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2005 Parrott DriveSan Mateo, CA 94402

For Sale

$2,588,888

Smart Buyer Rebate $25,889

Fantastic 3-unit residential income property located directly across from the vibrant Crystal Springs Village shopping center in the desirable Baywood Park area. Just 1/3 of a mile from Highway 92, this location offers quick & easy freeway access for commuters. Each unit benefits from proximity to top-rated schools, making it an appealing option for tenants w/ families. Additionally, you're just minutes from numerous parks & scenic hiking trails, perfect for outdoor recreation & weekend adventures. Properties like this are rarely available in this neighborhood SO DON'T WAIT! Inside each unit, you'll discover immaculate bathrooms, comfortable bedrooms, soaring ceilings, & sunlit living areas enhanced by oversized windows and glass doors, plus many thoughtful details throughout w/ a well-appointed kitchen in each. Unit A features 3 beds/2.5 baths - Unit B features 1 bed/1 bath - Unit C features 2 beds/2 baths. Unit A has a sizable patio while units B & C both have balconies. The building offers multiple carports along with an attached garage for added convenience & ample parking. If you're in the market for an income-generating property in one of the most desirable locations, look no further than 2005 Parrott Dr. (NOTE: 4,840 SqFt may include common / shared areas at the complex).

Listed by Stanley Lo

·

License #00874415

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Green Banker Realty

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650-373-0007

Last updated September 10, 2025

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Source: MLSListings #ML82010044

Listing Facts

  • TypeMulti-family
  • NeighborhoodSan Mateo Woods
  • Days on Prevu96
  • Taxes$22,723/year
  • Size4,840 sqft
  • Price per sqft$535

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

07/29/2025
Price Decreased
$2,588,888
06/06/2025
Listed by Green Banker Realty
$2,888,888

Property Details for 2005 Parrott Drive

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Composition, Shingle, Tar/Gravel
  • Stories: 2
  • Year Built: 1976
  • Year Built Details: 2

Measurements

  • Building Area Total: 4,840
  • Lot Size Acres: 0.19
  • Lot Size Area: 8,375
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,375
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.99
  • Gross Income: $109,296.00
  • Operating Expense Includes: Gardener, Insurance, Trash, Water/Sewer

Taxes

  • Parcel Number: 041-203-030
  • Tax Annual Amount: $22,723.00

Interior

Measurements

  • Living Area: 4,840

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Attached Garage

Schools

Elementary School

  • Elementary School District: San Mateo-Foster City Elementary

High School

  • High School District: San Mateo Union High

Utilities

Equipment

  • Cooling: Other
  • Heating: Other
  • Laundry Features: Coin Operated
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.