0 Baths

$5,850,000

3445 Richland Drive, Santa Barbara CA, 93105

Price per sqftN/A

Built in1960

Property typeMulti-family

Bought with Non Member with Unknown Agency and Listed by Michael Lopus CA DRE# 01970736 with Colliers International (805) 680-8806

Overview

Sold

Closed

Listed Nov 20, 2025

Updated Aug 25

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.

Additional information

MLS^® ID: V1-33479

Interior Features

Bathrooms: 0
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.38 Acres

Other Property Details

55+/Senior Community: No

Also listed on SBAOR

Bought with Non Member with Unknown Agency and Listed by Michael Lopus CA DRE# 01970736 with Colliers International (805) 680-8806

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 1:26 AM UTC Last Checked: 1:26 AM UTC