Pacific Beach. Ocean Beach. Point Loma. Three coastal submarkets where demand is permanent and supply is constrained by geography itself. Crown Point Equities acquires underbuilt properties in these neighborhoods and redevelops them into four-to-nine-unit multifamily assets, capturing the density that California's zoning laws now permit and the market has always demanded. It is a specific strategy, executed repeatedly, in the strongest coastal rental market in the country.
Most development firms outsource the phases where value is created.
At Crown Point Equities, every phase runs through the partners.
Off-market sourcing, disciplined underwriting, and immediate stabilization. Properties are renovated, leased, and producing income while redevelopment plans take shape.
Zoning analysis, architecture, and engineering are directed in-house and carried through city approval by the firm itself. Entitlement is where value is created, and it is never outsourced.
Construction is managed on site by the firm, from ground work through final inspection to finished, leased product. The firm delivers complete assets, not plans.
A detached duplex rebuilt into four units, setting a Pacific Beach record for price per door.
A three-unit property four blocks from the beach, rebuilt into seven units.
An off-market duplex on land zoned for triple its footprint, becoming four townhomes totaling 7,500 square feet.
Crown Point Equities is led by its founders: Kristopher Armstrong, a licensed broker and developer who has led more than fourteen San Diego redevelopments and runs every project from site selection through delivery, and Daniel Passov, a serial founder who has built and exited multiple companies and directs the firm's operations, finance, and capital strategy. One builds the asset. One builds the machine around it.
About usCrown Point Equities develops alongside a select group of partners.
If you're interested in being part of what the firm is building, reach out.