Multifamily
24 Baytree Way
24 Baytree Way, San Mateo, CA 94402
Listing Price: $5,500,000
Investment Overview
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.
24 Baytree Way
Investment Highlights
- Prime San Mateo Location in El Cerrito Manor, Bordering the Hillsborough Heights Neighborhood
- Rare Value-Add Opportunity to Curate Your Own Community Adjacent to Hillsborough Heights
- Classic Mid-Century Charm with Oversized Floor Plans.
- Strong, High-Income Tenant Base
- Highly Walkable Location Near Downtown San Mateo
- Excellent Location for High-Tech Commuters
Exclusively Listed By
Listing Price: $5,500,000
Investment Highlights
- Prime San Mateo Location in El Cerrito Manor, Bordering the Hillsborough Heights Neighborhood
- Rare Value-Add Opportunity to Curate Your Own Community Adjacent to Hillsborough Heights
- Classic Mid-Century Charm with Oversized Floor Plans.
- Strong, High-Income Tenant Base
- Highly Walkable Location Near Downtown San Mateo
- Excellent Location for High-Tech Commuters
Investment Overview
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.
Exclusively Listed By
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