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$3,420,000 -$180,000 (-5%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 13 hours ago
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Great opportunity to own a 6-unit building in the Malaga Cove area of Palos Verdes Estates. Located across from Malaga Cove Plaza and walking distance to Redondo Beach. Each unit has a 1-car garage with parking directly behind garages and available parking in the alley behind the building. Units look out over a large deck toward the lush wooded ravine, giving the units a tranquil vista from the living rooms. Close to Riviera Village with many restaurants and shops. The building offers a great opportunity to increase income with some renovations, with a strong long-term upside.

Full Property Details for 229 Palos Verdes Dr W

General

  • Price: $3,420,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB25253518
  • Updated: 1/18/2026
  • Days on Market: 76 days
  • Added to Site: 76 day(s) ago

Interior

  • Fireplace(s): None
  • Appliances: Dishwasher, Disposal, Gas Range

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 6
  • Parking Features: Assigned, Garage Faces Rear, Garage (Single Door)
  • Parking: Assigned, Garage Faces Rear, Garage (Single Door)

Location

  • Area: 163 - Malaga Cove
  • County: Los Angeles
  • Development Name: 163 - Malaga Cove
  • Driving Directions: Palos Verdes Blvd to Palos Verdes Drive West

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Gas Meters: 6
  • # Electric Meters: 6

Structural Information

  • Architectural Style: Mediterranean
  • Roof: Clay
  • Windows: Casement Windows
  • Entry Location: Street Level
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 5,994
  • Year Built: 1956

Unit Information

Unit 1

  • Number of Units: 4
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 0.1949
  • Lot Size (Sq. Ft.): 8,490
  • Lot Size Source: Assessor
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $570.57
  • Price Per Unit: 570000

Listed by Premier Property Solutions, Bruce Weitzman

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Listing agent

— 229 Palos Verdes Dr W —

  • Bruce Weitzman

    Premier Property Solutions

bruce@premierpropsolutions.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 229 Palos Verdes Dr W

School District:Palos Verdes Peninsula Unified School District
NameGradesDistance
Montemalaga Elementary School
1121 V?a Nogales, Palos Verdes Estates, CA 90274
K-50.8 mi
Palos Verdes Intermediate School
2161 V?a Olivera, Palos Verdes Estates, CA 90274
6-82.1 mi
Palos Verdes Peninsula High School
27118 Silver Spur Road, Rolling Hills Estates, CA 90274
9-121.8 mi
Palos Verdes High School
600 Cloyden Road, Palos Verdes Estates, CA 90274
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 229 Palos Verdes Dr W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/18/2026
Price Reduced
$3,420,000
-5%
MLS
11/04/2025
Listed
$3,600,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 229 Palos Verdes Dr W

Year
Property Taxes
Change
Tax Assessment
Change
2025
$40,426
141%
$3,306,550
174%
2023
$16,774
4%
$1,206,070
2%
2022
$16,061
-1%
$1,182,427
2%
2021
$16,231
1%
$1,159,247
1%
2020
$16,041
3%
$1,147,364
2%
2019
$15,639
1%
$1,124,672
2%
2018
$15,498
14%
$1,102,621
2%
2017
$13,643
-7%
$1,081,002
2%
2016
$14,654
1%
$1,059,807
2%
2015
$14,496
1%
$1,043,888
2%
2014
$14,322
1%
$1,023,440
—
2013
$14,228
—
$1,018,816
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 229 Palos Verdes Dr W

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Premier Property Solutions, Bruce Weitzman

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229 Palos Verdes Drive West, Palos Verdes Estates, CA 90274 (MLS# SB25253518) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 229 Palos Verdes Drive West is currently listed for $3,420,000 and was received on November 04, 2025. Want to learn more about 229 Palos Verdes Drive West? Do you have questions about finding other Multi-Family real estate for sale in Palos Verdes Estates? You can browse all Palos Verdes Estates real estate or contact a Coldwell Banker agent to request more information.

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