On September 23, 2024, Magnolia Properties acquired 4858 Snowden, a desirable corner-lot property in Lakewood, CA. The existing home was completely renovated, and two new backyard units were constructed, each designed as a 1,200 SF three-bedroom, two-bath layout.

Construction was completed in September 2025, and the property is now held as a stabilized three-unit rental following the completion of a cash-out refinance in October 2025.