Active

229 Palos Verdes Dr W

Palos Verdes Estates, CA 90274
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Bed 0

Bed

Bath 0

Bath

SqFt5,994

Sqft

SqFt8,490

Sqft(Lot)

We are pleased to present 229 Palos Verdes Dr W, a multifamily investment opportunity located in the highly desirable Malaga Cove neighborhood of Palos Verdes Estates. The property consists of (2) one-bedroom/one-bath units and (4) two-bedroom/one-bath units totaling approximately 5,994 square feet on an 8,490 square foot lot. Each unit includes a private one-car garage and driveway parking space, with additional parking conveniently located across the street. Select units enjoy ocean views, while tenants benefit from the propertys exceptional location near scenic walking trails leading to the beach and the Hollywood Riviera. Multifamily opportunities in Palos Verdes Estates are extremely limited, making this a unique investment opportunity with significant long-term upside and value-add potential through rental repositioning. Combining an irreplaceable coastal location, strong unit mix, ample parking, and ocean-view potential, 229 Palos Verdes Dr W offers investors the opportunity to acquire a premier multifamily asset in one of Southern California’s most sought-after coastal communities.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,149,000

AD Id : 84902778

MLS Id : SB26130060

Lot Size : 8,490 Sqft

Living Area Size : 5,994

Year Built : 1956

Garage : 6

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1956 Building Area Total: 5,994
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1949
  • Lot Size Source: Assessor Lot Size Square Feet: 8490

  • Listing Price Information

    Original List Price: 3,149,000 Listing Contract Date: 2026-06-15
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7539008003

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 163 - Malaga Cove Directions: 229 Palos Verdes Dr W is located in the Malaga Cove neighborhood of Palos Verdes Estates, across from Malaga Cove Plaza and near the border with Redondo Beach Source Property Type: Residential Income Area: 163 - Malaga Cove Property SubType: Apartment
  • Building and Construction

    Property Age: 70 Common Walls: 1 Common Wall Structure Type: Apartment Year Built Source: Appraiser Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Three Or More
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4408 Via Pinzon, Palos Verdes Estates, CA, 90274 $1,999,000 3 2 1,811 1,811 SqFt
4228 Via Valmonte, Palos Verdes Estates, CA, 90274 $1,895,000 3 2 1,979 1,979 SqFt
300 Via Alcance, Palos Verdes Estates, CA, 90274 $3,050,000 4 2 2,436 2,436 SqFt
121 Via Ardilla, Palos Verdes Estates, CA, 90274 $2,125,000 3 2 1,911 1,911 SqFt
3825 Palos Verdes Drive.., Palos Verdes Estates, CA, 90274 $2,995,000 4 2 3,147 3,147 SqFt
3649 Navajo Place, Palos Verdes Estates, CA, 90274 $4,498,000 4 4 3,871 3,871 SqFt
4012 Via Opata, Palos Verdes Estates, CA, 90274 $2,195,000 3 -- 1,783 1,783 SqFt
3308 Palos Verdes Drive.., Palos Verdes Estates, CA, 90274 $2,395,000 4 1 2,050 2,050 SqFt
2700 Via Campesina, Palos Verdes Estates, CA, 90274 $1,850,000 2 2 1,295 1,295 SqFt
2521 Novato Place, Palos Verdes Estates, CA, 90274 $6,880,000 3 1 3,586 3,586 SqFt

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ByOwner last updated this listing 06/23/2026 @ 16:28

MLS: SB26130060 LISTED BY: John Stiegler II, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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