1020 Cypress Street #262
Pismo Beach, CA 93449
0.01 acres | #PI24214235
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.
Property Details
- SubdivisionPismo Beach (360)
- CountySan Luis Obispo
- Property TypeMulti-Family
- Lot DescriptionStreetLevel
- Sewer InformationPublicSewer
- ViewOcean, Pier
- MLS #PI24214235
- MLS #PI24214235
- Original List Price$525,000
- Property SubtypeMixedUse
- Acres0.0143
- Utility SourcePublic
- Cost525000
- Year Built1974
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Scott Haigwood (#PI01936325)
Listing Office: Keller Williams Realty Central Coast (#PI2386)
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