229 Palos Verdes Dr W, Palos Verdes Estates, CA 90274
Property
Sold September 2026
Listing Agent: John Stiegler II (DRE #01981597) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-447-2213 · Bought with: Keith Kelley · Strand Hill Properties · MLS #SB26130060 · Source: CRMLS
How this sale compares
229 Palos Verdes Dr W sold for $3,000,000 in September 2026, 4.7% under its $3,149,000 list price, after 18 days on the market. Across 186 closed sales in 90274 over the last 12 months, the median sold price is $2,732,500 and the median is $967 per square foot.
| Quarter | Closed sales in 90274 | Median sold price |
|---|---|---|
| Q1 2026 | 16 | $2,661,988 |
| Q2 2026 | 76 | $3,005,203 |
| Q3 2026 | 94 | $2,685,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Palos Verdes Estates · Homes for sale in 90274
About this property
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.
Listing description from the September 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 229 Palos Verdes Dr W
- 381 Palos Verdes Dr. W — Sold $3,499,000 · 4 bd · 4 ba · 2,417 sqft · Aug 2026 · 0.3 mi
- 2704 Via Elevado — Sold $4,600,000 · 4 bd · 4 ba · 3,867 sqft · Aug 2026 · 0.3 mi
- 2725 Via Campesina — Sold $3,255,000 · 4 bd · 3 ba · 3,085 sqft · Aug 2026 · 0.4 mi
- 900 Via Nogales — Sold $4,525,000 · 5 bd · 6 ba · 3,995 sqft · Aug 2026 · 0.4 mi
- 412 Via Almar — Sold $4,800,000 · 5 bd · 5 ba · 3,875 sqft · Aug 2026 · 0.5 mi
- 1801 Via Arriba — Sold $4,600,000 · 4 bd · 4 ba · 4,100 sqft · Aug 2026 · 0.6 mi
- 3224 Palos Verdes N — Sold $2,175,000 · 4 bd · 2 ba · 1,965 sqft · Aug 2026 · 0.8 mi
- 1409 Via Fernandez — Sold $6,399,000 · 6 bd · 8 ba · 6,326 sqft · Aug 2026 · 1.2 mi
MLS-reported closed sales in 90274, nearest first (last 12 months). All recent sales in Palos Verdes Estates →
Questions about 229 Palos Verdes Dr W
When did 229 Palos Verdes Dr W last sell?
229 Palos Verdes Dr W last sold in September 2026 for $3,000,000, according to CRMLS-reported closed sales.
What did 229 Palos Verdes Dr W sell for?
$3,000,000, 4.7% below the $3,149,000 list price, after 18 days on the market.
How does that compare to other Palos Verdes Estates sales?
186 homes closed in ZIP 90274 over the last 12 months at a median of $2,732,500 ($967 per square foot).
Is 229 Palos Verdes Dr W for sale now?
229 Palos Verdes Dr W is not currently listed on the MLS. Browse current homes for sale in Palos Verdes Estates on Nalren.