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.
AGENT: LISTING BROKERAGE: Colliers International
Courtesy of Colliers International. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 3445 Richland DR
Santa Barbara, CA
Property Details
Price:
$6,500,000
MLS #:
V1-33479
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Subdivision:
Santa Barbara: Other
Neighborhood:
vc81santabarbara
Listed Date:
Nov 20, 2025
Lot Size:
16,552 sqft / 0.38 acres (approx)
Year Built:
1960
Vc81 – Santa BarbaraVc81santabarbaraSanta Barbara: OtherNone
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Schools
Interior
Appliances
GR, FSR
Cooling
NO
Heating
SEE
Laundry Features
NO
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW
Fencing
NO
Spa Features
NO
View
NO
Financial
Net Operating Income
$321,797
Map
Community
- Address3445 Richland DR Santa Barbara CA
- SubdivisionSanta Barbara: Other
- CitySanta Barbara
- CountySanta Barbara
- Zip Code93105
