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229 Palos Verdes Dr W
Palos Verdes Estates, CA 90274 Palos Verdes Peninsula

$3,149,000 USD

Multifamily For Sale • 5,994 SF

Property Details

Property Type Multifamily
Total Building Size 5,994 SF
Lot Size 0.19 AC
Year Built 1956
Cap Rate 2.73 %
Zoning PVRM*

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                Rare 6-Unit Apartment Building in Palos Verdes Estates
                            
                                Prime Malaga Cove Location  with Scenic Walking Trail Access to the Beach and Hollywood Riviera
                            
                                Unit Mix: (2) 1 Bed / 1 Bath Units & (4) 2 Bed / 1 Bath Units (Select Units Feature Ocean Views)
                            
                                5,994 SF Building Situated on an 8,490 SF Lot
                            
                                Private One-Car Garage and Driveway Parking for Each Unit
                            
                                Significant Value-Add Opportunity with Strong Long-Term Rental Growth

Property Flyers

229 Palos Verdes Drive OM (7)

Cap Rate:

2.73 %

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	24 min	-	11.5 mi
Long Beach (Daugherty Field)	29 min	-	16.2 mi
Bob Hope	56 min	-	38.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	AttachedGarage
Included in Rent:	Yes

Johnnie Stiegler 310-447-2213 Lyon Stahl Investment Real Estate, Inc.

229 Palos Verdes Dr W Palos Verdes Estates, CA 90274 Palos Verdes Peninsula