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$575,000

1020 Cypress Street 342 & 344 Pismo Beach, CA 93449

2 beds
2 full
571 sqft
0.01 acres
$1,007 / sqft
Condo

Property details

About 1020 Cypress Street 342 & 344

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.

Highlights

Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Size571 sqft
Lot size0.0131 Acres
Year built1974
ParkingUnassigned
MLS #PI25164751
Garage1 space
ViewOcean
Private poolYes

Summary

  • Full Bathrooms: 2
  • Appliances: Electric Oven, Electric Range, Freezer, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Built-in Features, Balcony, Phone System, Storage
  • Fireplace: None
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Attached Garage: No
  • Private Pool: Yes
  • Parking: Unassigned
  • View: Ocean
  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • List Price: $575,000
  • Price/SqFt: $1,007
  • HOA Amount: $0
  • Lot: Level
  • Directions: Wadsworth west to beach, left on Cypress.
  • Year Built: 1974
  • Stories: 3
  • Living Area: 571 SqFt
  • Lot Size: 0.0131 Acres
  • MLS Number: PI25164751
  • MLS Name: CRMLS
  • Office Name: Allan Real Estate Investments
  • Office Phone: (805) 473-7500
  • Listing Agent: Dennis Allan

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: 7/30/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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

Tax history

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

Nearby schools

6

Grover Heights Elementary School

Public District KG-6

1.6 mi

770 N Eighth St and Ritchie Rd

3

Grover Beach Elementary School

Public District KG-6

2.2 mi

365 S 10th St

7

Shell Beach Elementary School

Public District KG-6

2.3 mi

2100 Shell Beach Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

49%
<35k
45%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

72%
Single, No Kids
7%
Single, with Kids
16%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
35%
18-34 yrs old
37%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Continuing Education CoursesContinuing Education Courses
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Chico'sChico's
  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • QdobaQdoba
  • StarbucksStarbucks

What do the neighbors drive?

  • OldsmobileOldsmobile
  • VolkswagenVolkswagen
  • PontiacPontiac

What do the neighbors listen to?

  • NewsNews
  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1020 Cypress Street 342 & 344

The listing price of 1020 Cypress Street 342 & 344 property is $575,000.

The property 1020 Cypress Street 342 & 344 is a condo located in Pismo Beach, California, 93449.

Active Listing: 1020 Cypress Street 342 & 344 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1020 Cypress Street 342 & 344 are: Grover Heights Elementary School (GreatSchools Rating 6/10), Grover Beach Elementary School (GreatSchools Rating 3/10), Shell Beach Elementary School (GreatSchools Rating 7/10), Judkins Middle School (GreatSchools Rating 5/10), Paulding Middle School (GreatSchools Rating 6/10), Mesa Middle School (GreatSchools Rating 4/10), Arroyo Grande High School (GreatSchools Rating 7/10), Lopez Continuation High School (GreatSchools Rating 3/10), Pacific View Academy (GreatSchools Rating 4/10).

The property at 1020 Cypress Street 342 & 344 has 2 bedrooms and 2 bathrooms.

The property 1020 Cypress Street 342 & 344 is 571 SqFt (source: MLS/tax record).

The year of construction for 1020 Cypress Street 342 & 344 is 1974.

This home is located at 1020 Cypress Street 342 & 344 in Pismo Beach, CA and zip code 93449. This 571 square foot home, which was built in 1974, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $575,000.

Over 2 listings were sold over their listed price in June 2025 in Pismo Beach, CA. In the same period over 7 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Pismo Beach, CA between May and June 2025 decreased by 5.1%. In June 2025 median list price was $1,440,000 and the average listing age was 57 days.

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

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