Crystal Springs Multifamily Investment
2001 Parrott Dr San Mateo, CA 94402
2001 Parrott Dr, San Mateo, CA, 94402
$5,988,000
For Sale
$5,988,000
10-unit multifamily property in San Mateo, near Silicon Valley.
Lot Size0.35 Acres
Days on Market111
Property Features for 2001 Parrott Dr
General Information
- Standard status
- Active
- Lot size
- 0.35 Acres
- Property subtype
- Multifamily
Listing agency
Marcus & Millichap - Palo Alto
(650) 391-1746
Listed by
Carlos Azucena · License #License(s): CA: 01738155
(650) 391-1746
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 10 at 1:16PM Checked: Jul 10 at 1:16PM
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 Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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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 $5,988,000.
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.
