3445 Richland Drive, Santa Barbara, CA 93105

Local realty services provided by:ERA Donahoe Realty
3445 Richland Drive,Santa Barbara, CA 93105
$6,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael lopus
Office: colliers international
MLS#:V1-33479
Source:CRMLS

Price summary

  • Price:$6,500,000

About this home

3445 & 3449 Richland combined. Fourteen of the Sixteen units have been renovated with upgraded interiors, offering strong rental appeal and reduced near-term capital needs. The property has received substantial plumbing improvements, including new sewer connections to the street, ensuring long-term infrastructure reliability. With consistently high occupancy, minimal vacancy, and a proven record of professional maintenance, this garden-style community represents a stable, well-performing asset with upside potential through continues modernization and rent growth.

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Home facts

  • Year built:1960
  • Listing ID #:V1-33479
  • Added:1 day(s) ago
  • Updated:November 21, 2025 at 03:24 AM

Structure and exterior

  • Year built:1960
  • Lot area:0.38 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$6,500,000
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