Pismo Beach, CA 93449 1020 Cypress Street 342 & 344

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Presented By: Dennis Allan with Allan Real Estate Investments; 805-473-7500
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PI25164751
  • 07/23/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 2
  • SQFT • 571
  • Garage • 1

Home Details

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.
Presented By: Dennis Allan with Allan Real Estate Investments; 805-473-7500

Interior Features for 1020 Cypress Street 342 & 344

Bedrooms

Main Level Bedrooms1
Total Bedrooms2

Bathrooms

Main Level Bathrooms2
Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Tile
Heating Y/NYes
Interior AmenitiesBuiltInFeatures, Balcony, PhoneSystem, Storage
Laundry FeaturesCommonArea
Total Stories3

Other Rooms

Entry Level3

General for 1020 Cypress Street 342 & 344

Additional Parcels Y/NNo
AppliancesElectricOven, ElectricRange, Freezer, Microwave, Refrigerator
Association AmenitiesMaintenanceGrounds, Management, Pool, SpaHotTub, Utilities
Association NameSea Gypsy Condominium Owners' Association
Attached Garage No
Carport Y/NNo
CityPismo Beach
Community FeaturesFishing
CoolingWallWindowUnits
CountySan Luis Obispo
DirectionsWadsworth west to beach, left on Cypress.
DisclosuresCoastalCommissionRestrictions
Entry Location3
Full Baths2
Garage Spaces1.0
Garage Y/NYes
HOAYes
HOA Fee$0.0
HeatingWallFurnace
High School DistrictLucia Mar Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Living Area UnitsSquareFeet
Lot Size Square Feet571.0
Lot Size UnitsSquareFeet
MLS AreaPSMO - Pismo Beach
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total1
Occupancy TypeOwner
Pool FeaturesHeated, InGround, Private, Association
PossessionSeeRemarks
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories Count1
Structure TypeHouse
Subdivision NamePismo Beach (360)
Tax Lot1
Unit Number342 & 344
ViewOcean
Year Built1974
Year Built SourcePublicRecords
ZoningR4

Exterior for 1020 Cypress Street 342 & 344

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.0131
Lot Size Area571.0
Lot Size SourceAssessor
Parking FeaturesUnassigned
Private PoolYes
SpaNo
Total Parking1.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $575,000
MLS#PI25164751
List Date 07/23/2025
Property Type Condos
Phone 714.742.6515
Request Tour
Request Info
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