2 months on rocket

1020 Cypress St Unit 262, Pismo Beach, CA, 93449

$525,000

Home List Price

$6,234*

Closing Credit

1 Bedroom
1 Full Bath
621 SqFt
$845/SqFt
Condo

Location

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1020 Cypress St Unit 262, Pismo Beach$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAsphalt, Off Street
Year Built1974
HeatingWall Furnace
CoolingWall/Window Unit(s)
WaterfrontBeach, Ocean Access
FireplaceNone
ViewOcean, Pier
Private PoolYes
MLS #PI24243851
Lot Size0.01 Acres
StatusActive

About 1020 Cypress St Unit 262

Welcome to your own coastal getaway, just steps from the iconic Pismo Beach Pier and downtown’s bustling shops and restaurants. This beautifully furnished condo offers more than just a vacation home—it's a chance to own part of a fully managed motel. Enjoy personal use of your unit whenever you like (some usage restrictions and fees apply), and the motel rents it out when you're not there. Motel management handles everything from guest bookings to maintenance. As an owner, you'll benefit from the potential for quarterly profit distributions. This hands-off investment lets you savor beachfront vacationing while generating income. Quarterly owners' meetings provide insight into your investment, ensuring peace of mind. Located on the second floor, this unit offers partial ocean views and a peek-a-boo view of the pier. The flexible 1-bedroom, 1-bathroom floor plan features a murphy bed in the living room, a full kitchen, living room, dining area, and an "owner's closet" for secure storage of personal belongings. *Please note: This unit is being sold privately by the owners of Unit 262 at the Sea Gypsy Motel. Please do not contact staff or guests of the Sea Gypsy Motel.

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Stories: 1
  • Living Area: 621 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Central Coast
  • Office Phone: (805) 710-3168
  • Listing Agent: Scott Haigwood

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range
  • Interior: Bedroom on Main Level
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Beach, Ocean Access
  • View: Ocean, Pier

Parking Information:

  • Parking: Asphalt, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: (101N) Exit @ Wadsworth, head toward the beach, take a left onto Cypress, Street heads straight into Sea Gypsy Parking lot. (From 101S) Exit @ Price St, Right on Wadsworth, Left on Cypress.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $845/SqFt
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Housing Market Comparison

See how this home compares to others in Pismo Beach, CA.

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Pismo Beach, CA

City

Med. Sold Price

$1.4M

Med. Price/SqFt

$747

Avg. Days On Market

48

# of Sold Homes

8

1020 Cypress St Unit 262 vs Pismo Beach

61 DAYS ON ROCKET

+13 Days

$525,000

-$925K Less

$845/SqFt

+$97 More

KEY TAKEAWAY

This property is $925K less than the Median Sold Price and $97/SqFt more than other homes in Pismo Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PI24243851

Listing Office:

  • Office Name: Keller Williams Realty Central Coast
  • Office Phone: (805) 710-3168
  • Listing Agent: Scott Haigwood

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4398854
6
/10

  • Grover Heights Elementary School

  • 770 N Eighth St and Ritchie Rd

  • 1.64 miles

  • Public District Grades KG-6

school-card-donut-4398855
3
/10

  • Grover Beach Elementary School

  • 365 S 10th St

  • 2.18 miles

  • Public District Grades KG-6

school-card-donut-4398856
7
/10

  • Shell Beach Elementary School

  • 2100 Shell Beach Rd

  • 2.31 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,206. Residents of Pismo Beach, CA typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1020 Cypress St Unit 262

What is the listing price of this property?

The listing price of 1020 Cypress St Unit 262 property is $525,000.

What type of property is this?

The property 1020 Cypress St Unit 262 is a condo located in Pismo Beach, California, 93449.

Is this property for sale now?

Active Listing: 1020 Cypress St Unit 262 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1020 Cypress St Unit 262 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1020 Cypress St Unit 262 is 621 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1020 Cypress St Unit 262 is 1974.

Rocket Homes›California›San Luis Obispo County›Pismo Beach›93449›1020 Cypress St Unit 262

This home is located at 1020 Cypress St Unit 262 in Pismo Beach, CA and zip code 93449. This 621 square foot home, which was built in 1974, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $525,000.

While more than 2 listings in Pismo Beach, CA in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 4 were sold below. The number of homes for sale in Pismo Beach, CA increased by 10% between October 2024 and November 2024. In November 2024 median list price was $1,450,000 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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