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Listed by Jimmy Castellanos • Marcus & Millichap
$ 5,500,000
Est. payment /mo
Open Sat 12PM-1PM
24 Baytree Way San Mateo, CA 94402
12,682 SqFt
Open House
Sat Nov 08, 12:00pm - 1:00pm
Wed Nov 12, 12:00pm - 1:00pm
Fri Nov 14, 12:00pm - 1:00pm
Wed Nov 19, 12:00pm - 1:00pm
Fri Nov 21, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,682 sqft
Price per Sqft $433
MLS Listing ID ML82026751
HOA Y/N No
Year Built 1950
Lot Size 0.415 Acres
Property Sub-Type Other
Source Datashare MLSListings
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
Interior
Heating Forced Air
Flooring Hardwood, Laminate
Fireplace No
Laundry Coin Operated
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