Homes for sale - 1020 Cypress ST #262, Pismo Beach, CA 93449

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Max Lindenberger

max.lindenberger@engelvoelkers.com

$ 525,000

Est. payment -/mo

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Active Under Contract

1020 Cypress ST #262 Pismo Beach, CA 93449

622 Sqft Lot

UPDATED:

11/18/2024 09:38 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Pismo Beach (360)

MLS Listing ID PI24214235

HOA Y/N No

Year Built 1974

Lot Size 622 Sqft

Property 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.

Location

State CA

County San Luis Obispo

Area Psmo - Pismo Beach

Zoning R4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Pool Heated, In Ground, Private

Community Features Suburban

View Y/N Yes

View Ocean, Pier

Private Pool Yes

Building

Lot Description Street Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 005124016

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Trust

Listed by Scott Haigwood • Keller Williams Realty Central Coast • 805-710-3168

Max Lindenberger

Advisor | License ID: 02073155

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