1020 Cypress Street, Unit 262

Pismo Beach, CA 93449

$525,000
Price
1
Beds
1
Bath
621 Sq. Ft.
$845 / Sq. Ft.
621
Sq. Ft.
$845
per Sq. Ft.

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.
  1. Listed by Scott Haigwood • DRE #01936325 • Brokerage DRE #02005015 • Keller Williams Realty Central Coast • 805-710-3168
  2. 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 Total
0
Private Pool
Yes
Cooling Type
Wall/Window Unit(s)
Total Units
1.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
621
LISTING UPDATED: 11/25/2024 03:38 AM

Property Details for 1020 Cypress Street, Unit 262

StatusActive
MLS #PI24214235
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1974
Lot Size0.01 AC / 621 SF
CountySan 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

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 468
  • Tax Census Tract: 117.04
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Virtual Tour URL Branded: https://www.seagypsymotel262.com/
Exterior Features
  • Entry Location: 2nd floor
  • View Description: Ocean, Pier
  • Pool Features: Private, Heated, In Ground
  • Pool Description: Heated, In Ground, Private
  • Spa Features: Private, In Ground
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 1
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Pismo Beach
  • Builders Tract Code: Pismo Beach (360)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 1020 Cypress Street, Unit 262

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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1020 Cypress Street, Unit 262 is a mixed use property for sale in Pismo Beach, CA 93449. This property was listed for sale on October 1, 2024 by Keller Williams Realty Central Coast, it's currently listed at $525,000. This listing's school district is Lucia Mar Unified School District. Nearby schools include Shell Beach Elementary School, Judkins Middle School and Arroyo Grande High School. 1020 Cypress Street, Unit 262 is a 1-bed, 1-bath, 621 sqft mixed use property built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Central Coast, Scott Haigwood, DRE #01936325; Keller Williams Realty Central Coast, Shannon Bowdey, DRE #01894857

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.