2001-2003 Parrott DR, San Mateo, CA 94402

$5,650,000
14,316
SqFt

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Listed by Carlos Azucena, 408-205-2679 from Marcus & Millichap
(If provided) CoList: from

Sold listing courtesy of Carlos Azucena from M&MKW

Sold Price
$5,650,000
List Price
$5,988,000
Closing Date
Jul 08, 2026
MLS#
ML82036937
Status
SOLD
Sqft. of Residence
14,316
Lot Size
15,246
Listing Area
Baywood Park Etc.
Year Built
1978

Property Description

Price reduced 4/29/2026. 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.

Additional Information

Acres
0.35
Building Name
Crystal Springs Apartments
Cooling System
None
Foundation
Concrete Perimeter, Crawl Space
Garage Parking
Assigned Spaces, Attached Garage, Carport
Heating System
Electric, Wall Furnace
Laundry Facilities
Coin Operated, Hookups Only
Living Area
14,316
Lot Size
15,246
Neighborhood
Baywood Park Etc.
Other Utilities
Public Utilities
Roof
Clay, Flat / Low Pitch, Shingle, Tar and Gravel
Sewer
Sewer - Public
Zoning
R30000

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