20012003 Parrott Drive, San Mateo, CA 94402
List Price: $5.99M
Listing Status: Active
Original List Price: $7.09M
0Days on Market: 67
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1978
Lot Size: 15,246 sq ft
Annual Property Tax: $84,354
MLS Number: ML82036937
About This Property
PRICE REDUCED BY OVER $1,000,000! Crystal Springs Apartments is a generational multifamily asset, held by the same family for decades after establishing deep roots in San Mateo County more than 90 years ago. Constructed in 1978 by the developer of the adjacent Crystal Springs Village Shopping Center, the property reflects a level of care, intention, and permanence that is increasingly rare. Both in construction and interior character, the residences offer an experience more akin to a single-family home than a conventional rental property. It is 10-units consisting of (2) 2 bed / 2.5-bath townhouses, (5) 2 bed / 2 bath, and (3) 1 bed / 1 bath units. The property is two separate buildings located in a primarily single family residential neighborhood. It is situated on two separate parcels (041-203-010 and 041-203-020) that combine for ~0.35 acres of land. Residents enjoy amenities such as enclosed garage and covered parking, vaulted ceilings in second floor units, fireplace in each unit, and balconies and/or patios. The property's Peninsula location is near the midpoint of San Francisco and the Silicon Valley allowing for easy access to all major Bay Area employment centers. The neighboring multifamily property at 2005 Parrott Dr sold for $769,533 per unit on 2/20/2026.
Listing provided by: Carlos Azucena DRE #01738155 (650) 391-1700 cazucena@marcusmillichap.com, Marcus & Millichap
Source: CRMLS