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24 Baytree Way San Mateo, CA $ 5,500,000
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$ 5,500,000 Get more info
24 Baytree Way
$ 5,500,000
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24 Baytree Way

San Mateo, CA, 94402
$ 5,500,000
Bedrooms5 Baths-- Sq 12,682

Monthly Estimate*

$ 33,864

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Commercial Property for sale in San Mateo, CA

for $5,500,000 with 5 bedrooms. This 12,682 square foot building was built in 1950 on a lot size of 0.41483.

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.

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Commercial Pending

Price

$ 5,500,000

Bedrooms

5

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.41483

Year Built

1950

Town/City

San Mateo

County/Region

San Mateo

MLS | Web ID

ML82026751
Features
General
Living Area 12682
Sewer Public Sewer
Heating Forced Air
Roof Composition Shingles
Zoning R5
Year Built 1950
Property Subtype Other
County San Mateo
Property Type Commercial Sale
HOA N
Garage Y/N No
Status Pending
City San Mateo
MLS Area Listing
Lot Size Square Feet 18070
Standard Status Pending
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Interior
Flooring Hardwood Laminate
Heating Y/N Yes
Laundry Features Coin Operated
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Exterior
Parking Features Covered
Lot Size Area 18070
Building Area Total 12682
Lot Size Acres 0.41
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Internal Only
Street Number 1 24
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* Excluded Features
List By
Jimmy Castellanos

Listing Agent

Marcus & Millichap

Broker

jimmy.castellanos@marcusmillichap.com

Email

Affordability Calculator

$33,864
Per Month
100%
0%
0%
Monthly Principal & Interest
$33,864
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/5/2025$5,500,000 Listed Price

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24 Baytree Way, San Mateo, CA, 94402 is a Commercial Property for sale at $5,500,000 with 12,682 sqft and a lot size of 0.41483. 24 Baytree Way has 5 bedroomsThe property's zip code is 94402 which is in San Mateo, CA

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