1020 Cypress Street

Pismo Beach, CA 93449

$510,000
Last Sold Price
2
Beds
2
Baths
564 Sq. Ft.
$904 / Sq. Ft.
564
Sq. Ft.
$904
per Sq. Ft.

Description

This beachfront vacation rental condominium offers you a unique and rare income generating opportunity on Pismo Beach! As an owner, you can enjoy your vacation home year-round and generate income by having part ownership and profit share in The Sea Gypsy Motel. Your low-to-no maintenance unit is operated, maintained, and fully furnished by the property’s management. All of your guest bookings and bookkeeping are managed by The Sea Gypsy Motel as well. You will receive your profits quarterly and have...This beachfront vacation rental condominium offers you a unique and rare income generating opportunity on Pismo Beach! As an owner, you can enjoy your vacation home year-round and generate income by having part ownership and profit share in The Sea Gypsy Motel. Your low-to-no maintenance unit is operated, maintained, and fully furnished by the property’s management. All of your guest bookings and bookkeeping are managed by The Sea Gypsy Motel as well. You will receive your profits quarterly and have the opportunity to participate in quarterly owners’ meetings. Your unit is a 2 bedroom, 2 bedroom suite with a full kitchen and a balcony with a panoramic view of the Pacific Ocean, which can also be booked as individual 1 bedroom units. You and your guests (pets, too!) will also enjoy daily full maid service, onsite laundry, and a pool and spa. The Sea Gypsy Motel is steps away from the beach and only few more steps away from the Pismo Beach Pier! Do not disturb Sea Gypsy Motel staff and guests. Do not call the Sea Gypsy Motel staff.
  1. Listed by Albert McKissack • DRE #02216411 • Keller Williams Tri-Valley

Property Details for 1020 Cypress Street

City
PISMO BEACH
Building Type
OTHER
Property Sub Type
OTHER
View
Panoramic
Park Spaces Total
1

Location

Listing Courtesy of Keller Williams Tri-Valley, Albert McKissack, DRE #02216411

Sold By Berkshire Hathaway HomeService, Jennifer Castaneda, DRE #01357971; eXp Realty of California, Inc, Janelle Eagle-Robles, DRE #02162444

Add your commute
LISTING UPDATED: 05/10/2024 01:36 PM

Property Details for 1020 Cypress Street

StatusSold
MLS #41053140
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / OTHER
Year Built1974
Lot Size0.01 AC / 564 SF
CountySan Luis Obispo County

Location

Listing Courtesy of Keller Williams Tri-Valley, Albert McKissack, DRE #02216411

Sold By Berkshire Hathaway HomeService, Jennifer Castaneda, DRE #01357971; eXp Realty of California, Inc, Janelle Eagle-Robles, DRE #02162444

Add your commute

Building Information for 1020 Cypress Street

Stories-Residences1Year Built1974Building Size-Lot Size0.01 AC / 564 SF

Payment Calculator

$2,861 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,783

Property Taxes

$78

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1020 Cypress Street

Features
Feature Details
  • Flooring: Carpet, Laminate
  • Laundry: Community Facility
Utility Details
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Water/Sewer: See Remarks
Lot / Property Details
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: No
  • Exterior: Stucco
  • Lot Description: Oceanfront
  • Lot Sq Ft Apx: 0
  • Lot Size Square Feet: 564.0
  • Roof: Other
  • Sq Ft Apx: 564
  • Yard Description: Patio
  • Year Built: 1974
  • Zoning: Mote
  • Acres: 0.0
Location Details
  • Directions to Property: Hwy 101 to Price Street exit
  • FIPS Code: 06079
  • Parcel Number: 005-125-013
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 1
  • Basement: None
  • Parking Description: Parking Area, Space Per Unit - 1
  • Existing Lease Terms: Other
  • Tenant Pays: Other
  • Financial Data Source: Property Manager
Income / Expense Details
  • Net Operating Income: $28,155
  • Operating Expenses: Management
Unit 1 Details
  • Unit #/Address - 1: 346
  • Air Cond 1: Yes
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 1
  • Bathrooms 1: 1
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 372
Unit 2 Details
  • Unit #/Address - 2: 348
  • Air Cond 2: Yes
  • Refrigerator 2: Yes
  • Range/Oven 2: No
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 192
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, Cable TV, Wired For, Extra Storage, In Ground Pool, Sauna/Spa/HotTub
Additional Information
Additional Information
  • Fireplace: No

Property History for 1020 Cypress Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1020 Cypress Street

Taxable ValueLand$15,186Additions$61,109Total$76,295
Tax Record2023$931 ($78 / month)
Home Facts
Lot Size416 SqFtStyleMulti-Family Res (5+ Units)ZoningR4CountySAN LUIS OBISPOAPN005-125-002

Schools near 1020 Cypress Street

This home is within Lucia Mar Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 8 to 12
Public - 9 to 12
Rating
School
Distance
Shell Beach Elementary School
PublicK to 6

Judkins Middle School
Public7 to 8

Arroyo Grande High School
Public8 to 12

Lopez Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Tri-Valley, Albert McKissack, DRE #02216411

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.