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Stacey Alysson Melman

229 Palos Verdes Dr W
Palos Verdes Estates, CA, 90274
$3,149,000
Beds
0 Baths
0 SqFt
0.19 Acres
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MLS #SB26130060 image #0
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.
AGENT: John Stiegler II
LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.
229 Palos Verdes Dr W
Palos Verdes Estates, CA

Property Details

Price:
$3,149,000
MLS #:
SB26130060
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
163malagacove
Listed Date:
Jun 15, 2026
Total Sq Ft:
5,994
Lot Size:
8,490 sqft / 0.19 acres (approx)
Year Built:
1956
163 – Malaga Cove163malagacove
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Schools

Interior

Laundry Features
AR
Levels
C

Exterior

Common Walls
_1CW
Community Features
SDW, PARK, FISH, WATE, HIKI, BIKI, DGP
Garage Spaces
6
Parking Spots
6
Parking Total
6

Financial

Net Operating Income
$86,040

Map

Community

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