$5,850,000
$6,500,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
3445 Richland DR Santa Barbara, CA 93105
0.38 Acres Lot
Key Details
Sold Price $5,850,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Santa Barbara: Other
MLS Listing ID V1-33479
Sold Date 04/30/26
HOA Y/N No
Year Built 1960
Lot Size 0.380 Acres
Property Sub-Type Mixed Use
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.
Location
State CA
County Santa Barbara
Area Vc81 - Santa Barbara
Interior
Heating See Remarks
Cooling None
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Gas Range
Laundry None
Exterior
Parking Features None
Fence None
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Private Pool No
Building
Lot Description Sprinklers None
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 051080009
Energy Description 4258.0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Non Member Unknown Agency