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Aerial view of red-tile-roof residences, landscaped grounds, wooded hillside, and distant water.
Bought with Keith Kelley with Strand Hill Properties and Listed by John Stiegler II CA DRE# 01981597 with Lyon Stahl Investment Real Estate, Inc. 310-447-2213
Sold

229 Palos Verdes Dr W

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

$3,000,000
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.

Studio

5,994 Sq.Ft. LIVING AREA

8,490 Sq.Ft. lot

Keith Kelley

Keith Kelley

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Common Area

Area & Lot

  • Status Sold
  • Date Sold September 4, 2026
  • Living Area5,994 Sq.Ft.
  • Total Area5,994 Sq.Ft.
  • Lot Area8,490 Sq.Ft.
  • MLS® IDSB26130060
  • TypeCondo
  • YEAR BUILT1956
  • NeighborhoodPalos Verdes Estates

Exterior

  • STORIES3
  • Garage Space6.0
  • water SourcePublic
  • PoolNone
  • lot featuresRectangular Lot
  • sewerPublic Sewer

Financial

  • Sales Price$3,000,000

Palos Verdes Estates

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