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$ 5,500,000

Est. payment | -/mo

5 Beds

4 Baths

12,682 SqFt

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$ 5,500,000

Est. payment | -/mo

Save

5 Beds

4 Baths

12,682 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Contingent

Purchase Type For Sale

Square Footage 12,682 sqft

Price per Sqft $433

Lot Size 0.415 Acres

MLS Listing ID ML82026751

Bedrooms 5

Full Baths 4

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.

Location

State CA

County San Mateo

Area Baywood/Parrott Park

Building/Comlex Name Baytree Way Apartments

Zoning R5

Interior

Heating Central Forced Air - Gas

Cooling Window / Wall Unit

Flooring Carpet, Hardwood, Laminate

1-purchase type For Sale

Exterior

Garage Covered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition,Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 032-412-210

Security Features None

Special Sale Not Applicable

Listed by Jimmy Castellanos of Marcus & Millichap
Bought with Jimmy Castellanos of Marcus & Millichap

24 Baytree WAY San Mateo, CA 94402

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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