Our investors
While we have developed and managed over 2,000 units since we started operating over 30 years ago, our team is able to provide personalized investment services. Between our development and management services, we offer an integrated service that allows individual attention, strategic portfolio management and personalized service. Ocean prides itself on ease of access, transparency and responsiveness to our renters and investors. We cater to the private investor that wants to invest in income property, but does not want to get involved in the day to day operations that so often come along with becoming a landlord. Our service is unique in that we can not only sell you the property but we can also manage it for you, providing you a “hands off” enjoyable experience while enjoying a great return on your investment.
Robust Financial Fundamentals
Our properties provide above average returns, coupled with a stable and sustainable cash flow. In addition, all of our units are new construction, therefore eliminating your exposure to rent control.
Highly Populated Trade Area with Continuous Redevelopment
South Los Angeles encompasses approximately 60 square miles and accounts for nearly 10% of the total population (nearly 885,000 persons) living in Los Angeles County. With such a large population, South Los Angeles would rank as the fourth largest city in California – over twice as large as Oakland. The infrastructure in South Los Angeles is continuously being improved upon. Specifically, the Los Angeles Unified School District (“LAUSD”)
Why Ocean Development
We believe the quality of our properties is far superior to anything ever built in the inner-cities. We continue to stay current on trends and supply the best amenities and upgrades seen in South Los Angeles. Furthermore, the properties are built to provide easy maintenance and long term efficiency.
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Globe News Wire
May 08, 2017
LA’s 2nd largest residential developer.Read full article »
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Globe News Wire
April 10, 2017
Ocean Development completes 1000th home in Los Angeles.Read full article »
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Curbed Los Angeles
February 6, 2017
Report predicts LA rents will keep rising in 2017.Read full article »
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Los Angeles Times
April 12, 2016
Southern California apartment rents are expected to continue rising through 2018.Read full article »