1020 Cypress Street

Pismo Beach,CA 93449

$ 525000

1 Bed

0 Bath

621 SqFt


Key Details

Property Type Other Types

Sub Type OTHER

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 621 sqft

Price per Sqft $845

MLS Listing ID CRPI24214235

Bedrooms 1

HOA Y/N No

Year Built 1974

Lot Size 621 Sqft

Acres 0.01

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.

Location

State CA

County San Luis Obispo

Area Listing

Zoning R4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

View Y/N true

View Other,Ocean

Building

Lot Description Other

New Construction No

Others

Tax ID 005124016

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