REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by John Stiegler II, DRE #01981597 • Lyon Stahl Investment Real Estate, Inc.
$ 3,149,000
Est. payment | /mo
8,490 Sqft Lot
$ 3,149,000
Est. payment | /mo
8,490 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26130060
Year Built 1956
Lot Size 8,490 Sqft
Source California Regional MLS
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 California's most sought-after coastal communities.
Location
State CA
County Los Angeles
Area 163 - Malaga Cove
Interior
Laundry Laundry Area
Exterior
Garage Spaces 6.0
Pool None
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 7539008003
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "