1020 Cypress Street, #262
Pismo Beach, CA 93449
Active Under Contract for $525,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 621 sqft
| MLS | PI24214235 |
| Year Built | 1974 |
| Property Type | Mixed Use |
| County | San Luis Obispo |
| Status | Active Under Contract |
| Active Under Contract | $525,000 |
| Structure Size | N/A sqft |
| Lot Size | 621 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Scott Haigwood, Keller Williams Realty Central Coast 805-773-7715. *Based on information from the Association of REALTORS/Multiple Listing as of 11/24/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Lissette Cee Carretero And Associates
REALTOR®
Direct: 805.205.0508
Email: Email Me
DRE: 01946383
DRE #01873088
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