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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Zillow last checked:
Listing updated:
Listed by:
John Stiegler IIDRE #01981597310-447-2213,
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB26130060Originating 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