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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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24 Baytree Way, San Mateo – $5,500,000

  • $5.5M Price
  • .41 Acres
  • 11 DOM
  • $5.5M Price
  • .41 Acres
  • 11 DOM

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.

Essential Information

  • MLS® #ML82026751
  • Price$5,500,000
  • Bathrooms0.00
  • Acres0.41
  • Year Built1950
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address24 Baytree Way
  • Area699 - Not Defined
  • CitySan Mateo
  • CountySan Mateo
  • Zip Code94402

Amenities

  • Parking Spaces5

Interior

  • CoolingWall/Window Unit(s)

Exterior

  • RoofComposition, Shingle

School Information

  • DistrictOther
  • ElementaryOther
  • MiddleOther
  • HighSan Mateo

Additional Information

  • Date ListedNovember 5th, 2025
  • Days on Market11
  • ZoningR5

Listing Details

  • AgentJimmy Castellanos
  • OfficeMarcus & Millichap
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Jimmy Castellanos, Marcus & Millichap.

Based on information from California Regional Multiple Listing Service, Inc. as of November 16th, 2025 at 2:20pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.