0
Beds
0
Baths
0
ft²
Projected Value
$0.00M
Niagara St
A hidden local gem turned into a multi-family masterpiece
The Team
The Team
Kris Armstrong
Co-Founder & Principal Developer
Kris Armstrong
Co-Founder & Principal Developer
General Info
General Info
Descritpion
Rent Stabilized
0
Beds
0
Baths
0
ft²
$0.5
4642-46 Niagara was acquired with three existing units, including one two-bedroom residence and two one-bedroom residences. The property was fully renovated and stabilized, with garage conversions completed to increase the unit count to five. Zoning allows for a second-story expansion, creating the opportunity to add two to three additional units. The redevelopment plan includes the expansion of the front home to approximately 2,500 square feet and the addition of two 950-square-foot ADUs, with an anticipated timeline of 4–8 months for permitting, 15–18 months for construction, and up to 4 months for marketing and sales. The project is projected to have an approximate 30-month total timeline.
Features
Property Ameneties
Property Ameneties
Interior
Bedrooms
0
Bathrooms
0
Flooring
Lighting
Yes
Laundry Room
A/C
Interior
Interior
Bedrooms
0
Bathrooms
0
Flooring
Lighting
Yes
Laundry Room
A/C
Interior
Interior
Bedrooms
0
Bathrooms
0
Flooring
Lighting
Yes
Laundry Room
A/C
Interior
Exterior
Yard
Parking
Fitness
Pool
Security
Amenities
Services
Exterior
Exterior
Yard
Parking
Fitness
Pool
Security
Amenities
Services
Exterior
Area
Transit
Parks
Shopping
Dining
Health
Education
Entertainment
Area
Area
Transit
Parks
Shopping
Dining
Health
Education
Entertainment
Area
Neighborhood
Safety
Community
Vibe
Events
Market
Walkability
Accessibility
Neighborhood
Neighborhood
Safety
Community
Vibe
Events
Market
Walkability
Accessibility
Neighborhood
Property Tour
Property Tour
Location
Video
FAQ
FAQ
FAQ
Questions Regarding This Property
What makes Crown Point different from other real estate funds?
We're a vertically integrated developer-operator, not just a capital allocator. Our principals design, build, and manage every property in our portfolio. This end-to-end control means faster execution, lower costs, and direct oversight of value creation—from acquisition through disposition.
What is your investment focus and geographic strategy?
We exclusively target coastal real estate in San Diego and Florida markets. Our strategy combines immediate value-add improvements that drive NOI growth with patient entitlement work that unlocks density, use changes, and redevelopment opportunities. This dual-track approach generates current returns while building long-term appreciation.
Who can invest in Crown Point Equities?
Our 506(c) fund is limited to accredited investors as defined by SEC regulations. This typically includes individuals with $200K+ annual income ($300K joint), $1M+ net worth (excluding primary residence), or holders of Series 7, 65, or 82 licenses. We require investor qualification verification before providing offering materials.
How do you create value in coastal properties?
We target underperforming assets where current use doesn't reflect highest-and-best potential. Through strategic renovations we force immediate appreciation and rental growth. Simultaneously, we navigate complex coastal entitlement processes to secure density increases, mixed-use conversions, or ground-up redevelopment rights—compounding returns over our hold period.
What makes Crown Point different from other real estate funds?
We're a vertically integrated developer-operator, not just a capital allocator. Our principals design, build, and manage every property in our portfolio. This end-to-end control means faster execution, lower costs, and direct oversight of value creation—from acquisition through disposition.
What is your investment focus and geographic strategy?
We exclusively target coastal real estate in San Diego and Florida markets. Our strategy combines immediate value-add improvements that drive NOI growth with patient entitlement work that unlocks density, use changes, and redevelopment opportunities. This dual-track approach generates current returns while building long-term appreciation.
Who can invest in Crown Point Equities?
Our 506(c) fund is limited to accredited investors as defined by SEC regulations. This typically includes individuals with $200K+ annual income ($300K joint), $1M+ net worth (excluding primary residence), or holders of Series 7, 65, or 82 licenses. We require investor qualification verification before providing offering materials.
How do you create value in coastal properties?
We target underperforming assets where current use doesn't reflect highest-and-best potential. Through strategic renovations we force immediate appreciation and rental growth. Simultaneously, we navigate complex coastal entitlement processes to secure density increases, mixed-use conversions, or ground-up redevelopment rights—compounding returns over our hold period.
What makes Crown Point different from other real estate funds?
We're a vertically integrated developer-operator, not just a capital allocator. Our principals design, build, and manage every property in our portfolio. This end-to-end control means faster execution, lower costs, and direct oversight of value creation—from acquisition through disposition.
What is your investment focus and geographic strategy?
We exclusively target coastal real estate in San Diego and Florida markets. Our strategy combines immediate value-add improvements that drive NOI growth with patient entitlement work that unlocks density, use changes, and redevelopment opportunities. This dual-track approach generates current returns while building long-term appreciation.
Who can invest in Crown Point Equities?
Our 506(c) fund is limited to accredited investors as defined by SEC regulations. This typically includes individuals with $200K+ annual income ($300K joint), $1M+ net worth (excluding primary residence), or holders of Series 7, 65, or 82 licenses. We require investor qualification verification before providing offering materials.
How do you create value in coastal properties?
We target underperforming assets where current use doesn't reflect highest-and-best potential. Through strategic renovations we force immediate appreciation and rental growth. Simultaneously, we navigate complex coastal entitlement processes to secure density increases, mixed-use conversions, or ground-up redevelopment rights—compounding returns over our hold period.
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