24 Baytree WAY, San Mateo, CA 94402

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Listing courtesy of Jimmy Castellanos from Marcus & Millichap. 408-483-5040

Selling Office: NTERO.

Sold Price
$5,200,000
List Price
$5,500,000
Status
SOLD
Closing Date
Apr 17, 2026
MLS#
ML82026751
Subtype
com
Year Built
1950
Living Area
12,682
Lot Size
18,070
Acres
0.41
Neighborhood
Baywood/Parrott Park
Building Name
Baytree Way Apartments

Property Description

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.

Additional Information

Zoning
R5
Roof
Composition, Shingle
Foundation
Concrete Perimeter

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Calculator source: Real Geeks

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