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PRICE $5,500,000
BEDS 0
BATHS 0
HOME SIZE 12,682 sqft
LOT SIZE 18,069 sqft

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.

LAST UPDATED 12/12/2025 TRACT Baytree Way Apartments
YEAR BUILT 1950 COUNTY San Mateo
STATUS Pending PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Park Elementary
Jr. High School Borel Middle
High School San Mateo High


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
CONSTRUCTION Frame
HEAT Central, Forced Air, Natural Gas
LOT 0.4148 acre(s)
LOT DIMENSIONS 18070.00
PARKING Covered
POOL DESCRIPTION None
SEWER Public Sewer
SUBDIVISION Baytree Way Apartments
TAXES 84118
WATER Public
ZONING R5
Listed by Jimmy Castellanos | 408-483-5040, Marcus & Millichap

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 12/14/25 3:31 AM PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2025 MLSListings Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2025.


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