Property Detail

3445 Richland

Santa Barbara CA 93105

$6,500,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Michael Lopus of Colliers International. Last updated 2026-04-02 08:11:28.000000. Listing information © 2025 CRMLS.

Steele Realty Group

Steele Realty Group

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