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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Carlos Azucena, DRE #01738155 • Marcus & Millichap

$ 7,088,000

Est. payment | -/mo

5 Beds

5.5 Baths

14,316 SqFt

Save

$ 7,088,000

Est. payment | -/mo

Save

5 Beds

5.5 Baths

14,316 SqFt

Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,316 sqft

Price per Sqft $495

MLS Listing ID ML82036937

Bedrooms 5

Full Baths 5

Half Baths 1

Year Built 1976

Lot Size 0.350 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

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

Area Baywood Park Etc.

Zoning R30000

Interior

Heating Electric, Wall Furnace

Cooling None

Laundry Coin Operated, Hookups Only

Exterior

Parking Features Assigned Spaces, Attached Garage, Carport

Garage Spaces 1.0

Utilities Available Public Utilities

Roof Type Clay,Flat / Low Pitch,Shingle,Tar and Gravel

Building

Foundation Concrete Perimeter, Crawl Space

Sewer Sewer - Public

Water Public

Others

Tax ID 041-203-010

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

2001-2003 Parrott DR San Mateo, CA 94402