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.
- MLS# ML82026751
- Date Listed11/05/2025
- Days on Realty 26 Days
- Bedrooms -
- Bathrooms
- Lot Size 0.41 acres (18,070 sq. ft)
- County San Mateo
- Year Built 1950
- Square Feet 12,682 sq. ft
- Price Per Sq. Ft $433.69
Interior Features
- Flooring Hardwood, Laminate
- Heating Forced Air
Exterior / Lot Features
- Roof Shingle
- Lot Size Acres 0.41
- Lot Size SQFT 18,070.00
- Lot Features -
Financial Considerations
Nearby Schools
Source: School Digger
North Shoreview Montessori Elementary School
Public • PK - 8 • Serves this home
0.83 mi
Distance
Public • 6 - 8 • Serves this home
1.77 mi
Distance
Public • 9 - 12 • Serves this home
1.4 mi
Distance
North Shoreview Montessori Elementary School
Public • PK - 8 • Serves this home
0.83 mi
Distance
San Mateo Park Elementary School
Public • PK - 5
0.94 mi
Distance
Public • PK - 5
1.05 mi
Distance
Public • PK - 5
1.65 mi
Distance
Public • PK - 5
2.36 mi
Distance
Public • PK - 5
2.4 mi
Distance
Public • PK - 5
2.47 mi
Distance
Public • PK - 5
2.81 mi
Distance
Fiesta Gardens International Elementary School
Public • PK - 5
2.83 mi
Distance
Public • PK - 5
3.61 mi
Distance
Public • 6 - 8 • Serves this home
1.77 mi
Distance
Public • 6 - 8
2.47 mi
Distance
Public • 6 - 8
3.92 mi
Distance
Burlingame Intermediate School
Public • 6 - 8
5.39 mi
Distance
Public • 6 - 12
5.62 mi
Distance
Public • 6 - 8
5.82 mi
Distance
Public • 6 - 8
6.32 mi
Distance
Mariposa Upper Elementary School
Public • 4 - 5
6.43 mi
Distance
Public • 6 - 8
6.43 mi
Distance
Public • 6 - 8
6.56 mi
Distance
Public • 9 - 12 • Serves this home
1.4 mi
Distance
Public • 9 - 12
1.61 mi
Distance
Public • 9 - 12
2.16 mi
Distance
Public • 9 - 12
3.92 mi
Distance
Public • 10 - 12
4.69 mi
Distance
Public • 9 - 12
5.39 mi
Distance
Public • 9 - 12
5.39 mi
Distance
Public • 9 - 12
6.43 mi
Distance
Public • 9 - 12
6.58 mi
Distance
Public • 9 - 12
7.77 mi
Distance
Crystal Springs Uplands High School
Private • 09 - 12
1.05 mi
Distance
Private • KG - 12
1.4 mi
Distance
Private • 06 - 12
1.77 mi
Distance
Private • 09 - 12
1.77 mi
Distance
Private • 09 - 12
3.5 mi
Distance
Private • 06 - 12
3.96 mi
Distance
Private • 06 - 12
3.96 mi
Distance
Private • PK - 12
4.08 mi
Distance
Private • 09 - 12
4.26 mi
Distance
Private • KG - 12
4.69 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 305 North Kingston Street | 3 | 1 | Nov 14, 2025 | $980,000 | Dec 01, 2025 | - |
| 343 Warren Road | 4 | 3 | Oct 14, 2025 | $2,788,000 | Dec 01, 2025 | - |
| 121 South Fremont Street | Listing | 3 | 1 | Nov 14, 2025 | $699,000 | Mar 21, 2024 | $1,217,500 |
| 29 Bloomfield Road | Listing | 4 | 4 | Nov 06, 2025 | $2,699,000 | Feb 16, 2024 | $3,441,000 |
| 29 Bloomfield Road | Listing | 4 | 4 | Nov 06, 2025 | $2,699,000 | Feb 16, 2024 | $3,441,000 |
| 840 North Idaho Street | Listing | 3 | 3 | Oct 09, 2025 | $1,199,000 | Mar 15, 2024 | $2,402,000 |
| 840 N Idaho Street | Listing | 3 | 3 | Oct 09, 2025 | $1,199,000 | Mar 15, 2024 | $2,402,000 |
| 236 Amherst Avenue | Listing | 5 | 3 | Nov 14, 2025 | $3,795,000 | Mar 15, 2024 | $4,386,000 |
| 236 Amherst Avenue | Listing | 5 | 3 | Nov 14, 2025 | $3,795,000 | Mar 15, 2024 | $4,386,000 |
| 31 Belford Way | Listing | 2 | 3 | Oct 08, 2025 | $1,988,000 | Mar 21, 2024 | $2,114,750 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 26,405 | 104,813 | 756,845 | 335,858,263 |
| Population Density | 4,921 | 8,428 | 1,688 | 95 |
| People per Household | 2.5 | 2.5 | 2.8 | 2.6 |
| Median Age | 45.5 | 42 | 42 | 39.1 |
| Median Income | $171,943 | $133,726 | $129,972 | $66,222 |
| Average Income | $91,601 | $69,895 | $66,333 | $35,475 |
| Cost of Living Index | 137 | 132 | 143 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 42.9°F | 42.9°F | 42.9°F | 22.6°F |
| July Avg. High Temp | 70.5°F | 70.5°F | 70.5°F | 86.2°F |
| Annual Precipitation | 23.35" | 23.35" | 23.35" | 38" |
91/100
Walker's Paradise
Walk Score ®
50/100
Good Transit
Transit Score ®
76/100
Very Bikeable
Bike Score ®
Overview
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.Transit Summary
9 nearby routes: 5 bus, 4 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 45/100, Transit Score: 17/100, Bike Score: 46/100.
Property Change History
Points of Interest near 24 Baytree Way, San Mateo, CA 94402
422 ft
Distance
581 ft
Distance
1003 ft
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0.2 mi
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581 ft
Distance
845 ft
Distance
1003 ft
Distance
0.21 mi
Distance
634 ft
Distance
686 ft
Distance
950 ft
Distance
1003 ft
Distance
950 ft
Distance
950 ft
Distance
950 ft
Distance
950 ft
Distance
950 ft
Distance
0.2 mi
Distance
0.2 mi
Distance
898 ft
Distance
1003 ft
Distance
1003 ft
Distance
0.2 mi
Distance
0.21 mi
Distance
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Frequently Asked Questions for 24 Baytree Way
Source: Realty.com
24 Baytree Way, San Mateo, CA 94402 is a Multi Family, Residential Income property listed for $5,500,000 The property is 12682 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 21 photos of 24 Baytree Way.
Our records indicate that 24 Baytree Way was built in 1950.
The full address for this home is 24 Baytree Way, San Mateo, CA 94402.
24 Baytree Way has been listed on Realty.com since Wed November 05, 2025
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 45/100, Transit Score: 17/100, Bike Score: 46/100.
There are 3 schools assigned to this home. Check out the schools near 24 Baytree Way. North Shoreview Montessori Elementary School (Grades: PK - 8), Borel Middle School (Grades: 6 - 8), San Mateo High School (Grades: 9 - 12)
Listing provided courtesy of:
Marcus & Millichap
(tel: 650-391-1700)
Listing agent:
Jimmy Castellanos
(tel: 408-483-5040)
(#MLL5073942)
This content last refreshed on 2025-12-01 17:31:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 24 Baytree Way, San Mateo, CA 94402 : MLS# ML82026751