NOT LISTED FOR SALE

2005 Parrott Dr San Mateo, CA 94402

Baywood Park Neighborhood

Estimated Value: $2,308,000 - $2,331,795

6 Beds
6 Baths
4,840 Sq Ft
$480/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2026

Last sale price $2,308,600 $477 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $14,438 / mo

217 Days on Market

Highlights

  • 3 Car Attached Garage
  • Highlands Elementary School Rated A-
  • Coin Laundry

About This Home

As of February 2026

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).

Last Agent to Sell the Property

Stanley Lo

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

Last Buyer's Agent

Stanley Lo

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

Property Details

Home Type

  • Multi-Family

Year Built

  • 1976

Lot Details

  • 8,377 Sq Ft Lot

Parking

  • 3 Car Attached 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

  • Total Actual Rent $109,296
  • 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

Year Built

1976

Lot Details

8,377 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: R30000
  • Subclass: Triplex
  • 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

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: 23.69
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Feb 17, 2026
Sold by
Bought by
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$2,588,888
Sold Price
$2,308,600
Premium/Discount to List
-$280,288
-10.83%
Views
84
Current Estimated Value
$2,322,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,849
Avg. Annual Appreciation
1.83%
Original Mortgage
$450,000
Outstanding Balance
$449,507
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,872,942

Purchase Details

Closed on
Jan 9, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,309,000 Orange Coast Title Company
-- --
-- First American Title Co
$1,160,000 First American Title Co
-- Chicago Title Co
-- Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Previous Owner $775,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/20/2026 02/20/26 Sold $2,308,600 -10.8% $477 / Sq Ft
01/10/2026 01/10/26 Pending -- -- --
01/05/2026 01/05/26 For Sale $2,588,888 0.0% $535 / Sq Ft
10/10/2025 10/10/25 Pending -- -- --
07/29/2025 07/29/25 Price Changed $2,588,888 -10.4% $535 / Sq Ft
06/06/2025 06/06/25 For Sale $2,888,888 -- $597 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $22,723 $1,649,262 $995,247 $654,015
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

Agents Affiliated with this Home

  • Stanley Lo

    Seller's Agent in 2026

    Stanley Lo

    Green Banker Realty

    (650) 222-1045

    3 in this area

    372 Total Sales

    Stanley Lo
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Map

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

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