$525,000
1020 Cypress Street Pismo Beach, CA 93449
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$525,000
Est. payment /mo
1 Bed
621 SqFt
UPDATED:
11/18/2024 11:05 PM
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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Listed by Scott Haigwood • Keller Williams Realty Central Coast
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