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$ 5,988,000
Est. payment /mo
Price Dropped by $1.1M
20012003 Parrott DR San Mateo, CA 94402
0.35 Acres Lot
Open House
Fri May 08, 12:00pm - 1:00pm
Wed May 13, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82036937
HOA Y/N No
Year Built 1978
Annual Tax Amount $84,354
Lot Size 0.350 Acres
Property Description
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.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R30000
Interior
Heating Electric, Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 12
Roof Type Clay,Flat,Shingle,Tar/Gravel
Total Parking Spaces 1
Building
Water Public
Schools
School District Other
Others
Tax ID 041203010
Special Listing Condition Standard
Listed by Carlos Azucena Marcus & Millichap #01738155
NEARBY SCHOOL & BUSINESS