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.
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Listing Snapshot
Price
$5,500,000
Days On Site
127 Days
Bedrooms
N/A
Inside Area (SqFt)
12,682 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.4148 Acres
Year Built
1950
MLS® Number
ML82026751
Status
Pending
Property Tax
$84,118
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
yesterday
Listing updated with changes from the MLS®
2 days ago
Status changed to Pending
4 months ago
Listing first seen on site
General Features
Acres
0.4148
Disclosures
Natural Hazard Disclosure
Foundation
Concrete Perimeter
Parking
Covered
Parking Spaces
5
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
12682
Water Source
Public
Zoning
R5
Interior Features
Cooling
Wall/Window Unit(s)
Flooring
LaminateCarpetHardwood
Heating
CentralForced AirNatural Gas
Laundry Features
Common Area
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Exterior Features
Construction Details
Frame
Pool Features
None
Roof
CompositionShingle
Community Features
Association Amenities
Coin Laundry
School District
San Mateo Union High
Schools
School District
San Mateo Union High
Elementary School
Park Elementary
Middle School
Borel Middle
High School
San Mateo High
Listed by of Jimmy Castellanos of Marcus & Millichap (408) 483-5040
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Last checked: 2026-03-13 09:12 AM UTC
Neighborhood & Commute
Source: Walkscore
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