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Pending
  • Listed by: Lyon Stahl Investment Real Estate, Inc. • John Stiegler II • Contact: 310-447-2213
    $3,149,000

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

    10beds
    6baths
    5,994sqft
    : 
    $20,994/mo
    Get pre-qualified
    Multi Family
    Built in 1956
    -- sqft lot
    $3,019,100 Zestimate®
    $525/sqft
    $-- HOA

    What's special

    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.
    25 days
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    84
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    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    John Stiegler II DRE #01981597 310-447-2213,

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB26130060MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 6
      Appliances
      • Laundry: Common Area
      Features
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 5,994
      • Total interior livable area: 5,994 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Garage
      • Garage spaces: 6
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 8,490 Square Feet
      • Features: Rectangular Lot
      Details
      • Parcel number: 7539008003
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1956

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Dog Park, Fishing, Hiking, Park, Sidewalks, Water Sports
      Location
      • Region: Palos Verdes Estates

      Financial & listing details

      • Price per square foot: $525/sqft
      • Date on market: 6/15/2026
      • Cumulative days on market: 26 days
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
      • Total actual rent: 159540

        Estimated market value

        $3,019,100

        $2.87M - $3.17M

        $5,762/mo

        Price history

        DateEventPrice
        7/3/2026Pending sale$3,149,000$525/sqft
        Source: CRMLS #SB26130060 Report a problem
        6/15/2026Listed for sale$3,149,000$525/sqft
        Source: CRMLS #SB26130060 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 90274

        Getting around

        47 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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