About 1020 Cypress Street 262
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.
Features of 1020 Cypress Street 262
| MLS® # | PI24243851 |
|---|---|
| Price | $525,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 621 |
| Acres | 0.01 |
| Year Built | 1974 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 1020 Cypress Street 262 |
|---|---|
| Area | PSMO - Pismo Beach |
| Community Type | Condominium |
| Subdivision | Pismo Beach (360) |
| City | Pismo Beach |
| County | San Luis Obispo |
| State | CA |
| Zip Code | 93449 |
Listing Map
Amenities
| Amenities | Maintenance Grounds, Management, Pool, Spa/Hot Tub, Trash, Water, Cable TV, Controlled Access, Electricity, Hot Water, Insurance, Maid service, Security, Utilities |
|---|---|
| Parking | Asphalt, Off Street |
| Garages | Asphalt, Off Street |
| View | Ocean, Pier |
| Is Waterfront | No |
| Waterfront | Beach Access, Ocean Access, Ocean Side Of Freeway, Ocean Side Of Highway |
| Has Pool | Yes |
| Pool | In Ground, Association, Heated, Private |
Interior
| Interior Features | Bedroom on Main Level |
|---|---|
| Appliances | Electric Oven, Electric Range |
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | Street Level |
|---|
School Information
| District | Lucia Mar Unified |
|---|
Additional Information
| Date Listed | October 1st, 2024 |
|---|---|
| Days on Market | 113 |
| Zoning | R4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Scott Haigwood |
|---|---|
| Office | Keller Williams Realty Central Coast |