Nalren
Open in App

ResidentialIncome — 3445 Richland Drive, Santa Barbara, CA

$6,500,000

3445 Richland Drive, Santa Barbara, CA

$6,500,000 — 3445 Richland Drive, Santa Barbara, CA — photo 1 $6,500,000 — 3445 Richland Drive, Santa Barbara, CA — photo 2
View in Nalren App Get the App

About this property

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.

Property details

Year built
1960
Property type
ResidentialIncome

Location

3445 Richland Drive • Santa Barbara, CA 93105

More homes for sale and rent in Santa Barbara, CA →

Listed by

Michael Lopus · Colliers International

Listing courtesy of Colliers International. Information deemed reliable but not guaranteed.

View this listing and thousands more on Nalren — the modern way to discover and connect on real estate.

Are you a local professional? Get found and booked on Nalren.