1020 Cypress Street, Unit 262
$525,000
1
1
621
621
$845
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...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.
- Listed by Scott Haigwood • DRE #01936325 • Brokerage DRE #02005015 • Keller Williams Realty Central Coast • 805-710-3168
- Listed by Shannon Bowdey • DRE #01894857 • Brokerage DRE #02005015 • Keller Williams Realty Central Coast
Property Details for 1020 Cypress Street, Unit 262
View
Ocean, Pier
Parking Spaces Total0
Private PoolYes
Cooling TypeWall/Window Unit(s)
Total Units1.0
Building TypeAttached
Lot Size SourceAssessor
Living Area621
LISTING UPDATED: 10/17/2024 10:55 AM
Property Details for 1020 Cypress Street, Unit 262
Status | Active |
---|---|
MLS # | PI24214235 |
Days on Market | 31 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1974 |
Lot Size | 0.01 AC / 621 SF |
County | San Luis Obispo County |
Building Information for 1020 Cypress Street, Unit 262
Stories1Residences-Year Built1974Building Size-Lot Size0.01 AC / 621 SF
Property Information for 1020 Cypress Street, Unit 262
Property History for 1020 Cypress Street, Unit 262
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1020 Cypress Street, Unit 262
Taxable ValueLand$14,923Additions$45,561Total$60,484
Tax Record2024$761 ($63 / month)
Home Facts
Beds0Lot Size621 SqFtStyleCondominiumZoningR4CountySAN LUIS OBISPOAPN005-124-016
Schools near 1020 Cypress Street, Unit 262
This home is within Lucia Mar Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Shell Beach Elementary School PublicK to 6 | ||
Judkins Middle School Public7 to 8 | ||
Arroyo Grande High School Public9 to 12 | ||
Lopez Continuation High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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