Property Details
About this Property
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.
MLS Listing Information
MLS #
ML82026751
MLS Source
MLSListings, Inc.
Days on Site
29
Interior Features
Flooring
Carpet, Hardwood, Laminate
Laundry
Coin Operated
Cooling
Window/Wall Unit
Heating
Central Forced Air - Gas
Exterior Features
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage: 0 Car(s)
Elementary District
San Mateo-Foster City Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Zoning
R5
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | 10 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 775 | 1 | 1/0 | $2,350 | $3,150 | 6 |
| 2 | 1,056 | 2 | 1/0 | $2,800 | $2,875 | 2 |
| 3 | 1,200 | 2 | 2/0 | $2,875 | $3,074 | 2 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
24 Baytree Way is a Residential Income in San Mateo, CA 94402. This 12,682 square foot property sits on a 0.414 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,500,000 and was built in 1950. This address can also be written as 24 Baytree Way, San Mateo, CA 94402.
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This listing information is up-to-date as of November 22, 2025. For the most current information, please contact Jimmy Castellanos, (408) 483-5040
