Magnolia Properties acquired 2130 Drescher Street on April 23, 2024, located in San Diego’s Linda Vista submarket approximately 0.6 miles from the University of San Diego. The project includes the full renovation of four existing units, with a second phase currently in permitting to add 18 new units through a modern three-story development, bringing the property to 22 total units.

The completed development will offer premium living spaces with private balconies and designated parking for every resident. With high-end finishes and a prime location, this project will be a high-quality addition to the local rental market.