Under contract
Active Under Contract
1020 Cypress Street 262
Pismo Beach CA, 93449
$525,000
$845.41 per sqft
Under contract
Active Under Contract
621 sqft
Multi-family
Built in 1974
Listed by Scott Haigwood with Keller Williams Realty Central Coast 805-710-3168
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.
PI24214235
MLSⓇ ID
October 17, 2024
Listed
November 18, 2024
Updated
Map
1020 Cypress Street 262
Pismo Beach CA, 93449
Interior Features
Total Stories
1
Laundry Description
Common Area
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.01 Acres
Lot Features
Street Level
Sewer
Public Sewer
Other Property Details
Area Name
PSMO - Pismo Beach
Days on Market
32
Garage
No
Parking Total
0
View
Yes
View Description
Ocean, Pier
County
San Luis Obispo
Water Source
Public
Pool
Yes
Pool Features
Heated, In Ground, Private
Zoning
R4
Listing History
Date | Event | Price |
|---|---|---|
11/18/2024 | Under contract | — |
Listing Contact: 805-773-7777
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/18/2024 at 10:12 PM UTC