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2001 Parrott Dr San Mateo, CA 94402

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For Sale
$7,088,000

10-unit multifamily property in San Mateo, near Silicon Valley.

Type:Multifamily
Lot size:
0.35 Acres
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:09 am

Property Features for 2001 Parrott Dr

General Information

Standard status
Active
Lot size
0.35 Acres
Property subtype
Multifamily

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Listing Contact
Carlos Azucena

Listing agent Carlos Azucena License #CA: 01738155

Listing office Palo Alto Office

Listing date Apr 3, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Palo Alto Office


Overview

Crystal Springs Multifamily Investment Opportunity

Crystal Springs Apartments is a multifamily asset that has been under the same family's ownership for several decades. Constructed in 1978, the property consists of two separate buildings situated in a primarily single-family residential neighborhood. The property is located on two separate parcels combining for approximately 0.35 acres of land. The unit mix comprises (2) 2-bedroom/2.5-bath townhouses, (5) 2-bedroom/2-bath units, and (3) 1-bedroom/1-bath units. Residents have access to amenities including enclosed garages and covered parking, vaulted ceilings in second-floor units, a fireplace in each unit, and balconies and/or patios. The property's location provides access to major Bay Area employment centers. The neighboring multifamily property at 2005 Parrott Dr sold for $769,533 per unit on 2/20/2026.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
San Mateo
County
San Mateo
State
California
Longitude
-122.337126
Latitude
37.522049

FAQs

What type of property is this?
Apartment building - 10-unit multifamily property in San Mateo, near Silicon Valley.
Where is this apartment building located?
The property is located at 2001 Parrott Dr San Mateo, CA.
What is the asking price?
The asking price for this property is $7,088,000.
What are key features of this property?
This property features: Prime Peninsula location provides easy access to San Francisco and Silicon Valley employment centers.; Spacious units offer a single‑family home feel, including (2) 2 bed / 2.5‑bath townhouses, (5) 2 bed / 2 bath, and (3) 1 bed / 1 bath units.; Amenities include enclosed garage and covered parking, vaulted ceilings in second floor units, fireplace in each unit, and balconies and/or patios.
More about this property
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