2001-2003 Parrott Drive San Mateo, CA $ 7,088,000
2001-2003 Parrott Drive
$ 7,088,000
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2001-2003 Parrott Drive

San Mateo, CA, 94402
$ 7,088,000
Bedrooms5 Baths-- Sq 14,316

Monthly Estimate*

$ 43,642

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Commercial Property for sale in San Mateo, CA

for $7,088,000 with 5 bedrooms. This 14,316 square foot building was built in 1976 on a lot size of 0.35.

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.

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Commercial Active

Price

$ 7,088,000

Bedrooms

5

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.35

Year Built

1976

Town/City

San Mateo

County/Region

San Mateo

MLS | Web ID

ML82036937

Features
General
Living Area 14316
Sewer Public Sewer
Heating Electric Wall Furnace
Cooling None
Roof Tar/Gravel
Appliances Dishwasher
Zoning R300
Year Built 1976
Property Subtype Other
County San Mateo
Property Type Commercial Sale
HOA N
Garage Y/N Yes
Status Active
City San Mateo
MLS Area Listing
Lot Size Square Feet 15246
Standard Status Active
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Exterior
Parking Features Attached Assigned
Lot Size Area 15246
Building Area Total 14316
Lot Size Acres 0.35
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Interior
Air Conditioning Y/N No
Heating Y/N Yes
Laundry Features Coin Operated
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Internal Only
Street Number 1 2001
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* Excluded Features
List By
Carlos Azucena

Listing Agent

Marcus & Millichap

Broker

cazucena@marcusmillichap.com

Email

Affordability Calculator

$43,642
Per Month
100%
0%
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Monthly Principal & Interest
$43,642
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/3/2026$7,088,000 Listed Price

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2001-2003 Parrott Drive, San Mateo, CA, 94402 is a Commercial Property for sale at $7,088,000 with 14,316 sqft and a lot size of 0.35. 2001-2003 Parrott Drive has 5 bedroomsThe property's zip code is 94402 which is in San Mateo, CA