$2,888,888

2005 Parrott Dr San Mateo, CA 94402

Baywood Park Neighborhood

Estimated payment $18,049/month

Total Views 6,167
6 Beds
6 Baths
4,840 Sq Ft
$597 Price per Sq Ft

Highlights

  • Popular Property
  • Highlands Elementary School Rated A-
  • Coin Laundry

About This Home

Fantastic 3-unit residential income property located directly across from the vibrant Crystal Springs Village shopping center in the desirable Baywood Park neighborhood. Just a third of a mile from Highway 92, this location offers quick and easy freeway access for commuters. Each unit benefits from proximity to top-rated schools, making it an appealing option for tenants with families. Unit A features 3 beds/2.5 baths - Unit B features 1 bed/1 bath - Unit C features 2 beds/2 baths. Properties like this are rarely available in this sought-after area -- don't miss your chance to own a triplex at 2005 Parrott Drive. -- 4,840 SqFt per (Title) public records (Note: The 3,325 SqFt reported in the previous listing reflects the total interior living space of all three units only and does not include the proportional share of the building's common areas.)

Last Listed By

Stanley Lo

Green Banker Realty License #00874415 Listed on: 06/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,723

Year Built

  • 1976

Lot Details

  • 8,377 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Raised Foundation
  • Shingle Roof
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,840 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $720
  • Insurance Expense $1,705
  • Utility Expense $5,223
  • Trash Expense $1,428
  • Operating Expense $31,799
  • Gross Income $109,296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,723

Year Built

1976

Lot Details

0

Parking

3

Listing Details

  • Zoning: R30000
  • Subclass: Triplex
  • Age: 49
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4840
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Living Sq Ft: 4840
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Raised
  • Roof: Composition, Shingle, Tar And Gravel

Garage/Parking

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

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1923
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8375.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8375.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month, More Than 1 Yr
  • Gross Rent Multiplier: 26.43
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1705
  • Expense Landscape: 720
  • Expenses Total: 31799
  • Expenses Utility: 5223
  • Expense Trash: 1428
  • Income Annual Gross: 109296.00
  • Income Annual Rental: 109296
  • Income Gross Scheduled: 109296
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $22,723 $1,585,221 $956,601 $628,620
2022 $23,450 $1,554,140 $937,845 $616,295
2021 $23,526 $1,523,667 $919,456 $604,211
2020 $21,283 $1,508,045 $910,029 $598,016
2019 $20,989 $1,478,477 $892,186 $586,291
2018 $18,781 $1,449,489 $874,693 $574,796
2017 $17,949 $1,421,069 $857,543 $563,526
2016 $17,170 $1,393,206 $840,729 $552,477
2015 $16,678 $1,372,280 $828,101 $544,179
2014 $16,409 $1,345,400 $811,880 $533,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 For Sale $2,888,888 -- $597 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Co
Grant Deed $1,160,000 First American Title Co
Grant Deed -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $775,000 Purchase Money Mortgage
Source: Public Records

Source: MLSListings

MLS Number: ML82010044

MLSListings

APN: 041-203-030

California San Mateo County San Mateo 94402 Baywood Park

2005 Parrott Dr, San Mateo, CA

This home is located at 2005 Parrott Dr, San Mateo, CA 94402 and is currently priced at $2,888,888, approximately $596 per square foot. This property was built in 1976. 2005 Parrott Dr is a home located in San Mateo County with nearby schools including Highlands Elementary School, Borel Middle School, and Aragon High School.

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Stanley Lo
Listing Agent
Stanley Lo
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Green Banker Realty
(650) 977-4120