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.
Sold for $525,000 on 10/20/23
Listing Provided by:
Janelle Eagle DRE #02162444 510-410-4186,
eXp Realty of California, Inc
Bought with: eXp Realty of California, Inc
$525,000
1020 Cypress St #342 & 344, Pismo Beach, CA 93449
2beds
2baths
--sqft
Condominium
Built in 1974
-- sqft lot
$555,900 Zestimate®
$--/sqft
$2,908 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 20, 2023 at 05:25pm
Listing Provided by:
Janelle Eagle DRE #02162444 510-410-4186,
eXp Realty of California, Inc
Bought with:
Janelle Eagle, DRE #02162444
eXp Realty of California, Inc
Source: CRMLS,MLS#: SC23168445
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Bedroom
- Features: All Bedrooms Up
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Oven, Electric Range, Freezer, Microwave, Refrigerator
- Laundry: Common Area
Features
- Built-in Features, Balcony, Furnished, Phone System, Storage, All Bedrooms Up
- Doors: Sliding Doors
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Controlled Entrance, On Site, Private, See Remarks, Unassigned
- Uncovered spaces: 1
Accessibility
- Accessibility features: None, See Remarks
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Has private pool: Yes
- Pool features: Fenced, Heated, Private, Association
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Ocean, Panoramic
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Front, Ocean Side Of Highway
Lot
- Size: 571 sqft
- Features: 36-40 Units/Acre
Details
- Parcel number: 005125012
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: See Remarks
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Asphalt
Condition
- Turnkey
- New construction: No
- Year built: 1974
Utilities & green energy
- Electric: Electricity - On Property, Standard
- Sewer: Public Sewer, Sewer Tap Paid
- Water: Public
- Utilities for property: See Remarks
Community & neighborhood
Security
- Security features: Security System, Gated with Attendant, Smoke Detector(s)
Community
- Community features: Fishing, Golf, Water Sports
Location
- Region: Pismo Beach
- Subdivision: Pismo Beach (360)
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$555,900
2% more+$11,118
With Zillow Showcase(estimated)$567,018