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.
- Pool:
- No
- Parking:
- 6.00
- New Construction YN:
- 0
- Laundry:
- Common Area
- Sewer:
- Public Sewer
- Common Walls:
- 1 Common Wall
- Senior Community:
- 0
- List Agent Agent ID:
- sbstiejoh
- Water Source:
- Public
- Lot Features:
- Rectangular Lot
- Community Features:
- Sidewalks, Hiking, Park, Watersports, Dog Park, Biking, Fishing
- Stories:
- 3
- Entry Level:
- 1
- Entry Location:
- Yes
- Street:
- Palos Verdes Dr W
- Street Number:
- 229
- Floor Number:
- 0
- Longitude:
- W119° 36' 38.3''
- Latitude:
- N33° 48' 2.7''
- Listing Courtesy of:
- Lyon Stahl Investment Real Estate, Inc.
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 6
- Lot Size Square Feet:
- 8,490 Sqft
- List Agent Last Name:
- Stiegler II
- List Agent License Number:
- 01981597
- Special Listing Conditions:
- Standard
- List Office ID:
- SB1310620
- List Agent First Name:
- John
- Directions:
- 229 Palos Verdes Dr W is located in the Malaga Cove neighborhood of Palos Verdes Estates, across from Malaga Cove Plaza and near the border with Redondo Beach
- MLSAreaMajor:
- 163 - Malaga Cove
- Levels:
- Three Or More
- Parcel Number:
- 7539008003
- List Agent License Number:
- 01972083
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
229 Palos Verdes Dr W, Palos Verdes Estates, California 90274
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- SB26130060
- List Price :
- $3,149,000
- Year Built :
- 1956
- Lot Area :
- 0.19 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Palos Verdes Estates
- Zipcode:
- 90274
- Status :
- Active
- Property Type :
- Apartment
- Price Per Square Foot :
- $525
- Days on Market :
- 0
