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3445 Richland Drive, 
Santa Barbara, CA 93105

$6,500,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Michael Lopus

Colliers International

213-532-3298

Last updated:

November 21, 2025, 06:47 AM

MLS#

V1-33479

Source:

CRMLS

About This Home

3445 Richland Drive

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.

Home Facts

Multi-Family

Built in 1960

Price Summary

6,500,000

MLS #:

V1-33479

Last Updated:

November 21, 2025, 06:47 AM

Added:

a day ago

Structure

Structure

Year Built:

1960

Lot

Lot Size (Sq. Ft):

16,552

Finances & Disclosures

Finances

Price:

$6,500,000

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of November 21, 2025 . 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, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.