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Sold for $5,650,000
  • $5,650,000

    Parrott Sanmateo, San Mateo, CA 94402

    5beds
    6baths
    14,316sqft
    Five Or More Units, Residential Income
    Built in 1978
    -- sqft lot
    $5,466,900 Zestimate®
    $395/sqft
    $5,154 Estimated rent

    Home value

    $5,466,900

    $5.19M - $5.74M

    $5,154/mo

    Zestimate® history
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    $5,154/mo

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    $35,901/mo

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    $35,901/mo

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    What's special

    Covered parkingEnclosed garageFireplace in each unit
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carlos Azucena 01738155 408-205-2679,

    Marcus & Millichap 650-391-1700

    Bought with:

    Carlos Azucena, 01738155

    Marcus & Millichap

    Source: MLSListings Inc,MLS#: ML82036937MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    Heating
    • Electric, Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Coin Operated, Hookups Only
    Features
    • Doors: None
    Interior area
    • Total structure area: 14,316
    • Total interior livable area: 14,316 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Attached, Carport
    • Garage spaces: 4
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 0.35 Acres
    Details
    • Parcel number: 041203010
    • Zoning: R30000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter, Crawl Space
    • Roof: Flat, Shingle, TarGravel, Clay
    Condition
    • Year built: 1978

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: San Mateo

    Financial & listing details

    • Price per square foot: $395/sqft
    • Date on market: 3/3/2026
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: Other, OvenRangeAllUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    7/8/2026Sold$5,650,000-5.6%$395/sqft
    Source: MLSListings Inc #ML82036937 Report a problem
    6/15/2026Contingent$5,988,000$418/sqft
    Source: MLSListings Inc #ML82036937 Report a problem
    4/29/2026Price change$5,988,000-15.5%$418/sqft
    Source: MLSListings Inc #ML82036937 Report a problem
    3/3/2026Listed for sale$7,088,000$495/sqft
    Source: MLSListings Inc #ML82036937 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 94402

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: SanMateoFosterCityElementary

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,466,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,466,900