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2549 Treasure Dr
Santa Barbara, CA 93105
Multifamily Property For Sale
·
2 Units
Investment Highlights
- Rare two-unit multifamily property in Santa Barbara’s Samarkand neighborhood.
- Front residence features hardwood floors, an updated kitchen and bath, and a private front deck.
- Convenient location near Downtown Santa Barbara, Upper State Street, Cottage Hospital, and Santa Barbara Golf Club.
- Flexible ownership opportunity suited for investors or owner-users.
- Upper unit includes hardwood flooring, two private decks, and access to a large rear yard.
- Residential setting with access to shopping, dining, entertainment, and major community amenities.
Executive Summary
Tucked away in the desirable Samar¬kand neighborhood, this charming multi-unit property offers an income-producing property in one of Santa Barbara’s most convenient residential areas. Ideally located near Downtown Santa Barbara, Upper State Street, Cottage Hospital, and the Santa Barbara Golf Club, the property combines neighborhood charm with exceptional accessibility to shopping, food and entertainment.
The property features two primary units along, each with privacy and outdoor space. At the front of the property is a bright and inviting 1BD/1BA unit with a large front deck and yard which extends the living space. Inside, the unit features hardwood floors and a tastefully designed kitchen and bathroom that give the space warmth and character. Situated above the garages at the rear of the property is a 2BD/1BA unit featuring hardwood flooring, thoughtfully designed kitchen, two private decks and large private rear yard.
Properties in Samarkand are highly sought for their quiet residential feel and proximity to many of Santa Barbara’s most important destinations. With multiple living spaces, outdoor areas, and a premier location, 2549 Treasure Drive presents a compelling opportunity for investors, owner-users, or buyers seeking flexibility in this desirable neighborhood.
Price: $1,575,000
Unit Mix: Unit A 1BD/1BA Unit B 2BD/1BA
Lot Size: 6,534 SF
Parking: Garage and driveway
Laundry: Individual for Unit A and B
Zoning: R-2
APN: 051-323-022
Age: 1954
Current Rents: Unit A $3,500/mo Unit B $3,078/mo
Reports: Preliminary Title Report, General Building Inspection, Pest Report, Sewer Lateral, Leases, & Financials
To Show: CLA
The property features two primary units along, each with privacy and outdoor space. At the front of the property is a bright and inviting 1BD/1BA unit with a large front deck and yard which extends the living space. Inside, the unit features hardwood floors and a tastefully designed kitchen and bathroom that give the space warmth and character. Situated above the garages at the rear of the property is a 2BD/1BA unit featuring hardwood flooring, thoughtfully designed kitchen, two private decks and large private rear yard.
Properties in Samarkand are highly sought for their quiet residential feel and proximity to many of Santa Barbara’s most important destinations. With multiple living spaces, outdoor areas, and a premier location, 2549 Treasure Drive presents a compelling opportunity for investors, owner-users, or buyers seeking flexibility in this desirable neighborhood.
Price: $1,575,000
Unit Mix: Unit A 1BD/1BA Unit B 2BD/1BA
Lot Size: 6,534 SF
Parking: Garage and driveway
Laundry: Individual for Unit A and B
Zoning: R-2
APN: 051-323-022
Age: 1954
Current Rents: Unit A $3,500/mo Unit B $3,078/mo
Reports: Preliminary Title Report, General Building Inspection, Pest Report, Sewer Lateral, Leases, & Financials
To Show: CLA
Property Facts
| Price Per Unit | $1,085,915 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| No. Units | 2 | Building Size | 1,624 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1954 |
| Apartment Style | Low-Rise | ||
| Zoning | R2 - Two-Family Residential Zoning | ||
| Price Per Unit | $1,085,915 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 1,624 SF |
| No. Stories | 2 |
| Year Built | 1954 |
| Zoning | R2 - Two-Family Residential Zoning |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Number | 051-323-022 | Improvements Assessment | $962,647 CAD |
| Land Assessment | $1,350,414 CAD | Total Assessment | $2,313,061 CAD |
Property Taxes
Parcel Number
051-323-022
Land Assessment
$1,350,414 CAD
Improvements Assessment
$962,647 CAD
Total Assessment
$2,313,061 CAD
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