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3445 Richland Drive, Santa Barbara, CA 93105

Property

3445 Richland Drive, Santa Barbara, CA 93105 Sold April 2026 CRMLS
$5,850,000Sold April 2026

Listing Agent: Michael Lopus (DRE #01970736) · Listing Office: Colliers International · Contact: (805) 680-8806 · Bought with: Non Member · Unknown Agency · MLS #V1-33479 · Source: CRMLS

0
Bathrooms
16,552 sqft
Lot Size
1960
Year Built
Property
Type
2
Stories
0
Garage
None
Cooling
SeeRemarks
Heating

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.

Listing description from the April 2026 sale, as reported to CRMLS.

Sale history

$5,850,000
Sold April 2026 · listed $6,500,000, on market November 2025 · MLS #V1-33479 · Source: CRMLS
Listing Agent: Michael Lopus · Listing Office: Colliers International · Contact: (805) 680-8806 · Bought with: Non Member · Unknown Agency
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