1020 Cypress Street, #262

Pismo Beach, CA 93449

$525,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1974

calendar_month 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.

Listing Information

List Price $525,000
Status Active
MLS PI24214235
Type Residential Income
Subtype Mixed Use
Year Built 1974
Lot Size 621
Structure Size N/A
DOM 48
Courtesy Of Keller Williams Realty Central Coast
Listing Agent Scott Haigwood DRE#01936325
Co-Listing Agent Shannon Bowdey DRE#01894857

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Scott Haigwood, Shannon Bowdey, Keller Williams Realty Central Coast 805-773-7715. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 3:22 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.