1020 Cypress Street 342 & 344, Pismo Beach, CA

$575,000

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2

Beds

2

Baths

571

Square feet

0.01

Acres

About 1020 Cypress Street 342 & 344

Discover your slice of coastal paradise with this rare investment opportunity at the Pismo Beach Sea Gypsy Motel. This unique property combines the best of both worlds: a personal beachside retreat and a profitable vacation rental investment, all managed completely hands-off by professional staff. This versatile unit offers incredible flexibility with three distinct booking configurations: enjoy it as a spacious 1-bedroom/1-bathroom suite, utilize the studio portion with full kitchen and Murphy bed separately, or combine both spaces into a luxurious 2-bedroom accommodation sleeping up to six guests. The panoramic ocean views create the perfect backdrop for your coastal getaway. As an owner, you'll benefit from quarterly profit distributions while the dedicated onsite management team handles every detail - from guest bookings and maintenance to daily housekeeping and marketing. Your fully furnished unit comes complete with an owner's private storage closet for personal belongings, allowing you to truly make this space your own. Located just steps from Pismo Beach's famous sandy shores, the bustling pier, and downtown's vibrant dining and shopping scene, the Sea Gypsy enjoys exceptional year-round occupancy rates. Guests and owners alike enjoy access to the pool, spa, onsite laundry, daily maid service, and pet-friendly accommodations. Units at the Sea Gypsy are treasured family assets, rarely coming to market, making this a once-in-a-lifetime opportunity to join this profitable and sustainable investment community. Experience the ultimate in low-maintenance coastal ownership where your only job is to relax and enjoy the returns. Please note: Coastal Commission restrictions limit owner occupancy to 30 days per quarter. Do not contact Sea Gypsy Motel staff or guests directly.

Features of 1020 Cypress Street 342 & 344

MLS® # PI25164751
Price $575,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 571
Acres 0.01
Year Built 1974
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 1020 Cypress Street 342 & 344
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, Utilities
Parking Spaces 1
Parking Unassigned
# of Garages 1
Garages Unassigned
View Ocean
Is Waterfront No
Has Pool Yes
Pool Heated, In Ground, Private, Association

Interior

Interior Carpet, Tile
Interior Features Built-in Features, Balcony, Storage, Phone System
Appliances Electric Oven, Electric Range, Freezer, Microwave, Refrigerator
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Has Basement No
Fireplace Yes
Fireplaces None
# of Stories 3
Stories One

Exterior

Lot Description Level

School Information

District Lucia Mar Unified

Additional Information

Date Listed July 23rd, 2025
Days on Market 58
Zoning R4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDennis Allan
OfficeAllan Real Estate Investments

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