Mohr Real Estate Group

Mohr Real Estate Group

3445 Richland DR Santa Barbara CA 93105 MLS #V1-33479

3445 Richland DR
Santa Barbara, CA, 93105
$6,500,000
Beds
0 Baths
0 SqFt
0.38 Acres
Add
Add
$6,500,000
3445 Richland DR
Santa Barbara, CA, 93105
MLS #V1-33479 image #0MLS #V1-33479 image #1MLS #V1-33479 image #2MLS #V1-33479 image #3MLS #V1-33479 image #4MLS #V1-33479 image #5MLS #V1-33479 image #6MLS #V1-33479 image #7MLS #V1-33479 image #8MLS #V1-33479 image #9MLS #V1-33479 image #10

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.

Property Details

Price:
$6,500,000
MLS #:
V1-33479
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Subdivision:
Santa Barbara: Other
Neighborhood:
vc81santabarbara
Listed Date:
Nov 20, 2025
Lot Size:
16,552 sqft / 0.38 acres (approx)
Year Built:
1960
Vc81 – Santa BarbaraVc81santabarbaraSanta Barbara: OtherNone

Schools

Interior

Appliances
GR, FSR
Cooling
NO
Heating
SEE
Laundry Features
NO
Levels
U

Exterior

Common Walls
NCW
Community Features
SDW
Fencing
NO
Spa Features
NO
View
NO

Financial

Net Operating Income
$321,797
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The Mohr Real Estate Group

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