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24 Baytree Way, SAN MATEO, CA 94402

$5,500,000 (Active)
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Listed by: Jimmy Castellanos - Marcus & Millichap

24 Baytree Way, SAN MATEO, CA 94402

$$5,500,000
Active
est.$5,500,000/month.
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beds. baths. 12,682 Sqft.

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24 Baytree Way, SAN MATEO, CA 94402

$5,500,000
Active
est.$5,500,000/month.
Start My Approval
beds baths 12,682 Sq.ft.
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Property details for 24 Baytree Way, SAN MATEO, CA 94402
Marcus & Millichap is pleased to present 24 Baytree Way, a ten-unit multifamily community located in the highly sought-after El Cerrito Manor neighborhood of San Mateo. Built in 1950, the property sits adjacent to Hillsborough Heights, where the average home value exceeds $4,000,000. This rare investment opportunity allows an investor to curate a boutique residential community surrounded by well-established single-family homes. The unit mix features a combination of one- and two-bedroom floor plans, each notably larger than typical apartment homes constructed during the 1950's. The property also offers two vacant, rent-ready units, providing immediate access for tours and a seamless transition for new ownership.
Broker details: Marcus & Millichap

Listed by: Jimmy Castellanos
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Property Description

MLS Information

  • Listing: ML82026751
  • Listing Last Modified: 2025-11-22

Property Details

  • Standard Status: Active
  • Built in: 1950
  • Subdivision: Baytree Way Apartments

Geographic Data

  • County: San Mateo
  • MLS Area: Baytree Way Apartments
Features

Interior Features

  • Flooring: Laminate, Carpet, Hardwood
  • Living area: 12682

Exterior Features

  • Roof type: Composition, Shingle
  • Pool: None
  • Foundation: Concrete Perimeter

Parking

    Utilities

    • Sewer: Public Sewer
    • Water: Public
    • Heating: Central, Forced Air, Natural Gas
    Property Information

    Tax Information

    • Tax Annual Amount: $84,118

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