35
See all 35 photos
$525,000
Est. payment /mo
621 Sqft Lot
Active
1020 Cypress ST Pismo Beach, CA 93449
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UPDATED:
11/25/2024 06:39 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPI24214235
Originating Board California Regional MLS
Year Built 1974
Lot Size 621 Sqft
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 Psmo - Pismo Beach
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Pool Pool - Heated, Pool - In Ground, 21, Pool - Yes, Spa - Private
View Ocean, Water
Building
Lot Description Grade - Level
Story One Story
Water District - Public
Others
Tax ID 005124016
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Listed by Scott Haigwood • Keller Williams Realty Central Coast
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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