$5,200,000

24 Baytree WAY, San Mateo CA, 94402

Price per sqft$410.03

Built in1950

Property size12,682 sqft

Property typeResidential

Overview

Sold

Listed Nov 5, 2025

Updated 2 days ago

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

MLS^® ID: ML82026751

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.41 Acres

Listed by Marcus & Millichap, Jimmy Castellanos DRE:02024152,
Listing Contact: 408-483-5040

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Data last updated 8:13 PM UTC, 9/18/2026