El Dorado Hills, CA - L5 Investments, a Northern California-based multifamily investment firm is pleased to announce the successful closing of an 88-unit apartment community in Pittsburg, CA (an emerging submarket of East Bay San Francisco, CA). The property, built in 2003 is a 55+ age, deed restricted, garden style community.
The property is well positioned and stands to benefit from L5’s $ 598,100 rehab program which will significantly impact the property with interior upgrades, a complete remodel of the leasing center, business center, new amenity areas, paint and improved landscaping.
This property is expected to be another strong performing asset for L5’s growing portfolio.
L5 Real Estate Investments continues to provide best in class wealth and asset management via well located, yield-driven multifamily assets where improved operations and physical improvements maximize earnings and build wealth.

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