1020 Cypress Street 342 & 344
Pismo Beach, CA, 93449
$575,000
2 Beds
2 Baths
571 SqFt
0.01 Acres
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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.

Property Details

Price:
$575,000
MLS #:
PI25164751
Status:
Active
Beds:
2
Baths:
2
Address:
1020 Cypress Street 342 & 344
Type:
Condo
Subtype:
Condominium
Subdivision:
Pismo Beach 360
Neighborhood:
psmopismobeach
City:
Pismo Beach
Listed Date:
Jul 23, 2025
State:
CA
Finished Sq Ft:
571
ZIP:
93449
Lot Size:
571 sqft / 0.01 acres (approx)
Year Built:
1974
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Schools

School District:
Lucia Mar Unified

Interior

Appliances
Electric Oven, Electric Range, Freezer, Microwave, Refrigerator
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Carpet, Tile
Heating
Wall Furnace
Interior Features
Balcony, Built-in Features, Phone System, Storage

Exterior

Association Amenities
Pool, Spa/ Hot Tub, Maintenance Grounds, Utilities, Management
Community Features
Fishing
Garage Spaces
1.00
Lot Features
Level
Parking Features
Unassigned
Parking Spots
1.00
Pool Features
Private, Heated, In Ground
Sewer
Public Sewer
Stories Total
3
View
Ocean
Water Source
Public

Financial

Association Fee
0.00
HOA Name
Sea Gypsy Condominium Owners’ Association

Map

Community

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1020 Cypress Street 342 & 344
Pismo Beach, CA