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Listed by Carlos Azucena • Marcus & Millichap
$ 5,988,000
Est. payment | /mo
14,316 SqFt
$ 5,988,000
Est. payment | /mo
14,316 SqFt
Open House
Fri May 08, 12:00pm - 1:00pm
Wed May 13, 12:00pm - 1:00pm
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 14,316 sqft
Price per Sqft $418
MLS Listing ID ML82036937
HOA Y/N No
Year Built 1978
Lot Size 0.350 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
PRICE REDUCED BY OVER $1,000,000! 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.
Location
State CA
County San Mateo
Interior
Heating Electric, Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher
Laundry Coin Operated
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