Who we are
Ocean Development Inc., has constructed well over 2,000 units in South Los Angeles, all with off-street parking, modernized kitchens and spacious living quarters. By working closely with the community, local elected officials and neighborhoods, Ocean has been able to help working families move from apartments, to affordable housing. As the dynamics and needs of the modern family change, Ocean has adapted their architecture and layouts to create more livable, comfortable and safe housing.
Its sister company, Ocean Properties, Inc. (“OPI”), offers full service management to over 2,000 units consisting of over 1,000 properties in the south Los Angeles area. Our management and staff are highly qualified in the real estate investing and property management arena with more than 100 years of collective experience.
All of our managed properties are located in South Los Angeles and have been developed with the highest quality seen in the area. We have designed our properties to meet the needs of today’s families with open floor plans and large living spaces. Amenities like granite countertops, solid wood cabinets and forced air heating come standard in our properties. Our current managed properties consist of four- and five-bedroom duplexes that qualify under the Housing and Urban Development’s (“HUD”) Section 8 program. To learn more about this program, go to hacla.org/section8.
We have a strong tie to the community and pride ourselves in the things we do to better the City of Los Angeles. Developing new housing in neighborhoods where other developers have often ignored, we remove old dilapidated houses which are liabilities to the community and replace them with brand new housing.[ Read more ]
Frequently Asked Questions
What is Boutique Investment Service?
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.