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$5,200,000
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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.
Full Property Details
Full Property Details for 24 Baytree Way
General
- Sold For: $5,200,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82026751
- Added to Site: 164 day(s) ago
Interior
- Flooring: Carpet, Hardwood, Laminate
Rooms
Other Rooms
- Laundry: Coin-Operated
Additional Information
- Security/Safety: None
Parking
- Parking Features: Covered Parking
Location
- Area: Baywood/Parrott Park
- County: San Mateo
- Complex: Baytree Way Apartments
Heating & Cooling
- Cooling Type: Window / Wall Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Construction: Wood Frame
- Foundation: Concrete Perimeter
- Roof: Composition, Shingle
- Disability Access: None
- Square Feet: 12,682
- Year Built: 1950
Unit Information
Unit 1
- Square Feet: 775
- Bedrooms: 1
Unit 2
- Square Feet: 1056
- Bedrooms: 2
Unit 3
- Square Feet: 1200
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.4148
- Minimum Lot Size: 18070
- Building Sites: 1
- Zoning: R5
Disclosures and Reports
- Restrictions: None
Listed by Marcus & Millichap, Jimmy Castellanos
Sold by Ntero, Mary Bee
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Schools
Schools serving 24 Baytree Way
School Districts:San Mateo Union High School District, San Mateo-Foster City Elementary School District
| Name | Grades | Distance |
|---|---|---|
San Mateo Park Elementary School 161 Clark Drive, San Mateo, CA 94402 | K-5 | 0.8 mi |
Borel Middle School 425 Barneson Avenue, San Mateo, CA 94402 | 6-8 | 1.2 mi |
San Mateo High School 506 North Delaware Street, San Mateo, CA 94401 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24 Baytree Way
Date
Details
Price
Change
Source
4/17/2026
Sold
$5,200,000
-5.45%
MLS
11/05/2025
Listed
$5,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
24 Baytree Way, San Mateo, CA 94402 (MLS# ML82026751) is a Commercial Residential Facility property that was sold at $5,200,000 on April 17, 2026. Want to learn more about 24 Baytree Way? Do you have questions about finding other Commercial Residential Facility real estate for sale in San Mateo? You can browse all San Mateo real estate or contact a Coldwell Banker agent to request more information.

