28
See all 28 photos
$3,149,000
Est. payment /mo
7 Beds
4 Baths
8,490 Sqft Lot
New
229 W Palos Verdes Dr W Palos Verdes Estates, CA 90274
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26130060
Bedrooms 7
Lot Size 8,490 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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 Californias most sought-after coastal communities.
Location
State CA
County Los Angeles
Zoning Appraiser
Direction 229 Palos Verdes Dr W is located in the Malaga Cove neighborhood of Palos Verdes Estates, across from Malaga Cove Plaza and near
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 7539008003
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by John Stiegler II, DRE#01981597 Lyon Stahl Investment Real Estate, Inc.
Nearby School & Business
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