Bought with Mary Bee • Intero Real Estate Services
$5,200,000
For more information regarding the value of a property, please contact us for a free consultation.
24 Baytree WAY San Mateo, CA 94402
5 Beds
4 Baths
12,682 SqFt
Key Details
Sold Price $5,200,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 12,682 sqft
Price per Sqft $410
MLS Listing ID ML82026751
Sold Date 04/17/26
Bedrooms 5
Full Baths 4
Year Built 1950
Lot Size 0.415 Acres
Property Sub-Type Five or More Units
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/Complex Name Baytree Way Apartments
Zoning R5
Interior
Heating Central Forced Air - Gas
Cooling Window / Wall Unit
Flooring Carpet, Hardwood, Laminate
Laundry Coin Operated
Exterior
Parking Features 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 Listing Condition Not Applicable
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PRIVATE OFFICE ADVISOR & LICENSED PARTNER | Realtor® | License ID: CA DRE #01793936