2001-2003 Parrott Drive, SAN MATEO, CA 94402

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2001-2003 Parrott Drive, SAN MATEO, CA 94402

(Active Under Contract)

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Listed by: Carlos Azucena - Marcus & Millichap

Active Under Contract

est.$5,988,000/month.

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beds. baths. 14,316 Sqft.

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Mortgage Broker

Ray Avanzino
Polaris Capital Partners
Ray@polariscappartners.com
(650) 576-6531
NMLS# 288504
Company NMLS# 01391664

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or Call Now: (650) 576-6531

2001-2003 Parrott Drive, SAN MATEO, CA 94402

$5,988,000

Active Under Contract

est.$5,988,000/month.

Start My Approval

beds baths 14,316 Sq.ft.

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Property details for 2001-2003 Parrott Drive, SAN MATEO, CA 94402

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.

Broker details: Marcus & Millichap

Listed by: Carlos Azucena

Property Description

MLS Information

Listing: ML82036937
Listing Last Modified: 2026-06-19

Property Details

Standard Status: Active Under Contract
MLS Status: Contingent
Built in: 1978
Subdivision: Crystal Springs Apartments
Lot size area: 15246 Square Feet

Geographic Data

County: San Mateo
MLS Area: Crystal Springs Apartments

Features

Interior Features

Living area: 14316

Exterior Features

Roof type: Tar/Gravel, Flat, Shingle, Tile
Pool: None
Foundation: Concrete Perimeter

Parking

Garage spaces: 4

Utilities

Sewer: Public Sewer
Water: Public
Heating: Electric, Wall Furnace

Property Information

Tax Information

Tax Annual Amount: $84,354

Rossetti Realty Inc.

2001-2003 Parrott Drive, SAN MATEO, CA 94402