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$525,000

Est. payment - /mo

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1 BD

1 BA

621 SqFt

Active

1020 Cypress ST 262 Pismo Beach, CA 93449

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Xavier Williams

[email protected] +1(408) 774-4300

UPDATED:

02/05/2025 05:04 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 621 sqft

Price per Sqft $845

MLS Listing ID CRPI24243851

Bedrooms 1

Full Baths 1

Originating Board California Regional MLS

Year Built 1974

Lot Size 621 Sqft

Property Sub-Type Condominium

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

Zoning R4

Rooms

Kitchen Oven Range - Electric, Oven - Electric

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Fireplaces Type None

Laundry Laundry Area

Exterior

Parking Features Off-Street Parking, Other

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

Virtual Tour https://www.wellcomemat.com/mls/5617da87f4dd1luas

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.

"It's your money, and you're going to be making the payments on your new home (not me). Let's take the time to find the right fit, for you, at your pace! "

+1(408) 774-4300

[email protected]

5450 Thornwood Dr Ste F, San Jose, California, 95123, USA