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.
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.
Property Details
Price:
$3,149,000
MLS #:
SB26130060
Status:
Active
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
See this Listing
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
Map
Community
- Address229 Palos Verdes Dr W Palos Verdes Estates CA
- CityPalos Verdes Estates
- CountyLos Angeles
- Zip Code90274
Market Summary
Current real estate data for Single Family in Palos Verdes Estates as of Jun 19, 2026
63
Single Family Listed
57
Avg DOM
1,004
Avg $ / SqFt
$4,534,465
Avg List Price
Property Summary
- 229 Palos Verdes Dr W Palos Verdes Estates CA is a Single Family for sale in Palos Verdes Estates, CA, 90274. It is listed for $3,149,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1956. The average price per square foot for Single Family listings in Palos Verdes Estates is $1,004. The average listing price for Single Family in Palos Verdes Estates is $4,534,465.
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