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ActivePrice Reduced 67 days on market

20012003 Parrott Drive

San Mateo, CA 94402

$5,988,000

$7,088,000

20012003 Parrott Drive
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+10 more
Beds
Baths
Sq Ft
0.35Acres
1978Built

About This Home

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.

Property Details

Property TypeCommercialSale
Year Built1978
Lot Size0.35 acres
Parking Total1
HeatingElectric,WallFurnace
CoolingNone
PoolNo
MLS #1154268818
Days on Market67 days

Listed by

Carlos Azucena

Marcus & Millichap

MLS# ML478730

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

20012003 Parrott Drive | San Mateo, CA | Leeper Realty Group