Recently Viewed Properties
See This Home
Save This Listing
Close

$3,000,000

  • Sold
  • Closed
  • Multi-Family
  • Updated 7 days ago
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 229 Palos Verdes Dr W

General

  • Sold For: $3,000,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26130060
  • Added to Site: 100 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 6

Location

  • Area: 163 - Malaga Cove
  • County: Los Angeles
  • Development Name: 163 - Malaga Cove
  • Driving 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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 6
  • # Electric Meters: 6

Structural Information

  • Entry Location: 1
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 5,994
  • Year Built: 1956

Unit Information

Unit 1

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

Unit 2

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

Unit 3

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

Unit 4

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

Unit 5

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

Unit 6

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

Lot Features

  • Lot Size (Acres): 0.1949
  • Lot Size Source: Assessor
  • Lot Description: Rectangular Lot

Financial Considerations

  • Price Per Sq. Ft.: $500.5
  • Price Per Unit: 524833

Listed by Lyon Stahl Investment Real Estate, Inc., John Stiegler II
Sold by Strand Hill Properties, Keith Kelley

Listing agent

— 229 Palos Verdes Dr W —

  • John Stiegler II

    Lyon Stahl Investment Real Estate, Inc.

310-447-2213

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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 229 Palos Verdes Dr W

Date
Details
Price
Change
Source
9/04/2026
Sold
$3,000,000
-4.73%
MLS
6/15/2026
Listed
$3,149,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc., John Stiegler II
Sold by Strand Hill Properties, Keith Kelley

Just Listed near 229 Palos Verdes Dr W

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4624 Rollando Dr, Rolling Hills Estates, CA 90274 - Photo 1 Just Listed
$1,950,000
Open House

4624 Rollando Dr  Rolling Hills Estates, CA 90274

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,561
    Sq. Ft.
3605 W Hidden Ln, Rolling Hills Estates, CA 90274 - Photo 1 Just Listed
$499,999
Open House

3605 W Hidden Ln  #303  Rolling Hills Estates, CA 90274

  • Condo
  • Active
  • Updated 4 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 659
    Sq. Ft.
22 Hillcrest Meadows, Rolling Hills Estates, CA 90274 - Photo 1 Just Listed
$2,200,000
Open House

22 Hillcrest Meadows  Rolling Hills Estates, CA 90274

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,733
    Sq. Ft.
11 Sorrel Ln, Rolling Hills Estates, CA 90274 - Photo 1 Just Listed
$3,099,000

11 Sorrel Ln  Rolling Hills Estates, CA 90274

  • Single Family
  • Active
  • Updated 6 hours ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,740
    Sq. Ft.

Price Reduced near 229 Palos Verdes Dr W

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

20 Peartree, Rolling Hills Estates, CA 90274 - Photo 1 Price Reduced
-$100,000 (-8.7%)
$1,050,000

20 Peartree  Rolling Hills Estates, CA 90274

  • Townhouse
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,028
    Sq. Ft.
901 Deep Valley, Rolling Hills Estates, CA 90274 - Photo 1 Price Reduced
-$30,000 (-3.34%)
$869,000

901 Deep Valley  #309  Rolling Hills Estates, CA 90274

  • Condo
  • Active
  • Updated 5 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,240
    Sq. Ft.
314 Via San Sebastian, Redondo Beach, CA 90277 - Photo 1 Price Reduced
-$4,000 (-0.16%)
$2,495,000
Open House

314 Via San Sebastian  Redondo Beach, CA 90277

  • Single Family
  • Active
  • Updated 23 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,601
    Sq. Ft.
2345 190th, Redondo Beach, CA 90278 - Photo 1 Price Reduced
-$2,000 (-1.75%)
$112,000

2345 190th  #50  Redondo Beach, CA 90278

  • Mobile Home
  • Active
  • Updated 2 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 410
    Sq. Ft.

Recent Sales near 229 Palos Verdes Dr W

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

420 Via Malaga, Redondo Beach, CA 90277 - Photo 1 Sold
$2,700,000

420 Via Malaga  Redondo Beach, CA 90277

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 2,206
    Sq. Ft.
214 Calle De Sirenas, Redondo Beach, CA 90277 - Photo 1 Sold
$2,627,000

214 Calle De Sirenas  Redondo Beach, CA 90277

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,650
    Sq. Ft.
2725 Via Campesina, Palos Verdes Estates, CA 90274 - Photo 1 Sold
$3,255,000

2725 Via Campesina  Palos Verdes Estates, CA 90274

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 3,085
    Sq. Ft.
628 Via Del Monte, Palos Verdes Estates, CA 90274 - Photo 1 Sold
$3,110,000

628 Via Del Monte  Palos Verdes Estates, CA 90274

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 2,762
    Sq. Ft.

229 Palos Verdes Dr W, Palos Verdes Estates, CA 90274 (MLS# SB26130060) is a Multi-Family property that was sold at $3,000,000 on September 04, 2026. Want to learn more about 229 Palos Verdes Dr W? 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.