1020 Cypress Street #262, Pismo Beach, CA 93449

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$525,000

Est. payment - /mo

1 Bed

1 Bath

621 SqFt

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UPDATED:

12/05/2024 09:10 PM

Key Details

Property Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 621 sqft

Price per Sqft $845

MLS Listing ID PI24243851

Style All Other Attached

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1974

Lot Size 621 Sqft

Acres 0.0143

Property Description

Welcome to your own coastal getaway, just steps from the iconic Pismo Beach Pier and downtowns bustling shops and restaurants. This beautifully furnished condo offers more than just a vacation homeit'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.
Welcome to your own coastal getaway, just steps from the iconic Pismo Beach Pier and downtowns bustling shops and restaurants. This beautifully furnished condo offers more than just a vacation homeit'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 Pismo Beach (93449)

Zoning R4

Interior

Cooling Wall/Window

Equipment Electric Oven, Electric Range

Appliance Electric Oven, Electric Range

Exterior

Pool Below Ground, Private, Heated

View Ocean, Pier

Building

Story 1

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Miscellaneous Preserve/Public Land,Suburban

Acceptable Financing Cash

Listing Terms Cash

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Listed by Scott Haigwood • Keller Williams Realty Central Coast

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Your mortgage payments over 30 years will add up to $0.

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