

Tax Information:

  • Annual Amount: $11,835
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$850K

Med. Price/SqFt

$587

Avg. Days On Market

42

# of Sold Homes

220

721 5th St vs Oakland

65 DAYS ON ROCKET

+23 Days

$1,400,000

+$550K More

KEY TAKEAWAY

This property is $550K more than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41076902

Listing Office:

  • Office Name: eXp Realty of California
  • Office Phone: (888) 832-7179
  • Listing Agent: Andrea West

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 13, 2010Home Sold
$209,000
May 07, 2008Home Sold
$390,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,835$710,858
2020$11,834$703,572
2019$10,946$689,780
2018$10,518$676,260
2017$10,518$663,000

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1043404
3
/10

  • Martin Luther King Jr. Elementary School

  • 960 10th St

  • 0.38 miles

  • Public District Grades PK-3

school-card-donut-1043405
7
/10

  • Lincoln Elementary School

  • 225 11th St

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-1043406
3
/10

  • PLACE at Prescott Elementary School

  • 920 Campbell St

  • 1.03 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $138,393. Typical income of Oakland, CA residents is between $100k-200k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 721 5th St

What is the listing price of this property?

The listing price of 721 5th St property is $1,400,000.

What type of property is this?

The property 721 5th St is a house located in Oakland, California, 94607.

Is this property for sale now?

Active Listing: 721 5th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,835 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 13, 2010 for $209,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 721 5th St is 1906.

Rocket Homes›California›Alameda County›Oakland›94607›721 5th St

This home is located at 721 5th St in Oakland, CA and zip code 94607 in the Produce and Waterfront neighborhood. This home, which was built in 1906, sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $1,400,000.

While more than 122 listings in Oakland, CA in November 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 59 were sold below. In November 2024 in Oakland, CA there were 12.3% less homes for sale than in October 2024. In November 2024 median list price was $850,000 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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