The Commonwealth Apartments
322 S. Commonwealth Ave
Listing Price: $3,300,000
Iconic Investments is pleased to exclusively offer for sale The Commonwealth Apartments, a 12-unit multifamily property located at 322 S. Commonwealth Ave.
The property is comprised of eight (8) one bedroom + one bathroom and four (4) two bedroom + two bathroom units. The ideal unit mix and strong location present an opportunity for a renovation oriented buyer.
The Commonwealth is surrounded by many new developments:
Next on Sixth, a 398-unit Class-A development which includes a 20,000 square foot Target (Completed)
20-story $300-million dollar office tower at 501 S. Vermont - (Under-Construction)
Jamison Properties’ 2900 Wilshire Boulevard development with 641 apartments and 18,500 square feet of retail space (Under-Construction)ildings are being renovated and upgraded to appeal to the Millennials seeking affordable housing alternatives. New construction homes, fourplexes, retail and entertainment options are transforming this once sleepy-bedroom community into a vibrant city-like location.
