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Sold for $525,000
  • Listed by: eXp Realty of California, Inc • Janelle Eagle • Contact: 510-410-4186
    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
    $675,400 Zestimate®
    $--/sqft
    $3,086 Estimated rent

    Home value

    $675,400

    $588,000 - $783,000

    $3,086/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed 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#: SC23168445MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Other
    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 Square Feet
    • 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 & HOA

    Community
    • Features: Fishing, Golf, Water Sports
    • Security: Security System, Gated with Attendant, Smoke Detector(s)
    • Subdivision: Pismo Beach (360)
    HOA
    • Amenities included: Electricity, Gas, Hot Water, Maid service, Pool, Pet Restrictions, Pets Allowed, Spa/Hot Tub, Trash, Cable TV, Utilities, Water
    • Services included: Pest Control, Sewer
    Location
    • Region: Pismo Beach

    Financial & listing details

    • Date on market: 9/20/2023
    • Cumulative days on market: 8 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
    • Inclusions: Unit is fully furnished
    • Tenant pays: None
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/20/2023Sold$525,000+2.9%
    Source: CRMLS #SC23168445 Report a problem
    9/30/2023Pending sale$510,000
    Source: CRMLS #SC23168445 Report a problem
    9/21/2023Listed for sale$510,000
    Source: CRMLS #SC23168445 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 93449

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $675,400
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    +$13,508
    With Zillow Showcase(estimated)
    $688,908