229 Palos Verdes Dr W, Palos Verdes Estates, CA 90274
Mark Otero
Mark Otero

+1(619) 997-5848

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$ 3,000,000

$ 3,149,000 4.7%

Est. payment | /mo

7 Beds

4 Baths

8,490 Sqft Lot

$ 3,000,000

$ 3,149,000 4.7%

Est. payment | /mo

7 Beds

4 Baths

8,490 Sqft Lot

Key Details

Sold Price $3,000,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB26130060

Sold Date 09/04/26

Bedrooms 7

Lot Size 8,490 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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 Californias most sought-after coastal communities.

Location

State CA

County Los Angeles

Zoning Appraiser

Direction 229 Palos Verdes Dr W is located in the Malaga Cove neighborhood of Palos Verdes Estates, across from Malaga Cove Plaza and near

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 7539008003

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

MLS Router / San Diego MLS
Listed by John Stiegler II, DRE#01981597 Lyon Stahl Investment Real Estate, Inc. 
Bought with Keith Kelley Strand Hill Properties

Nearby Locations

Mark Otero

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 997-5848

[email protected]

1420 Kettner Blvd, San Diego, CA 92101, USA

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229 Palos Verdes Dr W