Pismo Beach, CA 93449,1020 Cypress ST #342 & 344
Pismo Beach, CA 93449,1020 Cypress ST #342 & 344
Pismo Beach, CA 93449,1020 Cypress ST #342 & 344
Pismo Beach, CA 93449,1020 Cypress ST #342 & 344
Pismo Beach, CA 93449,1020 Cypress ST #342 & 344
Pismo Beach, CA 93449,1020 Cypress ST #342 & 344
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$525,000

$510,000

2.9%
Est.Price: ?

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Est. payment /mo

570 Sqft Lot


SOLD DATE : 10/20/2023

Key Details

Sold Price $525,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Subdivision Pismo Beach (360)

MLS Listing ID SC23168445

Sold Date 10/20/23

Construction Status Turnkey

HOA Y/N Yes

Year Built 1974

Lot Size 570 Sqft

Property Description

Have you dreamed of buying a vacation rental in Pismo Beach? Visit whenever you want and make money when you aren't using it? Well this is a unique and wonderful chance for you to become a part owner in an investment and vacation community. The Sea Gypsy is operated year round as a motel where individual unit owners relax & enjoy their personal unit any time while enjoying a share of the business profits. Each unit is fully furnished, maintained and operated by an onsite property manager. All maintenance, upkeep, marketing and booking is handled by the full time staff. This unit has three booking options for owners or guests - book a 1 bed / 1 bath unit, book the studio with full kitchen and murphy bed, or book both as a two bedroom suite that sleep six! You'll have a private owner's closet to store personal belongings year round and receive your share of the business profits quarterly. It's also pet-friendly and individual units can be purchased with multiple owners sharing a percentage! You'll enjoy a partial Ocean View, daily full maid service, pool & spa - right on the famous sands of Pismo Beach! The Sea Gypsy is ideally located directly near shopping and restaurants and has high occupancy in all seasons. Units are rarely available for purchase as they are historically passed down from generation to generation - so this is a rare opportunity to join a profitable, sustainable and low-maintenance investment property.

Location

State CA

County San Luis Obispo

Area Psmo - Pismo Beach

Zoning R4

Interior

Interior Features Built-in Features, Balcony, Furnished, Phone System, Storage, All Bedrooms Up

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Electric Range, Freezer, Microwave, Refrigerator

Laundry Common Area

Exterior

Parking Features Asphalt, Controlled Entrance, On Site, Private, See Remarks, Unassigned

Fence None

Pool Fenced, Heated, Private, Association

Community Features Fishing, Golf, Water Sports

Utilities Available See Remarks

Amenities Available Electricity, Gas, Hot Water, Maid service, Pool, Pet Restrictions, Pets Allowed, Spa/Hot Tub, Trash, Cable TV, Utilities, Water

Waterfront Description Ocean Front,Ocean Side Of Highway

View Y/N Yes

View Ocean, Panoramic

Roof Type Asphalt

Accessibility None, See Remarks

Total Parking Spaces 1

Private Pool Yes

Building

Lot Description 36-40 Units/Acre

Faces West

Story 3

Entry Level One

Foundation Slab

Sewer Public Sewer, Sewer Tap Paid

Water Public

Architectural Style See Remarks

Level or Stories One

New Construction No

Construction Status Turnkey

Others

HOA Fee Include Pest Control,Sewer

Senior Community No

Tax ID 005125012

Security Features Security System,Gated with Attendant,Smoke Detector(s)

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Janelle Eagle-Robles • eXp Realty of California, Inc • 510-410-4186
Bought with Janelle Eagle-Robles • eXp Realty of California, Inc
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