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$5,850,000
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Property Description
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
Full Property Details for 3445 Richland Dr
General
- Sold For: $5,850,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: V1-33479
- Added to Site: 182 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 Source: Public Records
- Lot Description: No Sprinklers
Listed by Colliers International, Michael Lopus
Sold by Unknown Agency, Non Member
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Schools
Schools serving 3445 Richland Dr
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Adams Elementary School, Santa Barbara, CA 2701 Las Positas Road, Santa Barbara, CA 93105 | PK-6 | 0.5 mi |
La Cumbre Junior High School 2255 Modoc Road, Santa Barbara, CA 93101 | 7-8 | 1.2 mi |
San Marcos Senior High School 4750 Hollister Avenue, Santa Barbara, CA 93110 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3445 Richland Dr
Date
Details
Price
Change
Source
4/30/2026
Sold
$5,850,000
-10%
MLS
11/20/2025
Listed
$6,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3445 Richland Drive, Santa Barbara, CA 93105 (MLS# V1-33479) is a Multi-Family property that was sold at $5,850,000 on April 30, 2026. 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.

