Contact Jimmy at jcastellanos@marcusmillichap.com for OM.
Jimmy Castellanos of 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.