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$575,000
33 Days On Site

1020 Cypress Street 342 & 344
Pismo Beach, CA 93449

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
571
SqFt
$1,007
/SqFt
1974
Built
Subdivision:
Pismo Beach (360)
County:
San Luis Obispo
Listed by Dennis Allan of Allan Real Estate Investments [email protected]
1020 Cypress Street 342 & 3441020 Cypress Street 342 & 3441020 Cypress Street 342 & 3441020 Cypress Street 342 & 344
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Monthly Payment (Est.)

$2,623
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Discover your slice of coastal paradise with this rare investment opportunity at the Pismo Beach Sea Gypsy Motel. This unique property combines the best of both worlds: a personal beachside retreat and a profitable vacation rental investment, all managed completely hands-off by professional staff. This versatile unit offers incredible flexibility with three distinct booking configurations: enjoy it as a spacious 1-bedroom/1-bathroom suite, utilize the studio portion with full kitchen and Murphy bed separately, or combine both spaces into a luxurious 2-bedroom accommodation sleeping up to six guests. The panoramic ocean views create the perfect backdrop for your coastal getaway. As an owner, you'll benefit from quarterly profit distributions while the dedicated onsite management team handles every detail - from guest bookings and maintenance to daily housekeeping and marketing. Your fully furnished unit comes complete with an owner's private storage closet for personal belongings, allowing you to truly make this space your own. Located just steps from Pismo Beach's famous sandy shores, the bustling pier, and downtown's vibrant dining and shopping scene, the Sea Gypsy enjoys exceptional year-round occupancy rates. Guests and owners alike enjoy access to the pool, spa, onsite laundry, daily maid service, and pet-friendly accommodations. Units at the Sea Gypsy are treasured family assets, rarely coming to market, making this a once-in-a-lifetime opportunity to join this profitable and sustainable investment community. Experience the ultimate in low-maintenance coastal ownership where your only job is to relax and enjoy the returns. Please note: Coastal Commission restrictions limit owner occupancy to 30 days per quarter. Do not contact Sea Gypsy Motel staff or guests directly.

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Listing Snapshot
Price 
$575,000
Days On Site 
33 Days
Bedrooms 
2
Inside Area (SqFt) 
571 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.0131 Acres
Year Built 
1974
MLS® Number 
PI25164751
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.0131
Disclosures 
CoastalCommissionRestrictions
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
3
Parking 
Unassigned
Parking Spaces 
1
Property Sub Type 
Condominium
Sewer 
Public Sewer
Stories 
One
Water Source 
Public
Zoning 
R4
Interior Features
Appliances 
Electric OvenElectric RangeFreezerMicrowaveRefrigerator
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Flooring 
CarpetTile
Heating 
Wall Furnace
Interior 
Built-in FeaturesStorage
Laundry Features 
Common Area
Main Level Bedrooms 
1
Bathroom 
Living Room 
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Exterior Features
Exterior 
Balcony
Lot Features 
Level
Pool Features 
PrivateHeatedIn GroundAssociation
Private Pool 
Yes
View 
Ocean
Waterview 
Ocean
Community Features
Association Amenities 
Maintenance GroundsManagementPoolSpa/Hot Tub
Building Access 
3
Community Features 
Fishing
Financing Terms Available 
Cash
MLS Area 
PSMO - Pismo Beach
School District 
Lucia Mar Unified
Schools
School District
Lucia Mar Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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