3432 Richland DrSanta Barbara, CA 93105

  • Residential income properties
  • 0.22 AC
For Sale
$3,295,000 View listing

Property Details for 3432 Richland Dr

Year built
1962
Lot size
0.22 AC
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
051-061-018
APU
51061018

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,544,249
    6.5%
    $3,271,614
    7%
    $3,037,928
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,824,570
    Geo Method
    $2,824,570
  • Alternative Use

    Use
    Valuation
    Residential
    $3,271,614
    Hospitality
    $2,996,781
    Educational
    $2,493,286
    Medical
    $2,579,034
    Retail
    $3,878,446
3432 Richland Dr, Santa Barbara, California
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Location Insight

City
Santa Barbara
County
Santa Barbara
State
California
Latitude
34.4396
Longitude
-119.738
CBSA code
42200
CBSA name
SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$27,519
$1,298,840
$1,298,840
$2,597,680
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