$525,000
1 Bed
1 Bath
621 Sqft
621 Sqft

1020 Cypress Street, Pismo Beach, CA 93449

  • Residential Property Type
  • 84 Days Days On Market
  • 1974 Year Built
Property Description

Welcome to your own coastal getaway, just steps from the iconic Pismo Beach Pier and downtown’s bustling shops and restaurants. This beautifully furnished condo offers more than just a vacation home—it’s a chance to own part of a fully managed motel. Enjoy personal use of your unit whenever you like (some usage restrictions and fees apply), and the motel rents it out when you’re not there. Motel management handles everything from guest bookings to maintenance. As an owner, you’ll benefit from the potential for quarterly profit distributions. This hands-off investment lets you savor beachfront vacationing while generating income. Quarterly owners’ meetings provide insight into your investment, ensuring peace of mind. Located on the second floor, this unit offers partial ocean views and a peek-a-boo view of the pier. The flexible 1-bedroom, 1-bathroom floor plan features a murphy bed in the living room, a full kitchen, living room, dining area, and an “owner’s closet” for secure storage of personal belongings. *Please note: This unit is being sold privately by the owners of Unit 262 at the Sea Gypsy Motel. Please do not contact staff or guests of the Sea Gypsy Motel.

Basic Details
Residential
Condominium
For Sale
CRPI24243851
$525,000
Other,Ocean
1
1
84
621 Sqft
1974
621 Sqft
1
0.01 Acre
Active
1
: One Story
1
Features
: In Ground, Spa
: Wall Furnace
: Wall/Window Unit(s)
Public Sewer
1
: Electric Range
: None
: Other
: Other
: Other
Address Map
CA
San Luis Obispo
Pismo Beach
93449
Cypress Street
1020
W121° 21' 21.4''
N35° 8' 30.7''
R4
262
(101N) Exit @ Wadsworth, head toward the beach, ta
Additional Info
Keller Williams Realty Central Coast
Scott Haigwood
Scott@Haigwood Homes.com
: Gated, Other, Pool, Spa/Hot Tub, Cable TV
: Trash, Insurance, Management Fee, Maintenance Grounds, Electricity, Security/Gate Fee, Water/Sewer, Cable TV
Lucia Mar Unified
Active
Public
1
For Sale
Price History
12/03/2024
$525,000
$0
Additional Information
2
621
Financial
1
Listing Information
2024-12-05T23:23:03Z
Shannon Bowdey
Keller Williams Realty Central Coast
BayEast
CR486275
CR94995785
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    Seshu Tirumalashetty
    Realty++
    Srinivas Sanigepalli
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