Magnolia Properties acquired 5103 Barlin, located in a quaint Lakewood, CA neighborhood, on August 16, 2024 on a desirable corner lot. The existing home was completely renovated, and two new backyard units were constructed, each designed as a 1,200 SF three-bedroom, two-bath layouts.

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