About 229 Palos Verdes Dr W
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.
Features of 229 Palos Verdes Dr W
| MLS® # | SB26130060 |
|---|---|
| Price | $3,149,000 |
| Sold Price | $3,000,000 |
| Bedrooms | 10 |
| Bathrooms | 6.00 |
| Lot Sqft | 8,490 |
| Acres | 0.19 |
| Year Built | 1956 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Closed |
| # Of Units | 6 |
Community Information
| Address | 229 Palos Verdes Dr W |
|---|---|
| Area | 163 - Malaga Cove |
| City | Palos Verdes Estates |
| County | Los Angeles |
| Zip Code | 90274 |
Amenities
| Parking Spaces | 6 |
|---|---|
| # of Garages | 6 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
| Stories | Three Or More |
Exterior
| Lot Description | Rectangular Lot |
|---|
Additional Information
| Date Listed | June 15th, 2026 |
|---|---|
| Date Sold | September 4th, 2026 |
| Days on Market | 18 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | John Stiegler Ii |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |