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1020 Cypress Street, Pismo Beach, CA 93449
$525,000
1020 Cypress Street, Pismo Beach, CA 93449View this property at 1020 Cypress Street, Pismo Beach, CA 93449
1020 Cypress StreetPismo BeachCA93449
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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.
Full Property Details
Full Property Details for 1020 Cypress St
General
- Sold For: $525,000
- Status: Closed
- Type: Multi-Family
- MLS ID: SC23168445
- Added to Site: 265 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Up, Kitchen, See Remarks
- Interior Features: Balcony, Built-in Features, Furnished, Living Room Balcony, Phone System, Storage
- Fireplace(s): None
- Appliances: Electric Oven, Electric Range, Freezer, Microwave, Refrigerator
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Pool, Spa/Hot Tub, Pest Control, Cable TV, Electricity, Gas, Trash, Utilities, Sewer, Water, Pet Rules, Pets Permitted, Maid Service, Hot Water
- Pool Description: Private, Association, Fenced, Heated
- Spa Description: None
Parking
- Parking Features: Controlled Entrance, Asphalt, On-Site, Private, See Remarks, Unassigned
- Parking: Controlled Entrance, Asphalt, On-Site, Private, See Remarks, Unassigned
Location
- Area: PSMO - Pismo Beach
- County: San Luis Obispo
- Development Name: PSMO - Pismo Beach
- Driving Directions: Hwy 101 to Price Street exit. Head West on Wadsworth to end, turn left on Cypress St.
- Direction Faces: West
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer, Sewer Paid
- Water: Public
Structural Information
- Architectural Style: See Remarks
- Foundation: Slab
- Roof: Asphalt
- Doors: Sliding Doors
- Entry Location: Front Door
- Stories/Levels: One
- Stories Description: One
- Year Built: 1974
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Property View: Ocean, Panoramic
- Lot Size (Acres): 0.0131
- Lot Size Source: Assessor
- Zoning: R4
- Lot Description: 36-40 Units/Acre
Financial Considerations
- Price Per Unit: 510000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Inclusions: Unit is fully furnished
Listed and Sold by eXp Realty of California, Inc, Janelle Eagle-Robles
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Schools
Schools serving 1020 Cypress St
School District:Lucia Mar Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2100 Shell Beach Rd, Pismo Beach, CA 93449 | K-6 | 2.3 mi | |
680 Wadsworth Ave, Pismo Beach, CA 93449 | 7-8 | 0.4 mi | |
495 Valley Rd, Arroyo Grande, CA 93420 | 9-12 | 4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1020 Cypress St
Date
Details
Price
Change
Source
10/20/2023
Sold
$525,000
2.94%
MLS
9/20/2023
Listed
$510,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1020 Cypress Street, Pismo Beach, CA 93449 (MLS# SC23168445) is a Multi-Family property that was sold at $525,000 on October 20, 2023. Want to learn more about 1020 Cypress Street? Do you have questions about finding other Multi-Family real estate for sale in Pismo Beach? You can browse all Pismo Beach real estate or contact a Coldwell Banker agent to request more information.