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$6,500,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 3445 Richland Dr

General

  • Price: $6,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: V1-33479
  • Updated: 11/20/2025
  • Days on Market: 58 days
  • Added to Site: 58 day(s) ago

Interior

  • Fireplace(s): None
  • Appliances: Free-Standing Range, Gas Range

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: None
  • Parking: None

Location

  • Area: VC81 - Santa Barbara
  • County: Santa Barbara
  • Development Name: VC81 - Santa Barbara
  • Driving Directions: Richland off Broadmoor Plaza

Heating & Cooling

  • Cooling Type: None
  • Heating Type: See Remarks

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 16
  • # Gas Meters: 16
  • # Electric Meters: 16

Structural Information

  • Stories/Levels: Two
  • Stories Description: Two
  • Year Built: 1960

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 11

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 12

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 13

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.38
  • Lot Size (Sq. Ft.): 16,552
  • Lot Size Source: Public Records
  • Lot Description: No Sprinklers

Listed by Colliers International, Michael Lopus

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Listing agent

— 3445 Richland Dr —

  • Michael Lopus

    Colliers International

(805) 680-8806

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3445 Richland Dr

School District:Santa Barbara Unified School District
NameGradesDistance
Adams Elementary School, Santa Barbara, CA
2701 Las Positas Road, Santa Barbara, CA 93105
PK-60.5 mi
La Cumbre Junior High School
2255 Modoc Road, Santa Barbara, CA 93101
7-81.2 mi
San Marcos Senior High School
4750 Hollister Avenue, Santa Barbara, CA 93110
9-122.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3445 Richland Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/20/2025
Listed
$6,500,000
183.66%
MLS
6/28/2016
Sold
$2,291,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3445 Richland Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$28,092
2%
$2,658,543
2%
2024
$27,613
2%
$2,606,494
2%
2023
$27,113
2%
$2,555,466
2%
2022
$26,648
2%
$2,505,438
2%
2021
$26,038
1%
$2,456,391
1%
2020
$25,770
2%
$2,431,246
2%
2019
$25,322
1%
$2,379,654
2%
2018
$24,966
3%
$2,332,995
2%
2017
$24,142
26%
$2,287,250
25%
2016
$19,177
1%
$1,825,650
2%
2015
$18,967
2%
$1,798,228
2%
2014
$18,656
—
$1,763,004
—
2013
$18,572
—
$1,757,837
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 3445 Richland Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Colliers International, Michael Lopus

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3445 Richland Drive, Santa Barbara, CA 93105 (MLS# V1-33479) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 3445 Richland Drive is currently listed for $6,500,000 and was received on November 20, 2025. Want to learn more about 3445 Richland Drive? Do you have questions about finding other Multi-Family real estate for sale in Santa Barbara? You can browse all Santa Barbara real estate or contact a Coldwell Banker agent to request more information.

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