About 24 Baytree Way
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.
Features of 24 Baytree Way
| MLS® # | ML82026751 |
|---|---|
| Price | $5,500,000 |
| Square Footage | 12,682 |
| Acres | 0.41 |
| Year Built | 1950 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Contingent |
Community Information
| Address | 24 Baytree Way |
|---|---|
| Area | Baywood/Parrott Park |
| City | SAN MATEO |
| County | San Mateo |
| State | CA |
| Zip Code | 94402 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters, Public Utilities |
|---|---|
| Parking Spaces | 5 |
| Is Waterfront | No |
Interior
| Heating | Central Forced Air - Gas |
|---|---|
| Cooling | Room Air Conditioner(s) |
| Fireplace | No |
Exterior
| Roof | Composition Roof, Shingle Roof |
|---|---|
| Construction | Wood Frame |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | R5 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jimmy Castellanos |
|---|---|
| Office | Marcus & Millichap |
| Contact Info | 408-483-5040 |