1020 Cypress ST #342 & 344, Pismo Beach, CA 93449

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 575,000

Est. payment | -/mo

2 Beds

2 Baths

571 SqFt

Save

$ 575,000

Est. payment | -/mo

Save

2 Beds

2 Baths

571 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 571 sqft

Price per Sqft $1,007

Subdivision Pismo Beach (360)

MLS Listing ID PI25164751

Bedrooms 2

Full Baths 2

HOA Y/N Yes

Year Built 1974

Property Sub-Type Condominium

Property Description

Owner financing will be considered for these two units in the Sea Gypsy Motel. Discover your slice of coastal paradise with this rare investment opportunity in Pismo Beach. 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.

Location

State CA

County San Luis Obispo

Area Psmo - Pismo Beach

Zoning R4

Rooms

Main Level Bedrooms 1

Interior

Interior Features Built-in Features, Balcony, Phone System, Storage

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Electric Range, Freezer, Microwave, Refrigerator

Laundry Common Area

Exterior

Parking Features Unassigned

Garage Spaces 1.0

Garage Description 1.0

Pool Heated, In Ground, Private, Association

Community Features Fishing

Amenities Available Maintenance Grounds, Management, Pool, Spa/Hot Tub, Utilities

View Y/N Yes

View Ocean

Total Parking Spaces 1

Private Pool Yes

Building

Lot Description Level

Dwelling Type House

Story 3

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Lucia Mar Unified

Others

HOA Name Sea Gypsy Condominium Owners' Association

Senior Community No

Tax ID 005125012

Acceptable Financing Cash, Cash to New Loan, Owner May Carry

Listing Terms Cash, Cash to New Loan, Owner May Carry

Special Listing Condition Trust

Listed by Dennis Allan Allan Real Estate Investments 805-473-7500

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1020 Cypress ST #342 & 344 Pismo Beach, CA 93449