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In-PersonVirtual Tour

$5,500,000
Est. payment /mo
0.41 Acres Lot
Open House
Sat Nov 08, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82026751
HOA Y/N No
Year Built 1950
Annual Tax Amount $84,118
Lot Size 0.415 Acres
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 699 - Not Defined
Zoning R5
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Carport Spaces 10
Roof Type Composition,Shingle
Total Parking Spaces 5
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools San Mateo
School District Other
Others
Tax ID 032412210
Special Listing Condition Standard
Read Less Info

Listed by Jimmy Castellanos Marcus & Millichap
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