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    Santa Barbara Multifamily Investment Opportunity Title is generated by Realmo AI

    3445 Richland Dr, Santa Barbara, CA 93101

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    For Sale
    $6,500,000

    Sixteen-unit multifamily property with upgraded interiors and plumbing improvements.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    53
    Last Refresh:
    Apr 24 at 4:30 pm

    Property Features for 3445 Richland Dr

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1960

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    Listing Contact
    Michael Lopus

    Listing agent Michael Lopus

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Michael Lopus

    HighLights

    • Fourteen of sixteen units renovated with upgraded interiors.
    • New sewer connections to the street ensure long‑term infrastructure reliability.
    • Consistently high occupancy and minimal vacancy.
    • Proven record of professional maintenance.
    • Upside potential through continued modernization and rent growth.
    • Combined property (3445 & 3449 Richland).

    Overview

    The property at 3445 & 3449 Richland consists of sixteen units, fourteen of which have been renovated with upgraded interiors. Substantial plumbing improvements have been made, including new sewer connections to the street. This garden-style community maintains consistently high occupancy and minimal vacancy. It has a proven record of professional maintenance, representing a stable, well-performing asset with upside potential through continued modernization and rent growth. The bike score is 58, indicating it is bikeable. The walk score is 62, indicating it is somewhat walkable. The transit score is 36, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.7380683
    Latitude
    34.4387669

    FAQs

    What type of property is this?
    Apartment building - Sixteen-unit multifamily property with upgraded interiors and plumbing improvements.
    Where is this apartment building located?
    The property is located at 3445 Richland Dr Santa Barbara, CA.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: Fourteen of sixteen units renovated with upgraded interiors.; New sewer connections to the street ensure long‑term infrastructure reliability.; Consistently high occupancy and minimal vacancy.
    More about this property
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