1020 Cypress St Unit 342 & 344 Pismo Beach, CA 93449
Estimated payment $3,684/month
Highlights
- Ocean View
- Heated In Ground Pool
- Balcony
- Arroyo Grande High School Rated A-
- Fishing
- Eat-In Kitchen
About This Home
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.
Listing Agent
Allan Real Estate Investments Brokerage Phone: 805-473-7500 License #00961923 Listed on: 07/23/2025
Co-Listing Agent
Allan Real Estate Investments Brokerage Phone: 805-473-7500 License #01421798
Property Details
Home Type
- Condominium
Year Built
- Built in 1974
Lot Details
- Two or More Common Walls
Parking
- 1 Car Garage
- Parking Available
- Unassigned Parking
Home Design
- Entry on the 3rd floor
Interior Spaces
- 571 Sq Ft Home
- 3-Story Property
- Built-In Features
- Living Room
- Storage
- Laundry Room
- Ocean Views
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Range
- Microwave
- Freezer
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
- Bathtub with Shower
Outdoor Features
- Heated In Ground Pool
- Balcony
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Phone System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 468
- Assessor Parcel Number 005125012
Community Details
Overview
- Property has a Home Owners Association
- 48 Units
- Sea Gypsy Condominium Owners' Association, Phone Number (805) 773-1801
- Pismo Beach Subdivision
- Maintained Community
Recreation
- Community Pool
- Community Spa
- Fishing
Additional Features
- Laundry Facilities
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | For Sale | $575,000 | +9.5% | $1,007 / Sq Ft |
| 10/20/2023 10/20/23 | Sold | $525,000 | +2.9% | -- |
| 09/28/2023 09/28/23 | Pending | -- | -- | -- |
| 09/20/2023 09/20/23 | For Sale | $510,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI25164751
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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